A statistical difference is important from a manager's viewpoint only if the difference is
"sufficiently different."

Name: A statistical difference is important from a manager's viewpoint only if the difference is "sufficiently different."
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Question

Quizplus · Accepted Answer

A statistical difference may not be practically or economically significant for the manager if it is too small, so it needs to be "sufficiently different" or relevant to their decision-making context.

A Statistical Difference Is Important from a Manager's Viewpoint Only