Chapter 14-Learning objectives Differentiate between nonparametric and parametric hypothesis tests Determine when a nonparametric test should be used instead of its parametric counterpart Appropriately apply each of the nonparametric methods introduced o 2002 The Wadsworth Group
1 a) Buy IBX stock in Tokyo and simultaneously sell them in NY, and your arbitrage profit is $2 per share. b)The prices will converge. c)Instead of the prices becoming exactly equal, there can remain 1%% discrepancy between