Which Nonparametric Test Is Used to Test for Agreement in Ranks

question 47

Multiple Choice

Which nonparametric test is used to test for agreement in ranks of paired data?

• A)Spearman test
• B)Friedman test
• C)Wilcoxon rank sum (Mann-Whitney) test
• D)Kruskal-Wallis test

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Definitions:

Perpetual Inventory System

An inventory management method that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

Average Unit Cost

A costing method that calculates the cost per unit by dividing the total cost by the total number of units available for sale.

Perpetual Inventory System

A method of accounting for inventory that records the sale or purchase of inventory immediately through the use of computer systems.

Cost of Goods Sold

Costs directly incurred from the production of goods a company offers for sale, including labor and material costs.