Which of the Following Statements Is True Regarding the Demographics

question 19

Multiple Choice

Which of the following statements is true regarding the demographics of entrepreneurs in the United States?

• A) Over the past 10 years, the demographic makeup of entrepreneurial firms has remained relatively unchanged.
• B) Of the 26 million businesses in the United States, a decreasing number are owned by women and minorities.
• C) Between 1997 and 2002, the fastest-growing area of women-owned firms was health care.
• D) There is strong evidence to suggest that the number of seniors choosing entrepreneurial careers is increasing.
• E) Interest in entrepreneurship among young people remains flat.

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Definitions:

Test Statistic

A calculated value from sample data used to make a decision about the validity of a hypothesis in statistical hypothesis testing.

Null Hypothesis

The hypothesis that states there is no significant difference or effect, serving as the default assumption to be tested against.

Poisson Distribution

A statistical function representing the frequencies of an event happening within a set period of time or space.

Degrees Of Freedom

The count of separate values or measurements which may be applied to a statistical distribution.