The Difference Between Parametric and Nonparametric Statistics Is Based On

question 3

Multiple Choice

The difference between parametric and nonparametric statistics is based on:

• A)the assumption of a normal (Gaussian) distribution of the data.
• B)the method used to consider outliers.
• C)the assumption that only systematic error is present.
• D)the equivalency of the mean, median, and mode.

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Definitions:

Evaluating Results

The process of analyzing the outcomes of actions or experiments to determine their effectiveness and the extent to which they met the intended objectives.

Industry Analysis

The review and evaluation of the current condition and future prospects of a particular industry sector.

Strategic Forces

External and internal factors that influence an organization's strategy, direction, and actions to achieve its goals.

Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.