Match the Parametric Test with Its Related Nonparametric Test $F$ Test)
A) Rank Correlation Test
B) Wilcoxon Rank-Sum Test
C)

question 131

Multiple Choice

Match the parametric test with its related nonparametric test.
Analysis of variance ( $F$ test)

• A) rank correlation test
• B) Wilcoxon rank-sum test
• C) Kruskal-Wallis test
• D) sign test

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Definitions:

Utility Function

A mathematical representation in economics that quantifies the satisfaction or happiness derived by a consumer from consuming goods and services.

Substitution Effect

The economic principle that as the price of a good rises, consumers will replace it with cheaper alternatives.

Income

The financial gain received by an individual or entity, typically through wages, investments, or business operations.

Price

The fiscal amount presumed, asked for, or remunerated in return for an item.