What Is the Characteristic of the Patronage Model of Crowdfunders

question 93

Multiple Choice

What is the characteristic of the patronage model of crowdfunders?

• A)investors provide financial support with no expectation of direct return
• B)investors are rewarded for their financial support
• C)equity is exchanged for the contribution
• D)funds are treated as loans

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Definitions:

Inferential Statistics

It is the branch of statistics that deals with drawing conclusions and making predictions about a population based on a sample.

Chi-square Test

A statistical approach designed to test for a significant link between two categorical variables.

T Test

An analytical procedure designed to assess the means of two sets to identify if a notable difference is present.

Average Scores

The mean or arithmetic average derived from adding a set of numerical values and dividing by the number of values.