Which of the following is correct about tests of hypotheses?   Question 11 options:   If we take a large enough random sample, any effect (however small) will be deemed statistically significant.    The measure of statistical significance (a P- value) depends heavily on the sample size.    Practical significance is not the same thing as statistical significance.   If the consequences of rejecting the null hypothesis are very serious, we should conduct the test using a very small level of significance.    All the statements above are true.

MATLAB: An Introduction with Applications
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Which of the following is correct about tests of hypotheses?

 

Question 11 options:

 

If we take a large enough random sample, any effect (however small) will be deemed statistically significant. 

 

The measure of statistical significance (a P- value) depends heavily on the sample size

 

Practical significance is not the same thing as statistical significance.

 

If the consequences of rejecting the null hypothesis are very serious, we should conduct the test using a very small level of significance. 

 

All the statements above are true.

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