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Statistical significance is a characteristic of a statistic viewed in light of a null hypothesis and a given significance level. It reflects whether the statistic belongs to the rejection region (is statistically significant) or the acceptance region (is not statistically significant).

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Correct expression of confidence level

A very basic question: when noting the statistical significance of fitting some model, does one report that results are significant at the 95 percent confidence level, or at 0.05 significance?
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