اردو/हिंदी  Statistical Significance vs Practical Significance (URDU/HINDI)
Channel: Zahid Asghar
Date: 2021-05-16

In this video I have discussed one very important concept which is important to understand for all those who work with data and have to draw some meaningful results from it. Many a times, rather I say most of the times in research journals and in other cases, results based on models or tests are statistical significant and very strong conclusions are drawn. Are statistically significant results also carry practical/economic significant? This is important to understand.