Posted by jean on Wednesday, July 30, 2008 at 8:00pm.
The height of sucessful business leaders is correlated the level of their position, with those in higher positions having greater height. This is statistically significant. In other words, this relationship is very unlikely to be due to chance.
On the other hand, the differences between levels are merely fractions of an inch, with great overlap between adjacent groups. Because of this, it is very difficult to choose specific individuals to promote on the basis of height. Other variables — most likely also correlated to height — may be influencing this relationship. Thus the height alone would not be a good predictor for choosing an individual for an administrative position. It has little practical significance.
I hope you can relate this example to health care to give you a better understanding. Thanks for asking.
Related Questions
Statistical Application - What are the major differences between practical and ...
Statistics - What are the major differences between pratical and statistical ...
Statistics - What are the major differences between pratical and statistical ...
Statistics - What are the major differences between pratical and statistical ...
statistics - Provide three examples of when practical significance outweighs ...
statistics - Give one example of when practical significance would outweigh ...
Health care - what is the relationship between levels of confidence and ...
health care - what is the relationship between levels of confidence and ...
Statistics - Two ways in which practical statistics outweighs statistical ...
statistics in health care - If a researcher were studying the effects of a ...
For Further Reading