The Nonparametric Equivalent to the ANOVA Is the _____ Test

question 9

Multiple Choice

The nonparametric equivalent to the ANOVA is the _____ test.

• A)Chi-square
• B)t
• C)r²
• D)Kruskal-Wallis

---

Definitions:

Risk

The potential for losing something of value, often used in the context of investments where there is a possibility of financial loss.

Variable Cost Ratio

The proportion of variable costs to sales revenue, indicating how much variable cost changes with a change in the company's production volume.

Fixed Costs

Fixed costs, including rent, wages, and insurance expenses, stay the same no matter the production or sales volume.

Debt

An amount of money borrowed by one party from another, to be paid back with interest.