How to Calculate Probability Value (P-Value) in Excel | P-Value in Statistical Hypothesis Tests

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  • Опубликовано: 23 авг 2024

Комментарии • 23

  • @user-qe5pz1pc2f
    @user-qe5pz1pc2f Год назад +5

    Can you explain what this data table is about and what we are actually trying to figure out by this analysis here?

  • @natashajones8370
    @natashajones8370 Год назад +2

    the data sets I am comparing have different data sets within them e.g. one set has 10 values, the other has 15 values and another having 22, how can I compare this data to find the p-value, as one way anova requires you to have the same number of data in each set

  • @HumairaKhanofficial
    @HumairaKhanofficial 3 года назад +3

    if i want to find out the p-value of each variable of research. Each variable has more than two questions so how to calculate each variable p-value?

  • @williamcattr267
    @williamcattr267 11 месяцев назад

    You should post a video of a step-by-step tutorial of the following problem:
    "Some first-time home buyers-especially millennials are raiding their retirement accounts to cover the
    down payment on a home. An economist is concerned that the percentage of millennials who will dip
    into their retirement accounts to fund a home now exceeds 20%. He randomly surveys 190 millennials
    with retirement accounts and finds that 50 are borrowing against them.
    a. Set up the null and the alternative hypotheses to test the economist's concern.
    b. Calculate the value of the test statistic and the p-value.
    c. Determine if the economist's concern is justifiable at α=0.05."
    I've seen the mathematical approach to solving this, but how about a solution in Excel "talk".

  • @deepakagrawal1514
    @deepakagrawal1514 Год назад

    I GET 0% THERE ON ONE OR TWO TAIL TEST THEN WHAT DOS IT MEAN FOR 540 SAMPLE 349 AND 191 HIGH AND LOW GROUP

  • @mariodearmas861
    @mariodearmas861 2 года назад +6

    Ok my question is how exactly would you format a null hypothesis for this? I understand that the p-value shows a significance but a significance for what?

  • @nicholaslokomwa8246
    @nicholaslokomwa8246 Год назад

    Can I determine p value for two separate variables perhaps I don't have a range

  • @Natrajwrites
    @Natrajwrites 2 года назад +1

    Thanks

  • @suttonward7274
    @suttonward7274 2 года назад +6

    i don’t have the data analysis button

    • @Arrgina
      @Arrgina 2 года назад +6

      download the analysis toolpak under file->option->add ins

  • @salinas9441
    @salinas9441 2 года назад

    This also works at google sheet dont worry guys

  • @drsparrow2145
    @drsparrow2145 Год назад +2

    There is no data analysis Tab at my Excel !!!

  • @mdyusoof786
    @mdyusoof786 3 года назад

    Nice video.

    • @zikra056
      @zikra056 2 года назад

      Apko yeh ata h so help me please 🙏🏻

  • @afonsosalbrecht
    @afonsosalbrecht Год назад +7

    if the p-value is lower than 5%, the null hypotheses is rejected and NOT "the null hypothesis is significant". Stop teaching it wrong! where did you learn this???

    • @LinggarMaretvaCendani
      @LinggarMaretvaCendani Год назад

      A lot of people in RUclips teaching things that they don't fully understand, i feel bad also because i'm one of the victim, but it gives me a lesson to learn from many resources so that we can compare and create a conclusion which are true

    • @gregnixon1296
      @gregnixon1296 Год назад

      Maybe the purpose of the video is to have created a video...

    • @Dr.SaritaTandon
      @Dr.SaritaTandon 3 месяца назад

      True

  • @myooii2515
    @myooii2515 6 месяцев назад

    How to fix my P-value shows that #DIV/0!