If the result of a study is deemed statistically significant, it has practical significance and thus real-world application.

Name: If the result of a study is deemed statistically significant, it has practical significance and thus real-world application.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Statistical significance does not necessarily imply practical significance; a result can be statistically significant without having meaningful real-world application due to small effect sizes or other factors.

If the Result of a Study Is Deemed Statistically Significant