Entrepreneurs Tend to Be Conservative and Usually Underestimate What They

question 18

True/False

Entrepreneurs tend to be conservative and usually underestimate what they can actually achieve when it comes to future sales.

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Definitions:

Distribution

In statistics, the pattern or spread of values taken by a particular variable, indicating how often each value occurs.

Boxplot

A graphical representation that displays the distribution of a dataset based on a five-number summary: minimum, first quartile, median, third quartile, and maximum.

Histogram

A graphical representation of the distribution of numerical data through bars of various heights.

Temperatures

Measurements reflecting the degree of heat present in a substance or environment, often expressed in degrees Celsius, Fahrenheit, or Kelvin.