A Nonparametric Method to Compare More Than Two Populations,when the Samples

question 77

Multiple Choice

A nonparametric method to compare more than two populations,when the samples are independent and the data are either ranked or quantitative but not normal,is:

• A) Kruskal-Wallis test.
• B) Friedman test.
• C) Wilcoxon rank sum test.
• D) Wilcoxon signed rank test.
• E) Sign test for comparing paired samples.

---

Definitions:

Prior Writedown

A reduction in the book value of an asset when its market value falls below its current book value, previously accounted for in financial statements.

Consigned Goods

Items given to a third party to sell on behalf of the owner, but the owner retains ownership until the goods are sold.

Ownership

The legal right or state of having full possession and control over property, assets, or a company.

Method Of Cost Formula

The Method of Cost Formula refers to an accounting approach used to determine the value of inventory sold and remaining in stock, such as FIFO (First-In, First-Out), LIFO (Last-In, First-Out), and Average Cost Method.