Economy, asked by bachanipooja9, 5 months ago

short note on significance of statistical information​

Answers

Answered by aneekisgenoius
2

Answer:

Statistical knowledge helps you use the proper methods to collect the data, employ the correct analyses, and effectively present the results. Statistics is a crucial process behind how we make discoveries in science, make decisions based on data, and make predictions.

Answered by girlreacting
1

Explanation:

The level at which one can accept whether an event is statistically significant is known as the significance level. Researchers use a test statistic known as the p-value to determine statistical significance: if the p-value falls below the significance level, then the result is statistically significant.May 15, 2020

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