Wiktionary
n. (context statistics English) A measure of the strength or magnitude of the effect of an independent variable on a dependent variable in an experiment or a quasi-experiment.
Wikipedia
In statistics, an effect size is a quantitative measure of the strength of a phenomenon. Examples of effect sizes are the correlation between two variables, the regression coefficient in a regression, the mean difference, or even the risk with which something happens, such as how many people survive after a heart attack for every one person that does not survive. For each type of effect-size, a larger absolute value always indicates a stronger effect. Effect sizes complement statistical hypothesis testing, and play an important role in power analyses, sample size planning, and in meta-analyses. They are the first item (magnitude) in the MAGIC criteria for evaluating the strength of a statistical claim.
Especially in meta-analysis, where the purpose is to combine multiple effect-sizes, the standard error (S.E.) of effect-size is of critical importance. The S.E. of effect-size is used to weight effect-sizes when combining studies, so that large studies are considered more important than small studies in the analysis. The S.E. of effect-size is calculated differently for each type of effect-size, but generally only requires knowing the study's sample size (N), or the number of observations in each group (ns).
Reporting effect sizes is considered good practice when presenting empirical research findings in many fields. The reporting of effect sizes facilitates the interpretation of the substantive, as opposed to the statistical, significance of a research result. Effect sizes are particularly prominent in social and medical research. Relative and absolute measures of effect size convey different information, and can be used complementarily. A prominent task force in the psychology research community expressed the following recommendation:
Usage examples of "effect size".
An examination of sixteen studies that they found to have adequate double-blind designs showed a relatively large effect size, with an overall significance of 1 in 10,000 for 2,139 patients.