What are various non-parametric tests
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Q: What are various non-parametric tests utilized in business decision making? Give an example of each test with an appropriate business situation.
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Nonparametric tests are often used in place of their parametric counterparts when the distributional assumption, usually the normal distribution assumption
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What are various non-parametric tests utilized in business decision making? Give an example of each test with an appropriate business situation.
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This involves considerable expense for the advertising firm, since sales account managers are very independent and maintain separate record keeping systems.
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