CFA Practice Question

There are 985 practice questions for this topic.

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 it carefully!!
chamad Remember: parameter for population and statistic for sample (p for p and s for s)
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...
You need to log in first to add your comment.