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How can a result be described as statistically significant but not practically significant?
You buy a thousand lottery tickets (different numbers) and win nothing. That is statistically significant because the chances of that happening purely by chance are pretty slim. But if the lottery is operated properly, the result is not practically significant. There is nothing that can be done. Tough!
What is 1.004-.016?
1.004-.016 = 0.988
Change .016 to a fraction?
It is 2/125.
How do you write out in words .016?
0.016 = sixteen thousandths.
Change .016 to a reduced fraction?
2/125
Result being Statistically Significant or not statistically significant?
"Statistically significant" means that the result is beyond the element of chance.
What is a statistically significant result?
A result is statistically significant if:it is unlikely to have occurred by chance
If it is statistically significant does that automatically mean it is managerially significant?
No, it is not.
What is a statistically significant?
if it is unlikely to have happened by chance
Can paired means be statistically significant?
No. However, the difference between them can be.
How can a result be described as statistically significant but not practically significant?
You buy a thousand lottery tickets (different numbers) and win nothing. That is statistically significant because the chances of that happening purely by chance are pretty slim. But if the lottery is operated properly, the result is not practically significant. There is nothing that can be done. Tough!
What is statistically significant about n equals 30 sample size?
There is nothing particularly significant about a sample size of 30.
When was SPSS created?
The SPSS is a software package that was created and launched in 1968 by SPSS Inc. To manage and statistically analyse data from social science. IBM later purchased it in 2009. If you are looking for SPSS help, then you need to visit Silverlakeconsult and SPSS-tutor for the best services from their experts.
Is .031 statistically significant?
This question lacks the details to make any judgement.
Is it possible for the results of the study to be of practical importance even though they are not statistically significant?
Yes!
What values do scientists often use when evaluating data sets?
Those that are statistically significant.
What is 1.004-.016?
1.004-.016 = 0.988
