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Almost One-Third of Small Businesses That Have Employees Go Out

question 31

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Almost one-third of small businesses that have employees go out of business within the first two years.


Definitions:

Presale Testing

The process of evaluating the potential market success of a new product or service before its full-scale launch.

Probability

The quantification of an event's occurrence probability, expressed with a number from 0 to 1.

Computer Chip

A small piece of semiconducting material on which an integrated circuit is embedded.

Guesses

Estimates or predictions made without sufficient information or knowledge, relying on intuition rather than data.

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