Sunday, April 20, 2025 | 03:35 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Dump 'Statistical significance'

Critics argue that statistical significance can be misleading because it sets an arbitrary threshold on the level of uncertainty science should be willing to accept

A start-up is helping B-schools manage their placement process
Premium

Ariel Procaccia | Bloomberg
Did you know that gorging on dark chocolate accelerates weight loss? A study published in 2015 found that a group of subjects who followed a low-carbohydrate diet and ate a bar of dark chocolate daily lost more weight than a group that followed the same diet sans chocolate. This discovery was heralded in some quarters as a scientific breakthrough.

If you’re still hesitant about raiding the supermarket chocolate aisle, rest assured: The study’s results are statistically significant. In theory, this means that the results would be improbable if chocolate did not contribute to weight loss, and therefore we can conclude that

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in