Question: A field trial was conducted to evaluate a new seed treatment that was supposed to increase soybean yield. When a statistician analyzed the data, the

A field trial was conducted to evaluate a new seed treatment that was supposed to increase soybean yield. When a statistician analyzed the data, the statistician found that the mean yield from the treated seeds was 40 lb/acre greater than that from control plots planted with untreated seeds. However, the statistician declared the difference to be "not (statistically) significant." Proponents of the treatment objected strenuously to the statistician's statement, pointing out that, at current market prices, 40 lb/acre would bring a tidy sum, which would be highly significant to the farmer. How would you answer this objection?

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