P-TEST
This statistical method is used to test one or more hypotheses in a population or a proportion within a population. When testing a hypothesis about a population proportion (p) within a large population (one in which the sample size, "n", is not greater than 5% of the overall population), the formula is:
x = (m/n-P) / SqRt[P(1-P)/n] m= "yes" response n = random sample size p = proportion P = population
This formula is used to test three hypotheses:
- p ≤ P
- p ≥ P
- p = P
The p-test statistic typically follows a standard normal distribution when large sample sizes are used, and researchers use Z-tests to determine whether a hypothesis passes based on a specific significance level will be rejected. The larger the p-value in the p-test, the more likely the hypothesis is true.
POPULAR TERMS
Peace Dividend
Subprime Meltdown
False Market
Worldwide Coverage
In the Pink
POPULAR ARTICLE
SEE FOREX TUTORIAL
Featured Investment: The American Depository Receipt
An Introduction to Forex Currencies
Introduction to Ethical Investing
Ethical Investing: Its Advantages and Disadvantages
Ethical Investing: Knowing Human Rights and Workers` Rights
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Jul | |
| 08:30 | Producer & Import Prices | Aug | |
| 11:01 | New Yuan Loans | Aug | |
| 14:30 | Consumer Price Index | Aug | |
| 14:30 | Consumer Price Index Core | Aug | |
| 14:30 | Common Core CPI | Aug | |
| 14:30 | Trimmed Core CPI | Aug | |
| 14:30 | Median Core CPI | Aug | |
| 14:30 | Manufacturing Shipments | Jul |


