Which of the Following Statements Is NOT True

question 69

Multiple Choice

Which of the following statements is NOT true?

• A) The process by which many entrepreneurs raise seed money and obtain other resources necessary to start their businesses is often called bootstrapping.
• B) Most businesses are started by an entrepreneur who has a vision for a new business or product and a passionate belief in the concept's viability.
• C) The initial "seed" money usually comes from the entrepreneur or other founders.
• D) The seed money is spent on developing an initial public offering.

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Definitions:

Coefficient Of Correlation

A numerical measure that indicates the strength and direction of a linear relationship between two variables, ranging from -1 to 1.

Linear Relationship

A type of correlation where the change in one variable is directly proportional to the change in another variable.

Shape

In statistics, refers to the geometric form of the distribution of a dataset or probability distribution, such as skewness and kurtosis defining its asymmetry and peakedness.

Unimodal

Describing a distribution with a single peak or mode, indicating the most frequently occurring value.