Which of the Following Statements Concerning Research and Development Is

question 20

Multiple Choice

Which of the following statements concerning research and development is correct?

• A) Exploratory research is more important than development research.
• B) Development research is more important than exploratory research.
• C) Exploratory research is directed toward commercialization of a new technology.
• D) Development research advances basic science.
• E) Exploratory research and development research are needed for internal new venturing.

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Definitions:

Significantly More

A statistical term indicating that an observed effect or difference is large enough that it is unlikely to have occurred by chance, based on a set significance level.

Independent Sample Variances

Variability measures of two or more independent samples, analyzed to understand difference across populations.

F Distribution

A probability distribution that arises in the analysis of variance tests, used to calculate and interpret the ratio of variances to determine statistical significance.

Null Hypothesis

A statement used in statistics that proposes there is no significant difference or effect and that any observed differences are due to chance.