When a relationship or value from a sample is so strong that we decide to rule out chance as an explanation for its magnitude, what does this mean?
A)The observed result is statistically significant.
B)We conclude that the observed result carries over to the population, and cannot be explained away by chance.
C)We could have been unlucky with our sample, and come to the wrong conclusion, but that chance is small.
D)All of the above.

Question

Quizplus · Accepted Answer

When a relationship or value from a sample is so strong that we decide to rule out chance as an explanation for its magnitude, it means the result is statistically significant, we conclude that the observed result carries over to the population and cannot be explained away by chance, and acknowledge that while there's a small chance we could have been unlucky with our sample, that chance is small. All these points together reflect a comprehensive understanding of statistical significance.

When a Relationship or Value from a Sample Is So