Power is defined as the probability of correctly rejecting a false null hypothesis. For example, it can be the probability that given there is a difference between the population means of the new meth...Power is defined as the probability of correctly rejecting a false null hypothesis. For example, it can be the probability that given there is a difference between the population means of the new method and the standard method, the sample means will be significantly different. It is very important to consider power while designing an experiment. You should avoid spending a lot of time and/or money on an experiment that has little chance of finding a significant effect.