Why is statistical significance not necessarily of practical important difference to a business decision? Statistics Statistical Inference Overview Statistical Significance 1 Answer VSH Dec 2, 2017 Attached Explanation: Answer link Related questions How do I properly interpret a p value? What is statistical significance? If a wholesaler sells to 500 stores and one store shows a 50% uptick in sales, how can the... A wholesaler sells goods to hundreds of retailers and knows both the sales of its own products... Is it possible to have a p value of 0.00? Can a p-value be greater than 1? Why or why not? How high can a p value be? How is p-value related to #alpha#? What are some examples when practical significance would outweigh statistical significance? What is the power of a statistical test? See all questions in Statistical Significance Impact of this question 4847 views around the world You can reuse this answer Creative Commons License