a. What is a parametric statistical method? b. Name some parametric methods you have used.
Question:
b. Name some parametric methods you have used.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 84% (13 reviews)
a A parametric statistical method is one which ...View the full answer
Answered By
Elias Gichuru
am devoted to my work and dedicated in helping my clients accomplish their goals and objectives,providing the best for all tasks assigned to me as a freelancer,providing high quality work that yields high scores.promise to serve them earnestly and help them achieve their goals.i have the needed expertise,knowledge and experience to handle their tasks.
4.80+
325+ Reviews
859+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
Describe the difference between parametric statistical procedures and nonparametric statistical procedures?
-
a. What happens if there is an outlier in one of the samples in a test of two unpaired samples? For each case (very large or very small outlier), say what the rank of the outlier would be. b. Which...
-
Nonparametric statistical methods are used a. Whenever the response variable is known to have a normal distribution. b. Whenever the assumptions for a parametric method are not perfectly satisfied....
-
Top managers of Ryan Products, Inc., have asked you to compare the companys profit performance and financial position with the average for the industry. The companys accountant has given you the...
-
Shawn Kimble Enterprises Ltd. follows IFRS and reported income before income taxes of $176,000, $180,000, and $198,000 in each of the years 2009, 2010, and 2011, respectively. The following...
-
The Dahlia Flower Co. has earnings of $3.64 per share. The benchmark PE for the company is 18. What stock price would you consider appropriate? What if the benchmark PE were 21?
-
Explain the term private placement. What are its advantages and disadvantages within the financial markets?
-
Draw a project network from the following information. What activity(s) is a burst activity? What activity(s) is a mergeactivity? ID Description Predecessor Survey site Install drainage Install power...
-
(a) Explain the following methods of payment that could be used by a multinational corporation (MNC) to settle international transactions: Required: (i) Prepayment. (2 marks) (ii) Letters of credit...
-
On November 1, 2020, Cheng Company (a U.S.-based company) forecasts the purchase of goods from a foreign supplier for 100,000 yuan. Cheng expects to receive the goods on April 30, 2021, and make...
-
Describe the similarities and differences between the nonparametric test for two unpaired samples and the unpaired t test.
-
a. List the advantages of nonparametric testing over parametric methods, if any. b. List the disadvantages, if any, of nonparametric testing compared with parametric methods. How serious are these...
-
How is the group of countries that includes Australia, Canada, Ireland, New Zealand, South Africa, the United Kingdom, and the United States expected to differ from the group of countries that...
-
Profit, not-for-profit/nonprofit, give a specific example of each type of organization (a business you have heard of, done business with or worked for). For each one, discuss what you foresee as...
-
What are your total monthly fixed expenses? Expense Amount Rent payment $953.20 per month Auto payment $165.87 per month Telephone $56.98 per month Auto insurance $714.36 every six months Once-a-week...
-
Baltimore Company's January 1, 2020 finished goods inventory was $85,000. The January 1, 2021 finished goods inventory is $110,000. Cost of goods purchased for resale FY 2020 was $310,000. Use this...
-
What is the effect on the accounting equation of ABC Company purchasing 15% of KLM's common stock (assuming cash was paid)?
-
What is the difference between a fake, completely made-up story and a story that someone calls "fake news" because he or she does not like parts of the facts revealed, or quotes from sources in the...
-
The graphs show that the three components of love, namely, passion, intimacy, and commitment, progress differently over time. Passion peaks early in a relationship and then declines. By contrast,...
-
If you want to solve a minimization problem by applying the geometric method to the dual problem, how many variables and problem constraints must be in the original problem?
-
Suppose you believe that the price of a particular stock goes up each day with probability p and goes down with probability 1 - p. You also believe the daily price changes are independent of one...
-
(a) Which among the following numbers could be the probability of an event? (b) Which among the following numbers could be the probability of an event? 0,-0.01, 0.75, 0.41, 1.34 2/5, 1/3, -4/7, 4/3,...
-
Suppose that E = {yellow}. Compute the probability of Ec. Let the sample space be S = {red, green, blue, orange, yellow}. Suppose that the outcomes are equally likely.
-
Based on the introductory in Public Finance, what do you think must be the main role of the government in our individual lives? Any references will do, as long as the answer is related to question...
-
Apercu Industries borrowed $92,350 for 200 days at 15% simple interest. Find the total interest they will pay (a) using bankers' rule and (b) using the exact method.
-
On January 4th, Mark went to the hospital to have an appendectomy. His deductible is $2,500 and since it is the beginning of the year, he has not contributed anything to the deductible yet. The total...
Study smarter with the SolutionInn App