Significance: Significance refers to the importance, meaning, or relevance of something within a particular context or in relation to a specific purpose or understanding. In statistics, significance refers to the probability that an observed result is due to chance alone. A result is considered to be statistically significant if it is unlikely to occur by chance if the null hypothesis is true. See also Statistics, Chance, Probability, Differences, Meaning. _____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. |