Question

Assigning statistical probabilities to the likelihood that commercialization will succeed is Select one: a. reliable b. just an art c. dependent on the type of company being analyzed d. predictable

Answer 1

Answer:

correct option is b. Just an art

Step-by-step explanation:

Probability is a numerical description of how likely an event is to occur or how likely it is that a proposition is true. Probability is a number between 0 and 1, where, roughly speaking, 0 indicates impossibility and 1 indicates certainty.[note 1][1][2] The higher the probability of an event, the more likely it is that the event will occur.