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Statistical Significance and Practical Significance
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Keith Bower’s 3-min video discussing the difference between Statistical Significance and Practical Significance.
Key Concepts addressed:Details
Keith Bower’s 3-min video discussing the difference between Statistical Significance and Practical Significance. Impressively low p-values may not imply “practical” significance.
https://www.youtube.com/watch?v=4Rz1TAI3BKg
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