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i. Nonparametric tests require no assumptions about the shape of the population distribution.
ii. There is not one, but a family of chi-square distributions. There is a chi-square distribution for 1
Degree of freedom, another for 2 degrees of freedom, another for 3 degrees of freedom, and so on.
iii. The chi-square distribution with large degrees of freedom approaches a normal distribution.
Promissory Note
A written promise made by one person (the maker) to pay a fixed sum of money to another person (the payee or a subsequent holder) on demand or on a specified date.
Specific Payee
The designated individual or entity to whom a particular payment is directed or made.
Definite Time
A specific, clearly identified period or moment when something occurs or is scheduled to happen.
Drawer And Drawee
Terms in check transactions where the drawer is the party that writes the check, and the drawee is the bank that is requested to pay the amount.
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