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Dec 31, 2022 at 19:24 history edited kjetil b halvorsen CC BY-SA 4.0
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May 24, 2020 at 19:51 vote accept Angadishop
May 14, 2020 at 15:31 comment added Stephan Kolassa Nonparametric tests have their place if $n$ is small. For medium-sized $n$, one can bootstrap the test statistic to get a feeling for whether asymptotics have already kicked in. I used to hand-code permutation alternatives to parametric tests in quite complicated situations precisely because I was afraid the $n$ was not yet large enough, and found to my dismay that p values were very close to the ones from the parametric test. In the end, it really comes down to experience.
May 14, 2020 at 15:04 comment added Angadishop Thank you, this made a lot of things clear but, this brings up another question. So according to CLT, the mean of the sample or the test statistic will be asymptotically normal at some 'n' for any underlying distribution. Then when do we move to non-parametric tests like wilcoxon and how do we check for the asymptotic normality of test statistic? In real life we will have only one value for test statistic.
May 14, 2020 at 6:52 comment added Stephan Kolassa @BruceET: Thank you! I would also be interested in the reason for the downvote.
May 14, 2020 at 6:44 comment added BruceET Down-vote is a puzzlement. So (+1) now. Similar recent Q&A. Permutation test is nice idea.
May 14, 2020 at 6:11 history answered Stephan Kolassa CC BY-SA 4.0