The Financial Crisis of 2007-2009 Contributed to the Largest Sovereign

question 48

Multiple Choice

The financial crisis of 2007-2009 contributed to the largest sovereign default in history by which one of these countries?

• A) Italy
• B) Portugal
• C) Ireland
• D) Greece

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Definitions:

Nonparametric Counterpart

A statistical method that does not assume a specific distribution for the data.

Parametric One-way Analysis

A type of parametric test that assesses for significant differences between more than two groups based on one independent variable.

Kruskal-Wallis Test

A nonparametric statistical test used to determine if there are statistically significant differences between three or more groups of an independent variable on a continuous or ordinal dependent variable.

Friedman Test

A non-parametric statistical test used to detect differences in treatments across multiple test attempts.