A statistically significant result will always have important practical implications.

Question

Quizplus · Accepted Answer

A statistically significant result indicates that it is unlikely to have occurred by chance, but it does not necessarily mean that the results have practical significance or real-world importance. It is possible to have a result that is statistically significant but has minimal practical implications. Therefore, statistically significant results should always be evaluated in terms of their practical significance, not just their statistical significance.

A Statistically Significant Result Will Always Have Important Practical Implications