00:01
So to answer the first part of this question, what we need to do is to define our null hypothesis and its alternative.
00:07
So in this case, we are saying the difference between p1 and p2 is actually equal to zero.
00:13
And whatever the null hypothesis is saying, its alternative would be the opposite.
00:17
In other ways, we are saying this difference is not equal to zero.
00:22
So for us to validate this null hypothesis, we need to determine a p value.
00:26
We use a p value because we can compare it against the signal.
00:30
Significance level.
00:31
And the difference between these two parameters is what is then going to help us determine if we should accept or reject the null hypothesis.
00:38
In this case, we can use a z statistic to determine the p value.
00:42
And in this case, our z is going to be equal to 2 .33...