Why Are Statistically Significant Differences Between Treatment and Non-Treatment Groups

question 4

Essay

Why are statistically significant differences between treatment and non-treatment groups not sufficient to show that a program is worth offering?

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Definitions:

Reasonably Possible

Describes a level of likelihood that something might occur, under consideration in areas like assessments of contingent liabilities.

U.S. GAAP

Generally Accepted Accounting Principles in the United States, a framework of accounting standards, principles, and procedures used in the compilation of financial statements.

IFRS

Stands for International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that aim to bring consistency to financial reporting around the world.

Probable

The likelihood or high chance of something happening or being the case, often used in contexts of forecasting or prediction.