Examlex
The buyer determines how much to pay for bonds by computing the present value of future cash receipts using the contract rate of interest.
P-value
The probability of observing a test statistic as extreme as, or more extreme than, the value observed, under the assumption that the null hypothesis is true.
Test Statistic
A value calculated from sample data that is used to make decisions about a population parameter in hypothesis testing.
Kruskal-Wallis Test
A statistical test that doesn't rely on parameter assumptions to evaluate if notable differences exist between two or more independent variable groups, focusing on a continuous or ordinal dependent variable.
Distribution
The spread of values of a variable or the frequencies of occurrence of different possible outcomes in a dataset.
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