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What does immaterial mean?
insignificant; unimportant
If it is statistically significant does that automatically mean it is managerially significant?
No, it is not.
What does probability mean statistically?
It is the likelihood of any particular event occurring.
What do indepedent variable mean?
Independent variable is the variable that you change in an experiment.
What do you mean by the term statistically valid?
The term statistically valid means a study is able to draw conclusions that are in agreement with statistical and scientific laws. This relies on mathematical and statistical laws.
What does justify your selection mean?
This statement means that you need to justify the choice of your selection. For example, if you choose a specific type of variable i.e., nominal, interval, etc. You need to show proof as to how you can statistically justify why you choose this particular variable. How can you justify the outcome of this type of variable chosen.
What does immaterial mean?
insignificant; unimportant
What does insignificant mean?
Not important; of little value
If it is statistically significant does that automatically mean it is managerially significant?
No, it is not.
What does trivial-mindedness mean?
Synonym: insignificant-intelligence
The variable you want to test?
Plant height and yielding ability are quantitative variables and can be tested statistically as purely due to genetic or environmental reasons.
What do insignificant mean?
of little importance, consequence or of negligable effects
Did a flowmaster improve gas mileage?
High performance exhausts can have a small, yet statistically insignificant, impact on fuel efficiency. They tend to be installed for a differenct exhaust sound or improved power, not improved fuel mileage.
What does probability mean statistically?
It is the likelihood of any particular event occurring.
You got 95 on your IQ test what does it mean?
Well, the average I.Q. is 100, so you're slightly below average. You would still be considered average, though. Deviations of ±5 on IQ scores are considered statistically insignificant, a retest could easily be higher as you might be more relaxed the second time.
How do you spell insignificant?
Insignificant is the correct spelling.
What does hardly mean?
Used to qualify a statement by saying that it is true to an insignificant
