A researcher finds that the correlation coefficient between two variables is 0.20. She wants to know if this level of correlation is meaningful from a managerial perspective or not. She is interested in determining the _____ of her results.
A)statistical significance
B)determination significance
C)linearity significance
D)substantive significance
E)absolute significance

Question

Quizplus · Accepted Answer

Substantive significance refers to whether the level of correlation has practical or meaningful implications for decision-making. A correlation coefficient of 0.20 is relatively weak, so it is important to determine if it has any real-world implications before making decisions based on the relationship between the two variables.

A Researcher Finds That the Correlation Coefficient Between Two Variables