What does P 0.05 mean in Chi Square?
A p-value higher than 0.05 (> 0.05) is not statistically significant and indicates strong evidence for the null hypothesis. This means we retain the null hypothesis and reject the alternative hypothesis. You should note that you cannot accept the null hypothesis, we can only reject the null or fail to reject it.
How do you estimate the p value?
If your test statistic is positive, first find the probability that Z is greater than your test statistic (look up your test statistic on the Z-table, find its corresponding probability, and subtract it from one). Then double this result to get the p-value.
How do you find the p value in a chi square test in Excel?
Calculate the chi square p value Excel: Steps
- Step 1: Calculate your expected value.
- Step 2: Type your data into columns in Excel.
- Step 3: Click a blank cell anywhere on the worksheet and then click the “Insert Function” button on the toolbar.
- Step 4: Type “Chi” in the Search for a Function box and then click “Go.”
What p-value is statistically significant?
Most authors refer to statistically significant as P < 0.05 and statistically highly significant as P < 0.001 (less than one in a thousand chance of being wrong).
How do you use the P-value to reject the null hypothesis?
Set the significance level, , the probability of making a Type I error to be small — 0.01, 0.05, or 0.10. Compare the P-value to . If the P-value is less than (or equal to) , reject the null hypothesis in favor of the alternative hypothesis. If the P-value is greater than , do not reject the null hypothesis.
Is P-value 0.5 Significant?
Mathematical probabilities like p-values range from 0 (no chance) to 1 (absolute certainty). So 0.5 means a 50 per cent chance and 0.05 means a 5 per cent chance. If the p-value is under . 01, results are considered statistically significant and if it’s below .