What does it mean to say that a particular result is statistically significant at the 0.05 level

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What does it mean to say that a particular result is statistically significant at the 0.05 level or at the 0.01level? Is a result that is statistically significant at the 0.05 level automatically also significant at the 0.01 level? --What about the reverse?

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Statistical Reasoning For Everyday Life

ISBN: 978-0134494043

5th Edition

Authors: Jeff Bennett, William Briggs, Mario Triola

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