09 Nov Discussion: Statistical Significance
With reference to statistical analysis, what is meant by the expression statistically significant, and how can such information be used for effective decision-making? Answer question using citations from the following reference links below
Link to Reference on Statistics
https://learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com/5e017c6ea5a61/901239?X-Blackboard-Expiration=1636308000000&X-Blackboard-Signature=wCmlB3eVNfyIJ7XyMmqsXvQQKu%2FfqS5uENMqpa5rNMs%3D&X-Blackboard-Client-Id=304027&response-cache-control=private%2C%20max-age%3D21600&response-content-disposition=inline%3B%20filename%2A%3DUTF-8%27%27CNSL-673-DESCRIPTIVE%2520STATISTICS.pdf&response-content-type=application%2Fpdf&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20211107T120000Z&X-Amz-SignedHeaders=host&X-Amz-Expires=21600&X-Amz-Credential=AKIAZH6WM4PL5SJBSTP6%2F20211107%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=b30d61f193d92521f2eb63a6c7afcad310dcfefbec24196ced4a046a3f0c8666
2nd Reference
https://learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com/5e017c6ea5a61/1340747?X-Blackboard-Expiration=1636308000000&X-Blackboard-Signature=u4j%2BKMhNCmpRgg4FksNOZh2XuaynybcicjewvfiRXmI%3D&X-Blackboard-Client-Id=304027&response-cache-control=private%2C%20max-age%3D21600&response-content-disposition=inline%3B%20filename%2A%3DUTF-8%27%27CNSL-673-Zscore-Adapted-From%2520Gravetter%2520and%2520Wallnau.pdf&response-content-type=application%2Fpdf&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20211107T120000Z&X-Amz-SignedHeaders=host&X-Amz-Expires=21600&X-Amz-Credential=AKIAZH6WM4PL5SJBSTP6%2F20211107%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=ad1af5b39ada3005b0988a19ff07d598f3bf837a8467e6d9d81c54018b1d5313
3rd Refrence
https://learn-us-east-1-prod-fleet02-xythos.content.blackboardcdn.com/5e017c6ea5a61/1344976?X-Blackboard-Expiration=1636308000000&X-Blackboard-Signature=Yfv8H3Vw%2BiWdryEUaXTPJBcS5vfZNE%2B72wjrfQqFwr8%3D&X-Blackboard-Client-Id=304027&response-cache-control=private%2C%20max-age%3D21600&response-content-disposition=inline%3B%20filename%2A%3DUTF-8%27%27CNSL-673-t-test-Notes-Revised-Hassad-2018.pdf&response-content-type=application%2Fpdf&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20211107T120000Z&X-Amz-SignedHeaders=host&X-Amz-Expires=21600&X-Amz-Credential=AKIAZH6WM4PL5SJBSTP6%2F20211107%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=8d6f435000ac19212462f2e9f59e2d99dfbe164a311535a5eb01a9ee613f844b
