Statistical significance
Risk & psychologyWhether an observed result is unlikely to have arisen by chance alone.
In plain terms
Three good years is roughly a hundred decisions — nowhere near enough to mean anything.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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Whether an observed result is unlikely to have arisen by chance alone.
Three good years is roughly a hundred decisions — nowhere near enough to mean anything.