P-Value method for hypothesis testing

Besides listing an alpha value, many computer statistical packages gives a P-value for hypothesis testing

P-Value ( probability value) - is the actual area under the standard normal distribution curve representing the probability of a particular sample statistic or a more extreme sample statistic occurring if the null hypothesis is true.

Steps in Solving Hypothesis Testing Problems (P-Value Method)
1. State the hypotheses and identify the claim
2. Compute the test value
3. Find the P-Value
4. Make the decision
5. Summarize the Results.



D.Bertiz