Statistical significance: Difference between revisions
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imported>Doug Williamson m (Spacing 20/8/13) |
imported>Doug Williamson (Categorise page.) |
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== See also == | == See also == | ||
* [[Significance testing]] | * [[Significance testing]] | ||
[[Category:Long_term_funding]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Risk_frameworks]] | |||
Revision as of 09:22, 9 November 2013
A measure of the likelihood that observed statistical data under review might have arisen randomly (rather than as a result of the proposed statistical relationship).
If the data under review are NOT statistically significant, then they should not normally be used as a basis for important decisions.
It is less likely, for example, that a very small sample of data would produce a statistically significant result.
