Which of the following statements correctly indicates the relationship between statistical significance and practical significance?
A) If findings are statistically significant, they are also practically significant.
B) If findings are statistically significant, they indicate a possibility of practical significance.
C) If findings are statistically significant, they are not of practical significance.
D) If a difference is of practical significance, it will be statistically significant.

Question

Quizplus · Accepted Answer

Statistical significance indicates that the findings are unlikely to have occurred by chance, but practical significance refers to the actual impact or importance of the findings in real-world situations. Therefore, a statistically significant finding may or may not be practically significant, and further analysis is needed to determine the practical implications of the results.

Which of the Following Statements Correctly Indicates the Relationship Between