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
Bank Restriction Act of 1797
Worldwide Coverage
Third-Party Verification - TPV
Bullish Abandoned Baby
Confluence
POPULAR ARTICLE
SEE FOREX TUTORIAL
An Introduction to Insurance
Macroeconomics: Basic Concepts
Renovate or Move?
An Introduction to MetaTrader 4 and MetaTrader 5
So You Want A Job in Financial Careers: A Guide
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Nov | |
| 02:30 | Company Operating Profits | 3 quarter | |
| 02:30 | ANZ Jobs Advertisements | Nov | |
| 03:45 | Markit Final Manufacturing PMI | Nov | |
| 07:30 | Commodity Prices | Nov | |
| 09:30 | Retail Sales | Oct | |
| 10:15 | PMI Manufacturing | Nov | |
| 10:45 | PMI Manufacturing | Nov | |
| 10:50 | PMI Manufacturing | Nov |


