What is the p-value and what does it indicate in the Null Hypothesis?

1.	What is the p-value and what does it indicate in the Null Hypothesis?
Answer» P-value is a number that ranges from 0 to 1. In a hypothesis test in statistics, the p-value helps in telling us how strong the results are. The claim that is kept for EXPERIMENT or trial is called NULL Hypothesis. A low p-value i.e. p-value less than or EQUAL to 0.05 INDICATES the strength of the results against the Null Hypothesis which in turn means that the Null Hypothesis can be rejected. A high p-value i.e. p-value greater than 0.05 indicates the strength of the results in FAVOUR of the Null Hypothesis i.e. for the Null Hypothesis which in turn means that the Null Hypothesis can be accepted.

Answer»

P-value is a number that ranges from 0 to 1. In a hypothesis test in statistics, the p-value helps in telling us how strong the results are. The claim that is kept for EXPERIMENT or trial is called NULL Hypothesis.

A low p-value i.e. p-value less than or EQUAL to 0.05 INDICATES the strength of the results against the Null Hypothesis which in turn means that the Null Hypothesis can be rejected.
A high p-value i.e. p-value greater than 0.05 indicates the strength of the results in FAVOUR of the Null Hypothesis i.e. for the Null Hypothesis which in turn means that the Null Hypothesis can be accepted.

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What is the p-value and what does it indicate in the Null Hypothesis?

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