A large company wanted to know how the average salary of their employees had changed over the last year. The results of their study had a p-value of .12 and showed that the average salary had increased by $1,500 from $20,000 to $21,500. What should we conclude about the results of this study?
Select one:
The results were statistically significant but not practically significant.
The results were practically significant but not statistically significant.
The results were both statistically significant and practically significant.
The results were neither statistically significant nor practically significant.