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Present Value of 1 Future Value of 1
Present Value of an Annuity of 1
Future Value of an Annuity of 1
A company needs to have $150,000 in 5 years, and will create a fund to insure that the $150,000 will be available. If it can earn a 6% return compounded annually, how much must the company invest in the fund today to equal the $150,000 at the end of 5 years?
Tied Values
Occur when two or more entities in a dataset have the same value on a particular measure.
Ranks
The ordinal positions of values in a dataset, arranged in ascending or descending order.
Kruskal-Wallis Test
A nonparametric statistical test used to compare three or more independent groups of sampled data to determine if there is a difference in their medians.
Random Samples
A subset of a statistical population in which each member of the subset has an equal probability of being chosen, fundamental for unbiased statistical analysis.
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