In Terms of the Diffusion of Innovation, Early Adopters Account

question 274

Multiple Choice

In terms of the diffusion of innovation, early adopters account for ________ percent of product adopters.

• A) 2.5
• B) 13.5
• C) 16
• D) 34
• E) 50

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Definitions:

Hindsight Bias

The tendency to believe, after an event has occurred, that one would have predicted or expected the outcome, also known as the "knew-it-all-along" effect.

Confounding Variable

An external factor in a research study that correlates with both the dependent and independent variables, potentially skewing results.

Alcoholic Beverage

A drink that contains ethanol, commonly known as alcohol, which is a psychoactive substance.

Control Group

In experimental research, the group that does not receive the treatment or intervention being tested, serving as a baseline for comparison.