Learn about z-test and p-value in statistics with detailed examples and Python code. Understand how they apply to Machine Learning and Deep Learning for model evaluation. What is a P-Value? The p-value is a probability that measures the strength of the evidence against the null hypothesis. Specifically, it is the probability of observing a test statistic (like the z-score) at least as extreme as the one computed from your sample, assuming that the null hypothesis is true. A smaller p-value indicates stronger evidence against the null hypothesis. Common thresholds to reject the null hypothesis are: p < 0.05: statistically significant p < 0.01: highly significant Python Example of Z-Test Let’s assume we want to test whether the mean of a sample differs from a known population mean: import numpy as np from scipy import stats # Sample data sample = [2.9, 3.0, 2.5, 3.2, 3.8, 3.5] mu = 3.0 # Population mean sigma = 0.5 # Population std dev...
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