This material may consist of step-by-step explanations on how to solve a problem or examples of proper writing, including the use of citations, references, bibliographies, and formatting. This material is made available for the sole purpose of studying and learning - misuse is strictly forbidden.P-value is a measure of statistical significance which suggests the probability of an event occurring due to chance alone; it ranges from 0 to 1. In statistical testing p-value is probability to quantify the strength to favor the alternative hypothesis (if it is true) against null hypothesis for the given data.1
The lower p-value is required when the null hypothesis is true. The null hypothesis is rejected if the p-value is less than the significance or α level. In particular, p values less than 0.05 are often reported as statistically significant. For example we want to compare a new medical treatment with a standard treatment, the control....