Examlex
i. One assumption in testing a hypothesis about a proportion is that the data collected are the result of counting something. ii. One assumption in testing a hypothesis about a proportion is that an outcome of an experiment can be classified into two mutually exclusive categories, namely, a success or a failure.
iii. A proportion is a fraction, ratio or probability that gives the part of the population or sample that has a particular trait of interest.
Entrepreneur
An individual who initiates, organizes, and manages a venture to bring a new product or service to the market, often taking on significant financial risks in the hope of profit.
Beachhead Market
An initial target market that a company focuses on penetrating as a point of entry and a foundation for future growth.
Cross the Chasm
A term derived from Geoffrey A. Moore's book, indicating the challenge startups face in transitioning from early adopters to the broader market.
Early Majority
A group in the technology adoption lifecycle that represents approximately the first 34% of the population to adopt new technology, following innovators and early adopters.
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