What is the p-value and how is it interpreted? That's exactly what you'll learn in this video!

The p-value tells us:
How likely it is to draw a sample that deviates from the population by the same amount or more than the observed value.

We have a sample that deviates from the population. We are now interested in how likely it is in the first place to draw a sample that deviates from the population by the same amount as our sample or more.

p-value tutorial:
https://datatab.net/tutorial/p-value

p-value calculator:
https://datatab.net/statistics-calcul...

00:07 Example for the p-value
01:53 What does the p-value mean?
04:35 What is the significance level?
05:31 What is the type 1 and type 2 error?
06:42 Calculate p-value online.