Definitions for "Significant Difference" Add To Word List
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See statistical significance.
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a difference that makes a difference, my former statistical professor often said
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a Kaplan-Meier comparison is usually assessed by a log-rank test (which assumes proportional hazards)
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a lesser level of difference of charge type from Substantial Difference
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Mathematically, it is the difference between tests of two or more variables. The significance difference varies with the desired confidence level.
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A decision that an observed difference between two statistics probably did not occur by chance.
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In mathematical terms, a difference between tests of two or more variables, which is sufficient to indicate that a similar mailing will produce the same or similar differentiation. The significant difference varies with the confidence level desired. Most direct-mail penetration uses a 95-percent confidence level wherein 95 times out of 100 the results found in the test will come close to the results obtained by duplicating on a retest or combination.
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