Effect size statistics are all the rage these days.

Journal editors are demanding them. Committees won’t pass dissertations without them.

But the reason to compute them is not just that someone wants them — they can truly help you understand your data analysis.

**What Is an Effect Size Statistic?**

*“… information about the magnitude and direction of the **difference between two groups or the relationship between two **variables.**”*

– Joseph A. Durlak, “How to Select, Calculate, and Interpret Effect Sizes”

If you think about it, many familiar statistics fit this description. Regression coefficients give information about the magnitude and direction of the relationship between two variables. So do correlation coefficients. [Read more…] about Two Types of Effect Size Statistic: Standardized and Unstandardized