what does * mean in economics

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In economics, the “*” symbol is often used as an indicator of statistical significance. It is commonly seen in research papers, reports, and analyses to denote that a finding or result is statistically significant at a certain level.

Usage and Example

Here’s an example illustrating the use of “*” in economics:

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    The correlation between income and education level is significant at p < 0.05*.
  

In this example, "*" indicates statistical significance at the 0.05 level.

Data Analysis and Research

The "*" symbol is a key element in interpreting and reporting the results of statistical analyses and economic research.

Conclusion

The "*" symbol in economics serves as a marker for statistical significance, aiding in the accurate interpretation of research findings and their implications.

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