05:16 - 06:58
1m 42s
Explains why the type of error matters in statistics.
Video Transcript
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Shows how effect size demonstrates differences between groups.
Provides an example of when the p-value can be used.
How sample size can be used to increase statistical power.
Offers an example of when a p-value's importance is questionable.
Explains how rejecting the null hypothesis still does not explain the alternative.