Nonparametric Tests Are Useful When

question 40

Multiple Choice

Nonparametric tests are useful when:

• A)the researcher cannot assume normality.
• B)there is a small number of cases.
• C)data is not measured at the interval level.
• D)all of the above.

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Definitions:

Home Ownership Savings Plan (HOSP)

A savings plan designed to help individuals accumulate funds towards the purchase of a home.

Quarterly

Occurring every three months or constituting one-fourth of a year.

Compounded Semi-Annually

Interest is calculated and added to the principal twice a year.

Monthly Payments

Recurring payments made once per month, often in the context of loan repayments or subscriptions.