P-Values and Random Fluctuations


(Richard Millington) #1
Originally published at: <strong>https://www.feverbee.com/randomfluctuations/</strong><br><br>In statistics, the p-value is the probability of seeing the same (or more extreme) outcome by chance.

For example, I might claim I have a lucky coin always lands on heads. If I flip the coin twice and it lands on heads both times, does this prove my theory?

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