What Is Fisher's Exact Test

question 6

Multiple Choice

What is Fisher's exact test?

• A)A test of the significance of human error in categorical data sets
• B)A test to overcome the problem of large sample sizes
• C)A method of computing the exact probability of the chi-square statistic that is accurate when sample sizes are large
• D)A method for computing the exact probability of the chi-square statistic that is accurate when sample sizes are small

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Definitions:

Routine Problem Solving

A consumer decision-making process used for purchasing frequently bought, low-cost items that requires minimal search and decision effort.

Stimulus Discrimination

The ability of an individual to differentiate between similar stimuli and respond to them differently.

Selective Retention

The psychological process by which individuals remember information that is consistent with their beliefs and attitudes while forgetting or ignoring contradictory information.

Routine Problem Solving

The use of simple, habitual decision-making strategies in buying situations that are familiar and not considered to be of high importance.