Developing Nations Tend to Have a Large Entrepreneurial Class but Not

question 254

True/False

Developing nations tend to have a large entrepreneurial class but not sufficient capital investment.

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Definitions:

Independent Events

Two or more events where the occurrence or outcome of one event does not affect the occurrence or outcome of another.

Intersection of Events

The set containing all the outcomes that are common to two or more events in probability and statistics.

Union of Events

The set of outcomes that belong to either one event or another in probability, including those that belong to both events.

Sample Space

The set of all possible outcomes in a statistical experiment.