Statistical Tests That Are Not Very Sensitive to Errors in Assumptions

question 55

True/False

Statistical tests that are not very sensitive to errors in assumptions are called parametric tests.

---

Definitions:

Face Value

The nominal or original value of a financial instrument as stated by its issuer.

Face Value

The nominal or original value of a security or financial instrument as stated by the issuer.

Note Payable

A written promise to pay a specific sum of money, on demand or at a set time, to the holder of the note.

Maturity Value

The amount that will be paid to the holder of a financial instrument at its maturity date, including principal and any remaining interest.