How to Find P-Value in Excel

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  • čas přidán 11. 09. 2024
  • Link to the Excel file: agrimetsoft.co...
    Excel Tutorial CZcams: bit.ly/34TTYcp
    How to Find P-Value in Excel?
    Also, watch this video about p-value with hypothesis test: • How to Find P-Value fo...
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    In this video, you will learn how to calculate P-value using excel. As you can see in the image at the beginning of the video, there are three steps that you should go on, before you can use excel for calculating the p-value. So we first start with a null and alternative hypothesis, then we go through defining alpha or level of significance, then we choose a test statistic, calculate it, and head to computing p-value. The last step is to compare it with test statistics and decide. If the p-value is smaller than the test statistic, the null hypothesis is rejected. If not, it seems like we don’t have enough evidence to prove it wrong.
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