The 2013 Mortimer Spinks and Computer Weekly Technology Survey reflect the views of technology and digital experts across the United Kingdom (bit.ly/WS4jg3). Respondents were asked, “What is the most important factor influencing the success of a tech start-up?” Assume the following results:
Most Important Factor Frequency
Leadership 400
Marketing 346
Product 464
Technology 86
a. Compute the percentage of values for each factor.
b. What conclusions can you reach concerning factors influencing successful tech start-ups?
Ans:
a)
Factor | frequency | percentage |
Leadership | 400 | 30.86 |
Marketing | 346 | 26.70 |
Product | 464 | 35.80 |
Technology | 86 | 6.64 |
Total | 1296 | 100 |
b)
As,frequency for Product is highest,so this is the factor which most significantly influence the successful tech start-ups.
The 2013 Mortimer Spinks and Computer Weekly Technology Survey reflect the views of technology and digital...
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