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During 2011,Stockton,Inc.reported net income of $4,000,declared and paid a cash dividend of $2,000,and issued common stock for $20,000.At December 31,2011,Stockton reported total shareholders' equity of $58,000.What was total shareholders' equity at the beginning of the year,on January 1,2011?
Randomization
A process in experimental design to ensure every participant has an equal chance of being assigned to any group, reducing bias.
Extraneous Factors
Variables that are not of interest in a study but could affect its outcome.
Experimental Units
Experimental units are the smallest divisions of the experimental subjects that can be independently assigned to treatment groups in a study.
Two-factor ANOVA
A statistical method used to analyze the effects of two independent variables on a single continuous dependent variable, allowing interaction effects to be studied.
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