In: Statistics and Probability
Can someone explain how to find the P Value in Question 10, Chapter 9.1 of Applied Statistics and Probability for Engineers? Or just the general steps and cases for finding the P Value.
Definition of P value:
p-value is the probability of finding the observed, or more extreme, results when the null hypothesis is true.
We explain through following example:
So the general procedure for calculating p-value is:
Where:
T=Test statistic
tobs=observed value of the test statistic calculated from our sample