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is also called the statement of financial position.
Nonparametric Techniques
Statistical methods that do not assume a specific distribution of the data, often used when data does not meet the assumptions of parametric tests.
Population Parameters
Characteristics or measures that describe aspects of a population, such as its mean, variance, or standard deviation.
Wilcoxon Rank-sum Test
A non-parametric statistical test used to compare two independent samples to determine if they come from the same distribution.
Independent Samples
Two or more groups of samples that are not related or connected in any way in the context of an experiment or study.
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