What does the following result statment mean? The results from the two replicates were within 2% of each other. Further, n=2 produced a variance reduction of 40% and a power of 0.70. Therefore, there were not a lot of variances. I have sufficient resolution to meet my signal-to-noise ratio (which is sufficiently large). Therefore, doing an extra replicate doesn't provide me any difference in meeting my scientific objectives.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.1: Measures Of Center
Problem 9PPS
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What does the following result statment mean?

The results from the two replicates were within 2% of each other. Further, n=2 produced a variance reduction of 40% and a power of 0.70. Therefore, there were not a lot of variances. I have sufficient resolution to meet my signal-to-noise ratio (which is sufficiently large). Therefore, doing an extra replicate doesn't provide me any difference in meeting my scientific objectives.

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