What do you mean by "extremenly significant" ?
Hi,
I have a hard time in understanding this phrase "extremely significant". Attached snapshot of the the video where this phrase came. Can you please explain it in bit detail?
1 answers ( 0 marked as helpful)
Hi,
What is intended here is that you have a very high probability of rejecting the null hypothesis correctly, without committing an error with respect to the actual values that will be obtained.
Best,
Ned