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Explain what it means conceptually when we find that a correlation — or any other statistic...

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Basic Math

Explain what it means conceptually when we find that acorrelation — or any other statistic that is testing a hypothesis —is significant. Refer to type I error, alpha, and confidencelevel.

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Statistical Significance When any experiment or research is done statistical significance tests are done to check whether the result from data generated is not likely to occur randomly or by any chance In order to determine the characteristics of population we see the sample data and find how precise our estimate is The size of our sample dictates the amount of information we have and therefore in part determines our precision or level of confidence that we have in    See Answer
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