Which of the Following Statements Is True of Crowdsourcing

question 19

Multiple Choice

Which of the following statements is true of crowdsourcing?

• A)​It describes how the input of many people can be leveraged to make decisions that used to be based on the input of only a few people.
• B)It describes how the level of buzz created for a product can be used as a measurable parameter for determining the product's effectiveness.
• C)It describes the methods in which a consumer should use a product or service.
• D)​It describes the need for consumers to buy a product and their willingness to buy it.

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Definitions:

Statistically Significant

A term used to describe a result that is unlikely to have occurred by chance alone, according to a pre-determined threshold in hypothesis testing.

Observed Findings

Results or outcomes that have been noticed or recorded during a research study or experiment.

Meta-Analysis

A statistical technique that combines the results of multiple scientific studies to identify patterns, contradictions, or other insights.

Placebo Effect

A phenomenon where a patient experiences a perceived improvement in condition due to the belief in the efficacy of a treatment, despite the treatment having no therapeutic effect.