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A disinterested party representing both buyer and seller in a real estate sale is the
Wilcoxon Rank Sum Test
The Wilcoxon Rank Sum Test is a non-parametric statistical test used to compare two independent samples to assess if their population mean ranks differ.
Population Distributions
Represents the spread of values, or observations, of a particular variable across an entire population.
Nonparametric Tests
Statistical tests that do not assume a specific distribution for the data, used for analyzing ordinal or nominal data with unknown parameters.
Wilcoxon Rank Sum Test
A nonparametric test used to determine whether there is a significant difference between two independent samples by comparing their rank sums.
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