Which of the Following Is NOT True About Nonparametric Statistics

question 1

Multiple Choice

Which of the following is NOT true about nonparametric statistics?

• A) It is used when the assumption of normality of data is in violation
• B) It is somewhat equivalent to t tests when the data is nominal scale
• C) It is more favored than parametric statistics
• D) Chi-square is the most common form

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Definitions:

Initial Margin

The portion of the purchase price that an investor must deposit when buying securities on margin.

Purchase GM Stock

The action of buying shares in General Motors Company, an American multinational corporation that designs, manufactures, markets, and distributes vehicles and vehicle parts.

Shares

Shares represent units of ownership interest in a corporation or financial asset, providing an equal distribution in any profits, if any are declared, in the form of dividends.

Maintenance Margin

The minimum amount of equity that must be maintained in a margin account to avoid a margin call.