08/08/2019
Hello again!
What is a p value?
P value means probability of an occurrence or an event.
A lot of times in statistics we would like to compare two events. Probability is used to find how many times the occurrence of the event is by chance. Generally the "level of confidence" is kept at 95%, meaning 95% of times, you would like to be sure of the event occurring at least 95% of times.
First, a "Null hypothesis or statement" is decided.
For example,
Drug A and Drug B have *no difference* in efficacy as an analgesic.
You record the Visual Analog Scale score from patients using the two drugs.
Say Drug A score is 20 and Drug B score is 24.
So you compare the two scores with Statistical tests (details we'll discuss later).
And you get a probability value of 0.023.
This means, the chance that the null hypothesis will be rejected if it is true is >95%. And we reject our null hypothesis.
Kindly note: you can always REJECT a null hypothesis. NOT ACCEPT THE OPPOSITE OF THE NULL HYPOTHESIS.