- Definition: A p-value, or probability value, is a number describing the likelihood of obtaining the observed data under the null hypothesis of a statistical test, \(H_0\)
- Intuition: A statistical measure used to determine that an observed outcome is the result of chance
- Right-tailed definition: \[ p \;=\; \Pr(T \ge t_{\text{obs}} \mid H_0) \]
- Smaller \(p\) ⇒ stronger evidence against \(H_0\)