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Which of the Following Are Non-Parametric Tests

question 14

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Which of the following are non-parametric tests?


Definitions:

Decision Strategy

A methodology or process that individuals or organizations follow to choose among alternatives and make effective choices.

Maximizing

The strategy of seeking the best possible option or outcome among a set of choices, aiming for the highest utility or benefit.

Heuristic

A problem-solving approach using practical methods or shortcuts to generate satisfactory, but not necessarily optimal, solutions.

Prospect Theory

A behavioral economic theory that describes how people choose between probabilistic alternatives that involve risk.

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