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    Parametric and Nonparametric Data Identification

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    A catering company is buying equipment in order to set up their own store. They have a choice of two ovens that they can purchase for the store. The used oven is $100 less than the new oven, but its heating calibration is off by 20 degrees. Which one is a better buy for them?

    How do I determine if this is parametric or non parametric?

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    https://brainmass.com/statistics/nonparametric-tests/parametric-nonparametric-data-identifications-155682

    Solution Summary

    A catering company is buying equipment in order to set up their own store. They have a choice of two ovens that they can purchase for the store. The used oven is $100 less than the new oven, but its heating calibration is off by 20 degrees. Which one is a better buy for them?

    $2.19

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