Week 5 Hypothesis 3 - The larger the probability value the...

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The critical value is used to decide whether or not a null hypothesis can be rejected. A p-value is the probability that the null hypothesis is true. The p-value basically measures how much doubt there is in the null hypothesis according to the sample data collected.
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Unformatted text preview: The larger the probability value the less we doubt the null hypothesis. Therefore the p-value gives us more detailed information about the null hypothesis, not simply is we can reject it....
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This note was uploaded on 03/26/2012 for the course STATISTIC GM533 taught by Professor Henry during the Fall '10 term at Keller Graduate School of Management.

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