The Journal of Business Venturing Reported on the Activities of Entrepreneurs

question 6

Multiple Choice

The Journal of Business Venturing reported on the activities of entrepreneurs during the organization creation process. As part of a designed study, a total of 71 entrepreneurs were interviewed and divided into 3 groups: those that were successful in founding a new firm (n₁ = 34) , those still actively trying to establish a firm (n₂ = 21) , and those who tried to start a new firm but eventually gave up (n₃ = 16) . The total number of activities undertaken (e.g., developed a business plan, sought funding, looked for facilities) by each group over a specified time period during organization creation was measured. The objective was to compare the mean number of activities of the 3 groups of entrepreneurs. Because of concerns over necessary assumption of the parametric analysis, it was decided to use a nonparametric analysis. Identify the nonparametric method that would be used to analyze the data.

• A) Wilcoxon rank sum test
• B) McNemar Test
• C) Kruskal-Wallis rank test
• D) One-way ANOVA F test

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Definitions:

°C

Degrees Celsius, a scale and unit of measurement for temperature.

Chlorine Gas

A diatomic green-yellow, highly reactive gas and a powerful oxidizing agent, widely used for water purification and in the manufacture of various products.

Volume

A measure of the amount of space occupied by a substance, such as a gas, liquid, or solid.

°C

A unit of measurement for temperature on the Celsius scale, where 0°C represents the freezing point of water and 100°C represents the boiling point at sea level.