Asked by Nicholas Felix on Jul 07, 2024

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There is an important difference between a significant result and a meaningful result.

Significant Result

A statistical outcome that indicates a low probability of observing the obtained findings by chance, suggesting the result is not due to random variation.

Meaningful Result

An outcome of statistical analysis that provides significant insight or implications, often influencing decision-making or hypothesis testing.

  • Distinguish between significant and meaningful results in statistical analysis.
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Brandon DicosimoJul 10, 2024
Final Answer :
True
Explanation :
A significant result means that the findings are statistically significant or unlikely to have occurred by chance. However, a meaningful result goes beyond just statistical significance and takes into account the practical or real-world significance of the findings. A result can be statistically significant but may not have any practical significance, which is why it is important to also consider whether the result is meaningful or not.