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The Wilcoxon Signed-Rank Test Is a Nonparametric Test That 1)

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The Wilcoxon signed-rank test is a nonparametric test that 1) uses the directions of differences observed in a matched pairs sample to determine whether the relative frequency distributions of two statistical populations are identical to or different from one another and 2) determines whether a sample comes from a population with a specified median.


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Wholesale Price

The cost of goods sold in large quantities, usually to retailers rather than directly to consumers.

Mark-up on Cost

The percentage added to the cost price of goods to cover overhead and profit.

Lettuce

A leafy green vegetable commonly used in salads and sandwiches.

Selling Price

The amount for which something is sold; the price that a buyer pays.

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