Statistical Techniques Based on Assumptions About the Population from Which

question 40

Multiple Choice

Statistical techniques based on assumptions about the population from which the sample data are selected are called _______.

• A)population statistics
• B)parametric statistics
• C)nonparametric statistics
• D)chi-square statistics
• E)correlation statistics

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Definitions:

Income Ratio

A financial metric that compares different aspects of an entity's income, showing the relationship between two or more income-related figures.

Capital Balance

The amount of money that a company has in its accounts, representing the capital owned by the investors or owners.

Capital Balances

The amounts of money that the partners or owners of a business have contributed to the business or have accumulated over time.

Income Ratio

The Income Ratio is a financial metric used to assess a company's profitability by comparing its income to a particular base, such as revenue or assets.