Get a clear, concise explanation of the p-value concept and its interpretation in statistical hypothesis testing.
Task: Explain the concept of a p-value in statistical hypothesis testing. Context: Assume the audience is a beginner in statistics. Constraints: - Keep the explanation concise and easy to understand. - Avoid complex jargon where possible. - Focus on what it represents and how it's interpreted. Output Goals: The explanation should help a non-statistician grasp the basic meaning of a p-value.
Generate a detailed framework for designing a rigorous hypothesis test, including null/alternative hypotheses, statistical test selection, and power analysis.
Validate A/B test results with rigorous statistical hypothesis testing, ensuring reliable conclusions.
Explain the meaning and implications of a given p-value in the context of a hypothesis test.
