Inferential Procedures That Are Free from Restrictive Assumptions About the Sampled

question 15

Multiple Choice

Inferential procedures that are free from restrictive assumptions about the sampled populations are known as:

• A) distribution-free tests (because no assumption about the nature of the population distribution is being made)
• B) distribution-free tests (because no assumption about the nature of the sampling distributions of test statistics is being made)
• C) parametric tests
• D) all of these
• E) none of these

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Definitions:

Free Market

In a free market, prices are determined only by supply and demand.

Democratic Socialist

Countries are characterized by government ownership of some basic industries and substantial government intervention in the operation of the market.

Organizations

Structured groups of individuals working together to achieve common goals, utilizing systems of governance and processes to facilitate coordinated action.

Democratic Socialism

A political ideology advocating for democratic means to achieve and maintain a socialist economic system.