What are the key differences between parametric and non-parametric tests?
Understanding statistical tests is crucial for analyzing data effectively. Parametric and non-parametric tests are two broad categories of inferential statistics used to draw conclusions about a population based on sample data. The choice between these tests hinges on the nature of your data and the assumptions you can make about it. In this article, you'll learn the key differences that will help you decide when to use parametric tests and when to opt for non-parametric methods. This knowledge can empower you to make more informed decisions and interpret your statistical results with greater confidence.