Which of the Following Is Not an Advantage of Nonparametric

question 34

Multiple Choice

Which of the following is not an advantage of nonparametric methods over parametric methods?

• A) They can be used to test population parameters when the variable is not normally distributed.
• B) They can be used to test hypotheses that do not involve population parameters.
• C) They can be used when the data are nominal or ordinal.
• D) They can use smaller sample sizes to give the same amount of information as their parametric counterparts.

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Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or within the operating cycle of a business.

Fixed Asset Accounts

Accounts that track the purchase, depreciation, and disposal of long-term assets owned by a company.

Office Equipment

Assets like desks, chairs, computers, and printers that are necessary for the operation of an office but are not directly involved in the production process.

Delivery Equipment

Vehicles and other assets used by a business specifically for the purpose of transporting goods to customers.