#P VALUE HYPOTHESIS TEST CALCULATOR HOW TO#
You are free to use this image on your website, templates etc, Please provide us with an attribution link How to Provide Attribution? Article Link to be Hyperlinked So, by running a hypothesis test and finding the P-value, we can actually understand the significance of the finding. If the P-value is higher, then there is weak evidence against the null hypothesis. In the test conducted to find the P-Value, if the P-value is smaller then, the stronger evidence against the null hypothesis and your data is more important or significant.
Telling 5% is always better than telling the decimal points 0.05.
P-Value is nothing but the probability value expressed in percentage value in hypothesis testing Hypothesis Testing Hypothesis Testing is the statistical tool that helps measure the probability of the correctness of the hypothesis result derived after performing the hypothesis on the sample data. P-value is used in Co-relation and regression analysis in excel which helps us to identify whether the result obtained is feasible or not and which data set from result to work with the value of P-value ranges from 0 to 1, there is no inbuilt method in excel to find out P-value of a given data set instead we use other functions such as Chi function.