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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 using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
compare and contrast parametric and nonparametric tests, and describe situations where each is the more appropriate type of test
CFA® 2024 Level I Curriculum, Volume 1, Module 8.