Examlex
According to a Department of Labor report,the city of Detroit had a 20% unemployment rate in May of 2011.Eight working-age residents were chosen at random.What is the probability that exactly four residents were unemployed?
Significance Level
The risk set by the researcher for rejecting a null hypothesis when it is true.
Obtained Value
The value that results from the application of a statistical test.
Fisher's Exact Test
A statistical significance test used for small sample sizes, analyzing the association between two categorical variables.
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