The "Two-Thirds Rule" Says That Only Two-Thirds of the Entrepreneurs

question 48

True/False

The "two-thirds rule" says that only two-thirds of the entrepreneurs with a sound new business venture will get financing, that they will get only two-thirds of what they need, and that it will take them two-thirds longer to get it than they anticipated.

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Definitions:

Data

Factual information used as a basis for reasoning, discussion, or calculation, often collected through observation or research.

Anonymous

Being unnamed or not identified by name, often used to maintain privacy or confidentiality.

Double-Blind Procedures

A study design in which neither the participants nor the experimenters know who is receiving a particular treatment, to prevent bias.

Experimenter Bias

The potential influence that a researcher's expectations or preferences may have on the outcome of an experiment, often unconsciously affecting the results.