Examlex
An e-business/e-commerce information technology consulting company wants to compare the effectiveness of three programming languages that its programmers use. Currently each programming language is used by approximately 1/3 of the programmers employed by the company. The director of programming division randomly selected 5 programmers from the users of each of the three programming languages and assigned the same simple programming task to each programmer. It is known that all three populations have highly skewed distributions with extreme outliers.
-Calculate the value of Ti (rank sum)for each of the three samples.
Compounded monthly
Interest calculation method where interest is added to the principal every month, increasing the amount of future interest accruals.
College fund
A sum of money saved or invested over time, designated for covering future college education expenses.
Compounded monthly
Interest calculation method where the interest is added to the principal each month for the purpose of the next month's interest calculation, effectively increasing the amount over time.
Economic value
The monetary worth of a good or service as determined by the market.
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