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The Following Are the Ratings (0 to 4) Given by 12

question 93

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The following are the ratings (0 to 4) given by 12 individuals for two possible new flavors of soft drinks. The following are the ratings (0 to 4)  given by 12 individuals for two possible new flavors of soft drinks.   Wilcoxon rank-sum is to be used. What is the sum of the ranks for flavor #2? A)  153 B)  139 C)  144 D)  156 Wilcoxon rank-sum is to be used. What is the sum of the ranks for flavor #2?


Definitions:

Suppliers

Businesses or individuals that provide goods or services to another entity under terms specified in a contract.

Factors of Production

The resources utilized in the production of goods and services, traditionally categorized into land, labor, and capital.

Circular-Flow Model

A model that illustrates the movement of resources and money between firms and households in an economy.

Capital

Wealth in the form of money or other assets owned or employed in business by an individual, firm, or country.

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