Nonparametric Statistics Are Sometimes Called _______________

question 59

Multiple Choice

Nonparametric statistics are sometimes called _______________.

• A)nominal statistics
• B)interval statistics
• C)distribution-dependent statistics
• D)distribution-free statistics
• E)qualitative statistics

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Definitions:

Cash Distributed

The act of disbursing or paying out cash from a company to its stakeholders, such as dividends to shareholders or payments to suppliers.

Business Entity Assumption

An accounting principle that treats a business as a separate entity from its owners for reporting and financial assessment purposes.

Owners

Individuals or entities that legally possess an asset, business, or property.

Obligations

Obligations are financial responsibilities or legal commitments that arise from contracts, agreements, or other binding arrangements.