The First Discovery (As Distinct from First Commercial Application)of a Product

question 238

Multiple Choice

The first discovery (as distinct from first commercial application) of a product or process is called

• A)innovation.
• B)invention.
• C)creative destruction.
• D)diffusion.

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Definitions:

Column Proportion

The ratio of the frequency of a particular category to the total number of observations in a column of a table, usually expressed as a percentage.

SAS Proficiency

The level of skill or expertise in using the Statistical Analysis System (SAS), a software suite used for data management, advanced analytics, multivariate analysis, business intelligence, and predictive analytics.

Very Proficient

Describes a high level of skill, competency, or knowledge in a particular area or activity.

Column Proportion

The fraction or percentage of a particular value within a column in a dataset, representing the relative frequency of that value.