Which of the Following Nonparametric Tests Is Used to Determine

question 40

Multiple Choice

Which of the following nonparametric tests is used to determine if scores from a sample came from a specified population?

• A)Mann-Whitney U
• B)Fisher's exact
• C)Kolmogorov-Smirnov
• D)Spearman rank

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Definitions:

Unused Capacity

Refers to the available production or service facility space that is not currently being used to generate revenue or produce goods.

Sunk Cost

A cost that has already been incurred and cannot be recovered, which should not influence future business decisions.

Accumulated Depreciation

The total depreciation expense allocated for a tangible asset over its usage period, reducing its book value.

Replacement Equipment

Items purchased to replace older assets within a business, ensuring operational efficiency and continuity.