What's wrong with the following conclusion about a main effect where there are two factor levels: The
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Question:
What's wrong with the following conclusion about a main effect where there are two factor levels:
"The p-value is .12, and our best estimate of the lift is 3%."
Assume the significance level, alpha, is .05.
a. Without doing a pairwise comparison, we don't know the estimated lift
b. If the p-value is .12, then 12% is our best estimate of the lift
c. There is nothing wrong; it is a correct conclusion
d. The lift needs to be adjusted based on the power and sample size
e. We cannot assume lift is any different than zero in this case
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