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Posted on March 9, 2018 at 3:30am 4 Comments 1 Like
P – Value
In this blog we will discuss the important functionality of p – value in statistical experiments. Why p – value is the deciding factor for accepting or rejecting a hypothesis we develop before any experiment.
Problem Statement:
You have launched a product (e.g. a phone) in the market. And you get customer feedback that the phone has over heating problem. As the phone is already launched in the market…
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