A Firm Conducting an Environmental Scan of the Marketplace Might

question 278

Multiple Choice

A firm conducting an environmental scan of the marketplace might uncover key __________ like the growth of crowdfunding and 3D printing.

• A)profits
• B)responsibilities
• C)idealisms
• D)codes
• E)trends

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Definitions:

Resamples

Resamples are subsets of data drawn from an original dataset, often with replacement, used in bootstrap methods to estimate the variability or distribution of a statistic.

Bootstrapping

A statistical method that involves resampling with replacement from a dataset to estimate the distribution of a statistic.

Original Data Set

The initial collection of data acquired before any manipulation, cleaning, or analysis has been conducted.

New Values

Refers to data points that have been introduced into a dataset or calculation, differing from previous values.