![]() ![]() ![]() All the aspiring analysts should know about the P-Value and its purpose in data science. P-Value or Probability Value is a popular concept in the statistical world. read more to support or reject the null hypothesis. It confirms whether the primary hypothesis results derived were correct. P-Value is nothing but the probability value expressed in percentage value in hypothesis testing Hypothesis Testing Hypothesis Testing is the statistical tool that helps measure the probability of the correctness of the hypothesis result derived after performing the hypothesis on the sample data. P-value is used in Co-relation and regression analysis in excel which helps us to identify whether the result obtained is feasible or not and which data set from result to work with the value of P-value ranges from 0 to 1, there is no inbuilt method in excel to find out P-value of a given data set instead we use other functions such as Chi function. ![]()
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