Which Type of Innovation Is the Most Common

question 5

Multiple Choice

Which type of innovation is the most common?

• A) strategic
• B) radical
• C) systems
• D) incremental
• E) cultural

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Definitions:

Sampling Distribution

The probability distribution of a statistic based on a large number of samples or replicates.

Probability Distribution

Describes how the probabilities are distributed over the values of a random variable.

Expected Value

The expected value of a variable, determined by summing up all possible values, each weighed by its probability of happening.

Sampling Distribution

The probability distribution of a given statistic based on a random sample, used to make inferences about the population.