CFA Practice Question

There are 434 practice questions for this study session.

CFA Practice Question

Which of the following is not a characteristic of parametric tests?

A. The population must follow a certain distribution.
B. The parameter tested can be the variance of the sample.
C. The parameter tested can be the mean of the population.
D. The parameter tested can be the standard deviation of the population.
Correct Answer: B

We test parameters which refer to the population, not the sample.

User Contributed Comments 4

User Comment
thekapila good question..read it carefully!!
chamad Remember: parameter for population and statistic for sample (p for p and s for s)
praj24 POPULATION
sshetty2 correct me if I'm wrong but why would you ever need to test for the variance of the sample? you collected the sample data and can just calculate it yourself...
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