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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, what is the value of the test statistic for the Friedman rank test for the difference in the medians?
Tax Rate
The fraction of income or profits that an individual or company needs to pay to the government as tax.
Investment Decisions
The process of deciding where to allocate resources in order to generate the highest possible returns.
Capital Gain
The increase in the value of a capital asset that gives it a higher worth than the purchase price.
Straight Line Depreciation
A strategy for dividing the cost of a material asset into equal yearly portions throughout its estimated useful duration.
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