Simulating Probability in R: The Classic Monty Hall Problem
Introduction Over the course of this post, we’re going to learn about using simulation to understand probability and we’ll use the classic example of the Monty Hall gameshow problem. Monty Hall had a gameshow back in the day, where he showcased the following problem. If you’re not familiar with him or they game it was …
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Statistical Significance Versus Random Chance: The Intuitive Explanation of P-value
Introduction Welcome to this lesson on calculating p-values. Before we jump into how to calculate a p-value, it’s important to think about what the p-value is really for. Hypothesis Testing Refresher Without going into too much detail for this post, when establishing a hypothesis test, you will determine a null hypothesis. Your null hypothesis represents …
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