Which of the following two statements are correct? A) A statistically significan

Question

Which of the following two statements are correct?

A) A statistically significant result is always practically significant

B) A result that is not statistically significant is never of practical significance

C) It is possible that a statistically significant result is not of practical significance

D) It is possible that a result that is not statistically significant is of practical significance.

A hypothesis test with a statistically significant result indicates that the alternative hypothesis is correct.

A) True

B) False

Explanation / Answer

Statistically significant refer to the likelihood that the result or relationship is unlikely to be caused by mere chance. The statistical hypothesis testing is done in order to reject null hypothesis and supporting the alternative one. Keeping this basic cocept,

The statements corresponding B and C are TRUE.

The second statement is True.

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