Examlex
Switching costs, access to distribution channels, economies of scale, large numbers of competing firms, and slow industry growth are some of the entry barriers that may affect the threat of new entrants to an industry.
Null Hypothesis
A default hypothesis that there is no effect or no difference, and any observed difference is due to sampling or experimental error.
Interaction Effect
A phenomenon in which the effect of one independent variable on the dependent variable varies depending on the level of another independent variable.
Interaction Effect
In statistical analysis, refers to a situation where the effect of one independent variable on the dependent variable is different at various levels of another independent variable.
Alternative Hypothesis
An alternative hypothesis is a statement in hypothesis testing that is directly tested and proposes a statistically significant difference between data sets.
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