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IT Experimentation Occurs When Businesses Experiment with New Products and Services

question 47

Multiple Choice

IT experimentation occurs when businesses experiment with new products and services that are predominantly:


Definitions:

Level Shift

A statistical term describing a sudden change in the mean level of a time series dataset.

Instability

The state of being prone to change, variation, or unpredictability, often in a way that is difficult to control or manage.

Cycle

A sequence of events that repeat in a regular and predictable pattern over time.

Type Error

Mistakes made in statistical hypothesis testing, specifically Type I error (false positive) and Type II error (false negative).

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