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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 just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
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.