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Results tagged with statistical-significance
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user 36471
Statistical significance is a characteristic of a statistic viewed in light of a null hypothesis and a given significance level. It reflects whether the statistic belongs to the rejection region (is statistically significant) or the acceptance region (is not statistically significant).
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Hypothesis testing: Multiple Coin toss trials
So, I know how to calculate the probability that (say for number of coins=1000, what probability I'd expect to get 520 heads (say):
(1/2)^520 * (1/2)^480 * (1000!/(520!480!))
and obviously to get the …
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