Parametric Tests vs. Nonparametric Tests

Parametric tests are straightforward and are the focus of most of . . . well . . . all of the other hypothesis testing articles Iโ€™ve written here. Theyโ€™re concerned, not surprisingly, with questions about the parameters of a particular population or populations: Whatโ€™s the mean monthly return on this ETF? Whatโ€™s the standard deviation […]

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