: p-value in statistics
In: 10
Seems like most of these answers lost the ELI5 aspect of this:
Let’s say we’re playing a game- flip a coin, heads I win, tails you win. We play 10 times and I win 9 and you win 1. You think I’m cheating. But what’s the chance (probability) that we’d get those results or better (for me) if the coin was fair?
That probability is the p-value. If it’s a low enough chance, then you would assume the coin wasn’t fair (and “reject the null hypothesis”)
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