When testing a new​ treatment, what is the difference between statistical significance and practical​ significance? Can a treatment have statistical​ significance, but not practical​ significance? Choose the correct answer below. A. Statistical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use. Practical significance is achieved when the result is very unlikely to occur by chance. It is possible for a treatment to have statistical​ significance, but not practical significance. B. Statistical significance is achieved when the result is very unlikely to occur by chance. Practical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use. It is not possible for a treatment to have statistical​ significance, but not practical significance. C. Statistical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use. Practical significance is achieved when the result is very unlikely to occur by chance. It is not possible for a treatment to have statistical​ significance, but not practical significance. D. Statistical significance is achieved when the result is very unlikely to occur by chance. Practical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use. It is possible for a treatment to have statistical​ significance, but not practical significance.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.5: Counting Principles
Problem 3SE: Answer the following questions. 3. When given two separate events, how do we know whether to apply...
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When testing a new​ treatment, what is the difference between statistical significance and practical​ significance? Can a treatment have statistical​ significance, but not practical​ significance?
 
Choose the correct answer below.
 
A.
Statistical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use. Practical significance is achieved when the result is very unlikely to occur by chance. It is possible for a treatment to have statistical​ significance, but not practical significance.
 
B.
Statistical significance is achieved when the result is very unlikely to occur by chance. Practical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use. It is not possible for a treatment to have statistical​ significance, but not practical significance.
 
C.
Statistical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use. Practical significance is achieved when the result is very unlikely to occur by chance. It is not possible for a treatment to have statistical​ significance, but not practical significance.
 
D.
Statistical significance is achieved when the result is very unlikely to occur by chance. Practical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use. It is possible for a treatment to have statistical​ significance, but not practical significance.
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