In India, One Source of Competitive Advantage Is _____ Because

question 80

Multiple Choice

In India, one source of competitive advantage is _____ because it has the second highest population in the world.

• A) natural resources
• B) technological know-how
• C) abundant labor
• D) business environment

---

Definitions:

Measure Of Central Tendency

A statistical concept that provides a single value as an estimate of the center of a distribution of values, commonly calculated as the mean, median, or mode.

Outlier

Numbers in a data set that are extreme values; calculate outliers in a data set by multiplying 1.5 times the IQR; subtract this product from Q1 to compute the boundary for lower outliers and add this value to Q3 to compute the boundary for upper outliers.

Average Bill

Refers to the mean amount charged for a service or product over a specified period, often used to estimate monthly or yearly expenses.

Linear Regression

A statistical method for modeling the relationship between a dependent variable and one or more independent variables by fitting a linear equation to observed data.