P-Value

• P-value defines the confidence of a statistical hypothesis
• If p-value is less than predefined Statistical Significance, then we can reject the Null Hypothesis
• Else, we Fail to Reject the Null Hypothesis
• There are 3 types of p-value:
  1. Left-tailed p-value
  2. Right-tailed p-value
  3. Two-tailed p-value