The Major Factor to Be Weighed When Deciding Whether to Use

question 78

True/False

The major factor to be weighed when deciding whether to use a parametric or a nonparametric test is the decision about what aspect of the distribution that you want to compare groups on.

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Definitions:

Net Operating Income

The profit derived from a company's regular business activities, excluding deductions of interest and taxes.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of a number of different investments.

Residual Income

The net income an investment or business venture generates above the minimum rate of return.

Minimum Required Rate

The lowest return rate that an investor or project manager would accept for an investment.