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TABLE 12-19
An agronomist wants to compare the crop yield of 3 varieties of chickpea seeds. She plants all 3 varieties of the seeds on each of 5 different patches of fields. She then measures the crop yield in bushels per acre. Treating this as a randomized block design, the results are presented in the table that follows.
Below is the Minitab output of the Friedman rank test:
Friedman Test: Yield versus Varieties, Fields
Friedman test for Yield byVarieties blocked by Fields
-Referring to Table 12-19, the Friedman rank test is valid only if the 5 blocks are independent so that the yields in one block have no influence on the yields in any other block.
Stock Split
A corporate action where a company divides its existing shares into multiple new shares to boost the liquidity of the shares, though the overall value of the company remains unchanged.
Market Value
The existing rate at which an asset or service is being offered for buying or selling in the marketplace.
Debt-Equity Ratio
A measure of a company's financial leverage, calculated by dividing its total liabilities by shareholder equity.
Residual Dividend Policy
A strategy where companies pay dividends from the remaining earnings after all operational and growth expenses are covered.
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