Statistical significance may be the most important concept you’ve never heard of. It takes more than knowing Mark Twain’s joke about statistics to know how to understand them. It’s easy to lie with statistics, after all. But it’s also not difficult to know when someone is lying with statistics.
Statistics work when you study a large enough segment of the population to be able to extrapolate with reasonable confidence of being accurate. Statistical significance is the key to measuring the quality of those statistics and the conclusions someone is making from them.








