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Basic Question 2 of 2
When do we use a nonparametric test?
II. The data is in the form of rankings.
III. We want to test the randomness of the sample.
I. The distribution of the underlying population is unknown.
II. The data is in the form of rankings.
III. We want to test the randomness of the sample.
User Contributed Comments 1
| User | Comment |
|---|---|
| thekapila | randomness of sample is good point |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
compare and contrast parametric and nonparametric tests, and describe situations where each is the more appropriate type of test
CFA® 2025 Level I Curriculum, Volume 1, Module 8.