Answer the following questions about statistical significance and practical importance: a. Which is more appropriate to the

Question:

Answer the following questions about statistical significance and practical importance:
a. Which is more appropriate to the issue of statistical significance: p-value or confidence interval?
b. Which is more appropriate to the issue of practical importance: p-value or confidence interval?
c. Explain the distinction between statistical significance and practical importance.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Introduction To Statistical Investigations

ISBN: 9781118172148

1st Edition

Authors: Beth L.Chance, George W.Cobb, Allan J.Rossman Nathan Tintle, Todd Swanson Soma Roy

Question Posted: