Advantages and Limitations of Nonparametrics tests
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Can you tell me what are the advantages and limitations of applying nonparametric tests in solving business problems?
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The expert determines what are the advantages and limitations of applying non-parametric tests in solving business problems.
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Nonparametric data typically does not have parameters binding it and that allows a person to analyze data without assumptions. To be more specific, nonparametric methods were developed to be used when researchers know little or nothing about the parameters ...
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