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Refer to the table representing Darcy's bank account. If she deposited $1,000 into her account at the beginning of year 1 and made no further deposits or withdrawals, which cell(s) represents the future value(s) of the initial deposit if the money remains in the account for three years?
Normality Requirement
The assumption that the data or residuals in certain statistical models follow a normal distribution, required for the validity of many tests.
Spearman Rank-Correlation
A nonparametric measure of rank correlation, assessing how well the relationship between two variables can be described using a monotonic function.
Nonparametric Test
A type of statistical test that does not rely on data belonging to any particular distribution.
Matched-Pairs Sample
A sampling technique in which pairs of subjects are matched on key characteristics, and differences within pairs are analyzed.
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