Classical vs. P-Value

Classical vs. P- Value: a Hypothesis Test

Here are the results using the P- value. The P- value was found using Excel.

As you can see, the hypothesis is rejected as in the classical approach. The advantage of using this method is that a conclusion can be reached using P- value alone, without establishing a significance level.

Classical vs. P- Value: a Hypothesis Test

Here are the results using the P- value. The P- value was found using Excel. As you can see, the hypothesis is rejected as in the classical approach. The advantage of using this method is that a conclusion can be reached using P- value alone, without establishing a significance level.

Here are the results using the P- value. The P- value was found using Excel.

As you can see, the hypothesis is rejected as in the classical approach. The advantage of using this method is that a conclusion can be reached using P- value alone, without establishing a significance level.