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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 #1?
Cash Collections
The process of gathering all cash received from sales, services, or other business activities.
Production Budget
An estimate of the total output, costs, and resources required for production within a specific period to meet forecasted demand.
Cash Receipts
Cash inflows or money received by a business from various sources, including sales, investments, and financing activities.
Budgeted
The process of creating a plan to spend your money over a certain period.
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