question archive Suppose a statistical study for a née weight loss supplement finds a p value of
Subject:StatisticsPrice: Bought3
Suppose a statistical study for a née weight loss supplement finds a p value of .002 which it claims meAnd its supplement is proven to work listed in the fine print at the bottom of the commercial the ad says the average weight loss was 0.4lbs with a standard deviation of 0.1lbs
if the supplement cost $44.99 a month would you recommend purchasing it
a. Yes the weight loss is both statistically significant and practical significant
b. No the weight loss is statistically significant but it may not be practically significant enough to justify the cost
c. No the weight loss is not statistically significant although it is practically significant
d. No the weight loss is not statistically significant nor it is it practically significant enough to justify the cost