Classical vs. P- Value: a Hypothesis Test
To demonstrate the difference between the classical test of significance and a test using the P- value, we'll examine a scenario involving an experimental drug which claims to lower the heart rate to 35 beats per minute. A test involving 45 randomly sampled patients yields a mean of 33.6 beats per minute.
We have found very strong evidence that the drug actually lowers the heart rate below 35 beats per minute. What would a test using P- value yield?