Which of the Following Non-Parametric Tests Does Not Rely on the Calculation

question 14

Multiple Choice

Which of the following non-parametric tests does not rely on the calculation of ranks?

• A)Wilcoxon rank-sum test
• B)Kruskal-Wallis test
• C)Wilcoxon signed-rank test
• D)They all rely on the calculation of ranks.

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Definitions:

Owner's Capital

The amount of equity belonging to the owner of a business, reflecting investments and accumulated earnings.

Income Summary

An accounting tool used to aggregate all income and expense accounts to determine net income or loss for a period.

Revenue

Income that a company receives from its normal business activities, usually from the sale of goods and services to customers.

Closing Entries

Closing entries are journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, thereby resetting the temporary accounts for the next period.