Statistical vs Practical Significance
Name: JR G.
Can a result be described as statistically significant
but not practically significant?
"Statistical significance" is a term that refers to some statistical
criterion, usually the numerical value of some formula or calculation.
"Practical significance" I assume means its utility, and that is in the eyes
of the beholder. What may be impractical to you or me may be very practical
to a mathematician or theoretical physicist.
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Update: June 2012