This Nonparametric Test Requires at Least Ordinal Level Data

question 42

Multiple Choice

This nonparametric test requires at least ordinal level data. It is used if the assumptions required for the paired t-test cannot be met. Which test is it?

• A)Wilcoxon signed-rank
• B)ANOVA
• C)Rank correlation
• D)Kruskal-Wallis

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Definitions:

Beta

A unit of measurement for the swings, or integral risk, experienced by a security or portfolio in relation to the wider market.

Common Stock

An equity investment representing ownership in a company, entitling holders to vote at shareholder meetings and receive dividends.

Weighted Average Cost

A method of calculating the total cost of goods sold or assets that weighs each item's cost proportionately.

Face Value

The original value or principal amount of a security as stated by the issuer.