Examlex
Which of the following statements regarding materiality is correct?
Wilcoxon Rank Sum Test
This is a method in statistics, not based on parameter assumptions, used for comparing the mean ranks of two distinct samples to see if they differ.
Ordinal
A type of categorical data where the order of the values is significant, but the difference between successive values is not necessarily constant.
Equal-Variances T-Test
A statistical method used to compare the means of two groups under the assumption that the two groups have the same variance.
Distribution-Free Tests
Statistical tests that do not assume a specific distribution shape for the population from which the sample is drawn, also known as non-parametric tests.
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