A regression yields a tiny slope of 0.005 with p = 0.001 due to large n = 5000.
What is the best interpretation?
- A
Cannot be statistically significant
- B
Slope is huge
- C
Sample size is irrelevant
- Dcheck_circle
Statistically significant but possibly not practically meaningful
Explanation
Large samples can detect even very small effects as significant. Practical significance must be considered separately from statistical significance.