Which Statement Is INCORRECT

question 12

Multiple Choice

Which statement is INCORRECT?

• A)A chi-square GOF test indicates whether or not your data varies from what is unexpected.
• B)A chi-square test of independence indicates that the variables are independent of each other or that the variables affect one another.
• C)A Mann-Whitney U test indicates whether two independent samples are different in terms of their average ranks.
• D)A Wilcoxon test indicates whether two related samples are different in terms of their ranks.
• E)A Kruskal-Wallis H test is the nonparametric equivalent of the one-way ANOVA.

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Definitions:

Intangible Asset

An asset that is not physical in nature, such as patents, copyrights, trademarks, and goodwill.

Depreciation Expense

An accounting method of allocating the cost of a tangible asset over its useful life to represent how much of the asset's value has been used.

Estimated Useful Life

The expected period over which an asset is anticipated to be used by a business.

Leasehold

An interest in an asset that gives the holder the right to use it for a specified period of time, typically relating to property or land.