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Author Question: Explain the difference between the statistical meaning of the word significant results' and the ... (Read 58 times)

darbym82

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on: Jul 24, 2018
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?


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yuyiding

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Reply #1 on: Jul 24, 2018
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

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Reply 2 on: Jul 24, 2018
Great answer, keep it coming :)

recede

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Reply 3 on: Yesterday
Excellent

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