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One-way ANOVA is applied to independent samples taken from four normally distributed populations with equal variances. If the null hypothesis is rejected, then we can infer that:
Collection Delay
The time it takes for a company to receive payment from its customers for invoices issued.
Average Amount
The arithmetic mean of a set of numbers or quantities, calculated by dividing their sum by the count of numbers.
Target Cash Balance
The optimal amount of cash that a company aims to maintain to minimize costs while still meeting its financial obligations and avoiding liquidity issues.
Carrying Costs
The total costs associated with holding inventory, including warehousing, insurance, and loss from obsolescence.
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