Complexity of Technology Relates to Lead-Time to Catch Up Because

question 60

Multiple Choice

Complexity of technology relates to lead-time to catch up because

• A)the more complex the design and technology, the longer it will take to replicate.
• B)complex products tend to be subject to a long lead-time for delivery.
• C)it takes even experts a long time to understand complex theory.
• D)competitors are reluctant to get involved in complex issues, if they know they're complex.

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Definitions:

Sample Size

The number of observations or replicates included in a statistical sample.

P Value

The probability of obtaining test results at least as extreme as the results observed, assuming the null hypothesis is true.

Two-Tailed

Refers to a type of statistical test that considers both directions of differences or effects, allowing for testing for either an increase or a decrease.

Pearson Correlation

A coefficient that measures the linear correlation between two variables X and Y, giving a value between -1 and 1.