When the Difference in the Location of Two Populations Is

question 153

Multiple Choice

When the difference in the location of two populations is to be compared based on observations from two independent samples, and the variable is measured on an ordinal scale, the can be used.

• A) binomial test
• B) Mann- Whitney U test
• C) Kolmogorov- Smirnov one- sample test
• D) runs test

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Definitions:

Duration

A financial metric that indicates the sensitivity of a bond's price to changes in interest rates, commonly measured in years.

Par-Value

Par-value is the legal capital per share, established for stocks and bonds, representing a minimal value below which shares cannot be issued.

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, often used to assess interest rate risk.