How Can a Researcher Determine Whether Data Meet the Assumption

question 17

Multiple Choice

How can a researcher determine whether data meet the assumption of normality necessary for using parametric tests?

• A) Assess the level of significance
• B) Determine the probability of making a type II error
• C) Determine the probability of making a type I error
• D) Examine a normal probability plot
• E) Examine whether the distribution is bimodal or multimodal

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Definitions:

Loss on Disposal

A financial loss that occurs when an asset is sold for less than its carrying amount on the books.

Gain on Disposal

The profit earned from selling a capital asset for more than its book value.

Straight-line Method

A method of calculating depreciation of an asset, dividing the difference between its cost and salvage value by the total number of years it is expected to be in use.

Salvage Value

The expected financial return on an asset at the time of its disposal after its serviceable life has concluded.