Definition of Statistically significant:
Set of data large enough to represent the phenomenon or population being studied. By convention, a finding is called statistically significant if the probability of its occurrence purely by chance is less than 1 in 20 (five percent). See also statistical significance.
How to use Statistically significant in a sentence?
- We presented the statistically significant data that was meaningful to the senior financial analyst who then presented it to management.
- Though the experimenters concluded that the difference in outcome of the placebo and experimental group was statistically significant , further analysis suggests that it may merely be due to sampling error.
- We thought he had some statistically significant numbers that we could not ignore and we had to find a way to trade for him.
Meaning of Statistically significant & Statistically significant Definition