Hypothesis Testing: Step-by-Step Guide with P-Value and T-Test for Two Means

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". https://youtu.be/eyknGvncKLw The same data is analysed in "Two means t-test in Excel" https://youtu.be/t2ryZyytW5w To find out what it means for a result to be statistically significant see Understanding Statistical Significance: https://youtu.be/pwBW1aWic_Y For explanation about paired data see: https://youtu.be/-6vDjGR41YM And for analysis of paired data see: https://youtu.be/t2ryZyytW5w See https://creativemaths.net/videos/ for all of Dr Nic's videos organised by topic. #DrNicStats #Statistics