practical significance and statistical significance

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a) What is the distinction
between practical significance and statistical significance?

b) Under what types of circumstances might one be more important than the other to the interpretation of research results?

c) Please provide some specific examples (real or hypothetical) to support your (writer) answer.

Cooper, D. & Schindler, P. 2014. Business Research Methods, 12th ed. McGraw-Hill, New York, United States.

chapter 17 Hypothesis Testing

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