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A Wilcoxon Rank Sum Test for Comparing Two Independent Samples

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A Wilcoxon rank sum test for comparing two independent samples involves two samples of sizes 6 and 10. The alternative hypothesis is that the location of population 1 is different from the location of population 2. Using a 0.05 significance level, the appropriate critical value is 32.


Definitions:

Weighted Average

An analysis that incorporates the diverse levels of relevance of the numbers within a dataset.

Discount Rate

The discount rate applied in discounted cash flow analysis to calculate the current value of expected future cash flows.

Investment Project

A project undertaken by an individual or company involving an investment of resources aimed at generating financial returns.

Cost Of Capital

The rate of return that a business must achieve to generate value for its investors, essentially the cost of raising funds through debt or equity.

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