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This entertaining video works step-by-step through a hypothesis test, using the difference of two means as an example. Helen wishes to know whether giving away free stickers will increase her chocolate sales.
There are five steps:
0:25 Hypotheses
1:27 Significance Level
1:47 Sample
1:54 p-value
2:00 Decide
This is a companion video for "Understanding the p-value". • P-value in statistics:...
The same data is analysed in "Two means t-test in Excel" • Two means t-test in Ex...
To find out what it means for a result to be statistically significant see Understanding Statistical Significance: • Understanding Statisti...
For explanation about paired data see: • Paired samples and ind...
And for analysis of paired data see: • Two means t-test in Ex...
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