Disruptive Innovations

question 1

Multiple Choice

Disruptive innovations

• A)are created exclusively by start-up companies.
• B)can create new industries or destroy old ones.
• C)create oligopolies.
• D)are always based on sophisticated advances in technology.

---

Definitions:

Normality

A property of a dataset or distribution where the data follow a normal (Gaussian) distribution.

Preference

An indication of someone's choice or likeliness for a particular option among a set of alternatives, often studied in consumer behavior and decision-making.

P-value Method

A statistical approach that helps to decide whether the observed data deviates significantly from the hypothesis being tested.

Significance

The likelihood that an observed effect or relationship occurs due to chance, often evaluated through statistical tests.