Crowdsourcing Refers to Inviting Broad Communities of People-Customers, Employees, Independent

question 52

True/False

Crowdsourcing refers to inviting broad communities of people-customers, employees, independent scientists and researchers, and even the public at large-into the new product innovation process.

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Definitions:

Target Population

The specific group of individuals that is the focus of a survey, study, or statistical analysis.

Random Number

A number chosen by a random process for statistical purposes or simulations.

Subjective Sampling

A sampling method where the samples are selected based on the opinion or judgment of the selector rather than random or statistical methods.

Uniformly Distributed

A type of distribution where all outcomes are equally likely within a certain range.