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What's a P-value?

Here, we talk about an important tool in statistics and in science, a p-value (or P value). A p-value is useful when comparing experimental data to the prediction of a null hypothesis, but is often misunderstood or used incorrectly. Here, we define a p-value and do a simple example which involves flipping a coin. We also talk about several misconceptions that people commonly have about p-values. Links mentioned in the video: Discoveries in Particle Physics playlist:    • Five Sigma:  The Standard for Discovery in...   Binomial Statistics Playlist:    • Why the Binomial Distribution is Important   Bayesian Playlist:    • Introduction to Bayes' Theorem