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P value — Explained
P value is a fundamental concept in inferential statistics which is used to draw conclusions based on the results of statistical tests. In a nutshell, p value is a measure of extremeness or…
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p-value and it’s significance
The p value is used all over statistics. In scientific articles we often read about p values. Everyone knows that you use p values to determine statistical significance in a hypothesis test. Despite…
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What is p-value?
If you google “what is p-value”, the first result shown on the page is the definition from Wikipedia: Hmm… the good thing is we know this definition is correct; the bad thing is this definition is…
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What is P-value?
Every Data Scientist must have come across a question, What is P-value and how do we use it in our statistical analysis? At-least one question of every data science interview is about P-value and its…...
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Learn to Read P-Value in English
When we start studying the concepts of probability and statistics, there are a few topics that require us to take a logical leap, often leaving us confused. In my earlier post, I have talked about…
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The Problem with P-Values
One of the most powerful metrics of statistics, the p-value is often misunderstood and misused. To understand the scope of influence and limitations of this statistic, we must establish a common…
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The True Meaning of p-Value
We’ve learnt about p-values many times before. First, in the statistics book we crammed at university; second, when we read some articles assuring us they were legitimate; and finally now as we…
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What is “p-value” short for? No, seriously.
Technically, p-value stands for probability value, but since all of statistics is all about dealing with probabilistic decision-making, that’s probably the least useful name we could give it. Painful…...
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What Should Your Decision Be When Your p-value = 0.052?
A guide for selecting the level of significance Continue reading on Towards Data Science
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Understanding the P-Value in Regression.
P-Value is a statistical test that determines the probability of extreme results of the statistical hypothesis test,taking the Null Hypothesis to be correct. It is mostly used as an alternative to…
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What is a P-value?
This series is based on the Data Science Specialization offered by John Hopkins University on Coursera. The articles in this series are notes based on the course, with additional research and topics…
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You’re Probably Misusing the P-Value
The p value is an important concept in frequentist statistics, and it is usually taught in introductory statistics courses. Unfortunately, many of these courses either do a poor job of explaining…
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Hypothesis Testing & p-Value
Recently, I implemented a new methodology at my work. I did some experiments, analyzed results and with some statistical calculations I proved, the new methodology is better than the existing one……
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Wait, so what’s a P-Value?
If someone asked you to explain what a probability value (p-value) is, how would you intuitively explain? In this article, I’ll poke at this question and build up your intuition on what a p-value…
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P-Values: Understanding Statistical Significance in Plain Language
Hello there! Today, we’d do a fun exploration of statistics, tackling a concept that is both familiar and yet frequently misconstrued - the elusive, yet ever present, p-value. Don’t worry if you’ve fo...
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Hypothesis tests and p-value: a gentle introduction
Whenever statisticians are asked to make inference on some population parameters, which cannot be observed, they need to start from a representative sample of that population. However, once obtained…
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Explaining P-Value and its Interpretation with Examples in Python with ChatGPT
Introduction The p-value is a statistical concept that is commonly used to measure the strength of evidence against a null hypothesis. It is the probability of observing a test statistic as extreme as...
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Not Satisfied with statistical significance (p-value)
The post Not Satisfied with statistical significance (p-value) appeared first on finnstats. If you are interested to learn more about data science, you can find more articles here finnstats. Not Satis...
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Null Hypothesis and the P-Value
When you’re starting your machine learning journey, you’ll come across null hypothesis and the p-value. At a certain point in your journey, it becomes quite important to know what these mean to make…
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A Simple Interpretation of p-values
P-values are quite fun to work with. They’re very useful, yet intriguing, mysterious, and tricky to understand. This post will attempt to explain them without using too much technical jargon. Let’s…
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Hypothesis testing, P-value and some statistical tests
We are going to understand hypothesis testing and P-value in detail and also conduct a few tests in python. If you are new to these terms, don’t worry! I got you covered. You went on a school trip…
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P-Values —An introduction to correct interpretation
If you are like me and have been exposed to Data Science early on, chances are you could not have escaped hearing about ‘p-values’. They are everywhere; in hypothesis testing, linear / logistic…
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Demystifying the P-Value for Data Scientists
So what is the p-value? The p-value is a number, calculated from a statistical test, which measures the probability of obtaining a result at least as extreme as the one observed, assuming the null hyp...
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P-value, Hypothesis Testing and Statistical Significance
You have probably heard about backgammon. Although being one of the oldest board games, it has resisted the digital age and still very common in many eastern cultures. Backgammon is a two-player game…...
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