Explain the difference between the statistical meaning of the ...

[darbym82]

Explain the difference between the statistical meaning of the word significant results' and the regular conversational meaning of the word significant results.'

Question 2

What two pieces of information do you get from a confidence interval that can help you evaluate whether or not statistically results are really important to you?

[yuyiding]

Answer to Question 1

THE CONVERSATIONAL MEANING IMPLIES PRACTICAL IMPORTANCE, WHILE THE STATISTICAL MEANING MAY NOT; IT ONLY INTERPRETS THE SIZE OF THE P-VALUE.

Answer to Question 2

1) THE MAGNITUDE OF THE EFFECT (WHAT ITS ACTUAL VALUE IS ESTIMATED TO BE); AND 2) HOW MUCH UNCERTAINTY THERE WAS IN THE RESULTS, MEASURED BY THE WIDTH OR BY THE MARGIN OF ERROR.

[darbym82]

Thanks for the timely response, appreciate it

[scottmt]

Wow, this really help