What Is the Appropriate Statistical Analysis for Comparing Non-Numerical Data

question 6

Multiple Choice

What is the appropriate statistical analysis for comparing non-numerical data for a differential design comparing samples representing two populations?

• A)​independent-measures t test
• B)​repeated-measures t test
• C)independent-measures analysis of variance
• D)​chi-square test for independence

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Definitions:

Pretax Return

The income or profit of a company before income tax expenses are deducted.

Net Present Value

The contrast in present value between incomes and expenditures of cash across a given time period.

Discount Factor(s)

A multiplier for determining the present value of future cash flows, reflecting the time value of money.

Salvage Value

The forecasted sale price of an asset at the conclusion of its effective life span.