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Use the information for the question(s)below.
Luther Industries is in the process of selling shares of stock in an auction IPO.At the end of the bidding period,Luther's investment bank has received the following bids:
-What will the offer price of these shares be if Luther is selling 800,000 shares?
P-value
The probability of observing a test result at least as extreme as the one observed, under the assumption that the null hypothesis is true.
Kruskal-Wallis Test
The Kruskal-Wallis test is a non-parametric method for testing whether samples originate from the same distribution, used when the assumptions of one-way ANOVA are not met.
Hypotheses Testing
A statistical method that uses sample data to evaluate a hypothesis about a population parameter, typically involving a test statistic to determine the likelihood of the hypothesis being true.
ρ Values
In statistics, ρ often denotes the population correlation coefficient or the significance level of a hypothesis test, context depending.
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