Advocates of Floating Rates Pointed Out That

question 29

Multiple Choice

Advocates of floating rates pointed out that

• A) removal of the obligation to peg currency values would restore monetary control to central banks.
• B) imposing of the obligation to peg currency values would restore monetary control to central banks.
• C) removing of the obligation to peg currency values would restore fiscal control.
• D) imposing of the obligation to peg currency values would restore fiscal control.
• E) imposing of the obligation to peg currency would restore monetary control to the consumer.

Know the assumptions and conditions specific to the sign test and the Wilcoxon tests, such as sample size requirements and data types.

Differentiate between the various nonparametric tests used for hypothesis testing, including their applications and limitations.

Understand and identify the scenarios where the Wilcoxon rank sum test and Wilcoxon signed rank sum test are appropriately applied.

Comprehend the calculation and interpretation of ranks in nonparametric tests.

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