Licensing Is ________

question 12

Multiple Choice

Licensing is ________.

• A) the right to sell knockoffs of a product
• B) the right to start a business and run it exactly as the licensor wants it run
• C) the right to operate a business
• D) renting your brand or other intellectual property to increase sales

---

Definitions:

Probability Distribution

A statistical function that defines the possible values and likelihoods that a random variable can take within a given range.

Population Standard Deviation

A measure of the variability or spread in a population data set.

Height of the Curve

In statistics, this typically refers to the peak point of a probability distribution curve, indicating the most probable outcome.

Continuous Random Variable

A type of random variable that can take an infinite number of possible values within a given range.