The Number One Characteristic Shared by Successful Entrepreneurs Is

question 73

Multiple Choice

The number one characteristic shared by successful entrepreneurs is:

• A) a charismatic personality
• B) passion for the business
• C) a desire to employ other people
• D) a desire to fulfill a lifetime dream
• E) being on the cutting edge of technological change

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Definitions:

Error of Estimation

The error of estimation is the difference between a population parameter and the estimated value of that parameter, reflecting the accuracy of the estimate.

Population Standard Deviation

A measure of the dispersion or spread of the entire underlying population's values around the mean.

Confidence Level

The probability that the value of a parameter falls within a specified range of values, known as the confidence interval.

Error of Estimation

The discrepancy between a parameter's estimated value and its true value in the population.