A Sign Test Is A

question 134

Multiple Choice

A sign test is a:

• A) parametric method used to determine the differences between two related observations.
• B) nonparametric method based on the sign of a difference between two related observations.
• C) nonparametric method for that uses the Chi-square distributions as the test statistic.
• D) parametric method for determining the differences between related observations where distribution dependent tests are useD.

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Definitions:

Allowance Method

is an accounting technique that estimates and reports the likely amount of uncollectible accounts receivable as an allowance for doubtful accounts.

General Ledger Account

A comprehensive record containing all the financial transactions of a business.

Aging

A method used in accounting to categorize a company's accounts receivables according to the length of time an invoice has been outstanding.