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Weve published +100 Excel-tutorials on our blog. And the common errors Excel users encounter using this function. Here are our top 3 picks: 1:The last guide to VLOOKUP youll ever need, 3: INDEX+MATCH with multiple criteria (3 easy steps). resultTitle.innerHTML = "Significant result! When computing significances for Pearson correlation coefficients, this value is 2: degrees of freedom = n - 2. We have created a reference to Cell E1 as the Output Range in this very instance. So for this example, we can say that we have strong evidence in favor of the null hypothesis. A P-Value is a number between 0 and 1, but its simpler to think of it in terms of percentages, such as 5% for a P-Value of 0.05. Your significance level should balance the desire to be confident in your results with the practical effect of the decision you plan to make. )})% was lower than variant As conversion rate (${parseFloat( Shamim Reza. This means the p-value indicates that there is little evidence against the null hypothesis being invalid. This means if the test statistic is greater than 1.645, then the results of the hypothesis test are statistically significant. After tharkun's comments, I realized I should clarify some points: tails: Required.