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Is Successful Entrepreneurship Based More on the "Traits" of the Entrepreneur

question 61

Essay

Is successful entrepreneurship based more on the "traits" of the entrepreneur or on the "institutions" at work in his or her environment?


Definitions:

Type I Error

The mistaken dismissal of an accurate null hypothesis, frequently referred to as a false positive.

Effect Size

A quantitative measure of the strength of a phenomenon, used to indicate the magnitude of a difference or relationship within the context of a statistical analysis.

T-Tests

Statistical tests used to compare the means of two groups to see if there is a significant difference between them.

Type I Error

A Type I Error occurs when a true null hypothesis is incorrectly rejected, also known as a "false positive."

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