Home > Terms > Macedonian (MK) > статистичко значење
статистичко значење
There are lies, damned lies and statistics, said Benjamin Disraeli, a British prime minister. Certainly, even if the result of number crunching is statistically significant, it does not actually mean it is true. But it does mean it is much more likely to be true than false. Statistical significance means that the probability of getting that result by chance is low. The most commonly used measure of statistical significance is that there must be a 95% chance that the result is right and only a 1 in 20 chance of the result occurring randomly.
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: Economics
- Company: The Economist
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
езеро Њаса
An African Great Lake and the southernmost lake in the Great Rift Valley system of East Africa. This lake,('''the third largest in Africa and the ...
Contributor
Featured blossaries
marija.horvat
0
Terms
21
Blossaries
2
Followers
The worst epidemics in history
paul01234
0
Terms
51
Blossaries
1
Followers
Role Play Games (RPG)
Browers Terms By Category
- Ballroom(285)
- Belly dance(108)
- Cheerleading(101)
- Choreography(79)
- Historical dance(53)
- African-American(50)
Dance(760) Terms
- Conferences(3667)
- Event planning(177)
- Exhibition(1)
Convention(3845) Terms
- Body language(129)
- Corporate communications(66)
- Oral communication(29)
- Technical writing(13)
- Postal communication(8)
- Written communication(6)
Communication(251) Terms
- Project management(431)
- Mergers & acquisitions(316)
- Human resources(287)
- Relocation(217)
- Marketing(207)
- Event planning(177)