What Is a Nonparametric Test

question 21

Essay

What is a nonparametric test?

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Definitions:

Dividends Per Share

The total dividends declared in a period divided by the number of outstanding shares of the company.

Cash Dividends

Payments made by a company to its shareholders out of its profits or reserves.

Originally Issued

Refers to securities that have been sold for the first time to investors directly by the issuing company.

Paid-In Capital in Excess of Par

The amount of capital contributed by shareholders over and above the par value of the shares issued.