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Are More Firms Started by Individuals or Founding Teams? What

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Are more firms started by individuals or founding teams? What are the advantages to founding a firm as a team rather than as an individual?


Definitions:

Face-to-face

Direct interaction or communication between people in the same physical space.

Null Hypothesis

A default hypothesis that there is no significant effect or difference for a particular population or phenomenon.

Significance Level

The probability of rejecting the null hypothesis in a statistical test when it is actually true, denoted by alpha.

Face-to-face

A form of communication or interaction that takes place in person as opposed to through electronic means.

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