The level of chance or risk that you were willing to take is expressed as... Select one A significance level
A result has statistical significance in statistical hypothesis testing when it is extremely unlikely to have occurred given the null hypothesis.
"Statistical significance helps quantify whether a result is likely to be due to chance or to some factor of interest," Redman explains. When a finding is significant, it simply means that you can be confident that it is real, rather than that you were lucky (or unlucky) in selecting the sample.
The claim that a result from data generated by testing or experimentation is likely to be attributable to a specific cause is referred to as statistical significance. A high level of statistical significance indicates that the observed relationship is unlikely to be coincidental.
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