Microsoft and Its Operating System Are Often Cited as an Example

question 169

Multiple Choice

Microsoft and its operating system are often cited as an example of a company that grew into a monopolist through:

• A)ownership of a resource.
• B)patents.
• C)network externalities.
• D)large economies of scale.

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Definitions:

Confidence Interval

A statistical range, based on sample data, within which a population parameter is estimated to lie with a certain level of confidence.

Number of Successes

In statistical experiments, the count of instances that meet a defined criterion for success.

Standard Error

A measure of the variability or dispersion of a sampling distribution, often used as an estimate of the accuracy of a sample mean.

Plus Four Method

A statistical method that adds four to the sample size and regards two successes and two failures in a binomial proportion confidence interval.