Which Pair of the Following Tests Is Used to Test

question 44

Multiple Choice

Which pair of the following tests is used to test for normality?

• A) A t-test and an ANOVA test
• B) An Empirical cumulative distribution function test and an F-test
• C) A Chi-Square test and a Lilliefors test
• D) A Quantile-Quantile plot and a p-value test

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Definitions:

Board of Governors

The leading body of a central banking system that oversees policy and administration.

Money Supply

The entire amount of finances available in an economy, covering all forms of cash, coins, and the funds in checking and savings accounts, at a precise moment.

Old Currency

Outdated or not in current use money forms, replaced or withdrawn by respective authorities.

Public's Desire

The general or collective wants, needs, and preferences of the population, which can influence market demand and public policy.