Essay Available:
You are here: Home → Essay → Mathematics & Economics
Pages:
1 page/≈275 words
Sources:
No Sources
Level:
MLA
Subject:
Mathematics & Economics
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:
Estimation (Essay Sample)
Instructions:
Statistical tests are typically classified into two major categories: parametric or nonparametric (although there are a few exceptions that do not fit entirely into either category). What are the major differences between parametric and nonparametric test
source..Content:
Student Name:
Course:
Instructor:
Date:
Estimation
There are various differences between the parametric and non-parametric tests. Parametric tests are used in the estimation of population parameters such as mean. Non-parametric tests on the other hand are methods that are free of distribution. The non parametric methods are based on ranking or ordering of the noted observations. We shall focus on the main differences between parametric and non-parametric tests.
More precisely, distribution of data is important in choosing on either the parametric or non-parametric tests. The parametric tests are mostly applied when the populations are believed to be distributed normally. The non-parametric methods on the other hand are applied when it is uncertain whether the population will be distributed normally. It is also essential to consider the scale of data. We use non-parametric tests when using nominal...
Course:
Instructor:
Date:
Estimation
There are various differences between the parametric and non-parametric tests. Parametric tests are used in the estimation of population parameters such as mean. Non-parametric tests on the other hand are methods that are free of distribution. The non parametric methods are based on ranking or ordering of the noted observations. We shall focus on the main differences between parametric and non-parametric tests.
More precisely, distribution of data is important in choosing on either the parametric or non-parametric tests. The parametric tests are mostly applied when the populations are believed to be distributed normally. The non-parametric methods on the other hand are applied when it is uncertain whether the population will be distributed normally. It is also essential to consider the scale of data. We use non-parametric tests when using nominal...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
Other Topics:
- Field Experience-Ratio ReasoningDescription: The task was to find out the elementary effects of reasoning as derived from the study of mathematics or numbers...1 page/≈275 words| No Sources | MLA | Mathematics & Economics | Essay |
- Structural Factors of China's Labour Market Description: The Chinese Renaissance to the economic powerhouse in the recent past has been credited to some changes in the overall economic perspective of China...5 pages/≈1375 words| No Sources | MLA | Mathematics & Economics | Essay |
- Mercantilism and LiberalismDescription: Mercantilism is an economic theory, which stipulates that trade generates wealth and trade itself is stimulated by accumulation of positive balance of trade through government’s protection...1 page/≈275 words| 2 Sources | MLA | Mathematics & Economics | Essay |
