Explain how a statistical significant relationship may not be practical for a management decision.

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Quantitative Analysis For Management

ISBN: 213168

12th Edition

Authors: Barry Render ,Ralph M. Stair ,Michael E. Hanna

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Question Posted: Feb 25, 2024 01:00 AM

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Explain how a statistical significant relationship may not be practical for a management decision.

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Statistical Significance vs Practical Significance Statistical significance refers to the likelihood that an observed relationship between two or more ...View the full answer

Quantitative Analysis For Management

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