One Minute Economics: Statistical Significance, the Null Hypothesis and P-Values Defined & Explained in One Minute

  • Tuesday, 13 February 2018 08:47
We shouldn't accept the conclusions of let's say a study before also thinking about whether or not the findings are statistically significant. Statistical significance may seem like a prohibitively complex term but in reality, determining whether or not findings are statistically significant isn't that difficult. As we're about to find out, it's ultimately all a matter of accepting or rejecting the null hypothesis we start with and calculating p-values. And fortunately, calculating p-values won't be something you have to do by hand :) If you'd like to follow me on social media, use one of the links below: https://www.facebook.com/oneminuteeconomics https://twitter.com/andreipolgar https://ro.linkedin.com/in/andrei-polgar-9a11a561

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