Exact statistics, such as that described in exact test, is a branch of statistics that was developed to provide more accurate results pertaining to statistical testing and interval estimation by eliminating procedures based on asymptotic and approximate statistical methods. The main characteristic of exact methods is that statistical tests and confidence intervals are based on exact probability statements that are valid for any sample size.
Exact statistics, such as that described in exact test, is a branch of statistics that was developed to provide more accurate results pertaining to statistical testing and interval estimation by eliminating procedures based on asymptotic and approximate statistical methods. The main characteristic of exact methods is that statistical tests and confidence intervals are based on exact probability statements that are valid for any sample size.
Source: Wikipedia "Exact statistics" · CC BY-SA 4.0
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