Wednesday, August 5, 2020

Answer for Hypothesis Testing: Null Hypothesis and Alternative Hypothesis

https://365datascience.com/dwqa-answer/answer-for-hypothesis-testing-null-hypothesis-and-alternative-hypothesis-2/ -

Hi there,

The p-value shows the highest level of significance at which we can reject the null hypothesis.

If 2.4% is a level of significance which is good enough for you, then you can conclude that the pill is working.

Most often, we pick a significance level of 5% and compare the p-value with it. 

Best,

The 365 Team




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