Which of the Following Tests Should Be Used to Compare

question 89

Multiple Choice

Which of the following tests should be used to compare the means of three populations if the sample data is ordinal?

• A)one-way analysis of variance
• B)Kruskal-Wallis test
• C)Wilcoxon test
• D)Mann-Whitney test
• E)Friedman test

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Definitions:

Amortization

The process of spreading out a loan or intangible asset cost over its useful life, thereby reducing it on the balance sheet over time.

Journal Entry

A recording of a transaction or adjustment in the accounting ledger that includes the accounts and amounts to be debited and credited.

Bonds Payable

Long-term debt securities issued by corporations or governments, promising to pay the holder a specified amount of interest and to repay the principal at maturity.

Contract Interest Rate

The interest rate specified within a financial contract, such as a loan or bond agreement, that determines the interest payments.