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The main difference between parametric & nonparametric statistics is that parametric statistics:
Childless/Parentless Employees
Workers who do not have children or living parents, which can influence their benefits needs or workplace accommodations.
Portable Benefits
Benefits that can be retained by employees even when they change employers, promoting flexibility and job mobility.
Profit-sharing Programs
Compensation strategies where employees receive a share of the company's profits, providing an incentive for performance and productivity.
Risks
Potential events or circumstances that could lead to negative outcomes, affecting objectives negatively.
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