The Network Effect Refers to the Notion That the Value

question 68

Multiple Choice

The network effect refers to the notion that the value of a network is dependent on ________.

• A) the speed of the network
• B) the number of other users
• C) the knowledge of the users
• D) the commitment of the users
• E) the technical expertise of the moderators

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Definitions:

Mode

The number that occurs most often in a collection of data.

Weighted Mean

An average in which each data point contributes to the final mean with a weight that reflects its importance or frequency.

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution, with the mean, median, and mode being common examples.

Variability

A statistical measure of the dispersion of data points in a data series around the mean.