Which of the Following Descriptions Best Explains Non-Parametric Tests

question 11

Multiple Choice

Which of the following descriptions best explains non-parametric tests?

• A) Assumption-free
• B) More likely to protect against Type II error
• C) Robust
• D) Normally distributed

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Definitions:

Guaranteeing Payment

The act of promising to fulfill the payment obligations of another party if they fail to pay as agreed.

Holder

An individual or entity that legally possesses a financial instrument, such as a check, bond, or stock certificate.

Transfer

The act of moving or conveying something from one person, place, or situation to another.

Note

A note is a brief record of facts, topics, or thoughts, written down as an aid to memory.