Which of the following statements about practical significance is TRUE?
A) A small effect size can have practical significance when it is applied to a large population.
B) An effect can be clinically significant without being practically significant.
C) Smaller p-values for statistical tests indicate higher degrees of practical significance.
D) The term practical significance is misnamed; it really refers to how important a theory is.

Question

Quizplus · Accepted Answer

Practical significance refers to the real-world importance of an effect or result. A small effect size can be practically significant if it is applied to a large population and has meaningful implications in everyday life.

Which of the Following Statements About Practical Significance Is TRUE