The Nonparametric Counterpart of the Parametric One-Way Analysis of Variance

question 11

Multiple Choice

The nonparametric counterpart of the parametric one-way analysis of variance F-test is the:

• A) Kruskal-Wallis test
• B) Friedman test
• C) Wilcoxon rank sum test
• D) Wilcoxon signed rank sum test
• E) two-tailed t-test

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Definitions:

Interest Rate

The percentage at which interest is paid by borrowers for the use of money that they borrow from a lender.

Future Value

The amount of money in the future that an amount of money today will yield, given prevailing interest rates

Risk-averse Individuals

People who prefer to avoid risk and would rather accept a lower expected return on an investment than subject themselves to higher volatility and potential loss.

Comparable Bad Things

Situations or items that have similarly negative attributes or impacts, allowing for a comparison of their undesirability.