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Fisher's exact test determines the significance of a nonrandom relationship between two categorical variables in a two-by-two contingency table.
Unlike the chi-square test, which approximates the probability of observed outcomes, Fisher's test yields an exact P-value.
It helps analyze unequally distributed data with small sample sizes, especially for expected frequency values of less than five.
Despite its computational demands, Fisher's exact test ensures precision and integrity in result interpretation.
Researchers apply this test in various fields, including medicine, to compare the effectiveness or safety of treatments.
For example, it is used to compare the efficacy of drugs A and B, where the accurate P-value determines whether the differences in the success rate between the drugs are statistically significant.
The small P-value calculated implies that the difference between drug efficacy for the drugs is statistically significant.
Fisher's exact test is a statistical significance test widely used to analyze 2x2 contingency tables, particularly in situations where sample sizes ar…
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