The Only Factor Used to Determine Whether an Industry Will

question 54

True/False

The only factor used to determine whether an industry will be primarily multi-domestic or primarily global is the pressure for local responsiveness.

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Definitions:

Permutation Resamples

A statistical technique for obtaining null distributions by calculating all possible values of a test statistic under rearrangements of the observed data.

Null Hypothesis

A statement positing that there is no significant difference between specified populations, any observed difference being due to sampling or experimental error.

Bootstrap Resamples

Sampling method involving repeatedly drawing samples, with replacement, from a dataset to estimate the distribution of a statistic.

P-value

The likelihood of seeing a test statistic as extreme or more extreme than the one measured, assuming the null hypothesis holds.