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TABLE 12-2
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.
-Referring to Table 12-2, the null hypothesis for the Friedman rank test is
Cash Discounts
Reductions in price offered to customers for prompt payment of their bills.
Interest Days
The number of days over which interest is calculated, often used in the context of loans or investments.
Consumer Loans
Loans given to individuals by financial institutions for personal, family, or household purposes such as buying a car or home improvement.
Actual Interest Rate
The true rate of interest earned or paid on an investment, loan, or other financial product over a specific time period.
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