What is more important statistical or practical significance? Why?© BrainMass Inc. brainmass.com December 20, 2018, 9:59 am ad1c9bdddf
Context would be a major factor in addressing this question.
Both statistical and practical significance carry their distinct importance and sometimes, one can be used to support the other. However, their individual importance would depend on the context of the situation such the goals or nature of the study.
If an individual is looking at the results of a large, randomised study and detects a pattern or correlation in the sample that is beyond the reasonable doubt of "chance," this is where the statistical significance can be of ...
The expert determines what is more important statistical or practical significance.