Hypothesis Testing - Parametric and Nonparametric Statistics
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Can the formal hypothesis testing approach be used for non parametric tests?
a. How are parametric and nonparametric statistics different?
b. How are parametric and nonparametric statistics similar?
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Solution Summary
Almost 200 words explain how parametric and nonparametric statistics are similar and different.
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Many non-parametric tests are based on ranked data. Data are ranked by ordering them from lowest to highest (in ascending order) and assigning them integer ranks from 1 to the maximum sample size. In case of ties, they are resolved by assigning the mean values of the ranks that they would have received ...
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