The T-Test Is Not Appropriate for Ordinal Data or If

question 65

True/False

The t-test is not appropriate for ordinal data or if the populations examined are not believed to be approximately normally distributed and other methods such as the Wilcoxon test can be used.

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Definitions:

Cash Flow

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Applicant's Character

The assessment of an individual's moral and ethical qualities, often evaluated during the hiring or loan application processes.

Lender

An individual, institution, or entity that provides funds to another with the expectation that the funds will be repaid, typically with interest.

Five C's

A set of critical criteria used in credit analysis, typically referring to character, capacity, capital, collateral, and conditions.