Explan Like I'm 5
Imagine you have a coin. Someone tells you it's a fair coin, which means it has an equal chance of landing heads or tails. But you think it might be a trick coin that lands heads more often. How do you decide who's right?
- You make a guess (hypothesis). Your guess is: "This coin is a trick coin that favors heads."
- Before you start flipping the coin, you decide what will convince you. Maybe you say, "If I get heads 8 out of 10 times, I'll believe it's a trick coin." This is setting your criterion for decision.
- You flip the coin 10 times and count the heads.
- If you get 8 or more heads, you say, "I was right! It's a trick coin." If you get fewer than 8, you say, "I guess it's a fair coin."
In statistics, the process is a bit more complicated, but the idea is the same:
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Null Hypothesis : This is the "status quo" or the default statement we want to test. Using the coin example, the null hypothesis would be: "The coin is fair."
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Alternative Hypothesis or : This is what you want to prove. In the coin example, it would be: "The coin is not fair."
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Test Statistic: This is like the number of heads you get when you flip the coin. It's a number that helps you decide between the null and alternative hypotheses.
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P-value: This tells you how likely you are to see your test statistic (or something more extreme) if the null hypothesis is true. A small p-value (typically less than 0.05) means the evidence against the null hypothesis is strong.