The following excerpt is from an article in The New York Times in July 1999. While statistics are not available for web entrepreneurs who fail, the venture capitalists that finance such Internet start-up companies have a rule of thumb. For every 10 ventures that receive financing—and there are plenty that do not—2 will be stock market successes, which means spectacular profits for early investors; 3 will be sold to other concerns, which translates into more modest profits; and the rest will fail. What are the associated probability distribution. Outcome first entry of S second entry of S third entry of S Probability What is the probability that a start-up venture that receives financing will realize profits for early investors?
The following excerpt is from an article in The New York Times in July 1999. While statistics are not available for web entrepreneurs who fail, the venture capitalists that finance such Internet start-up companies have a rule of thumb. For every 10 ventures that receive financing—and there are plenty that do not—2 will be stock market successes, which means spectacular profits for early investors; 3 will be sold to other concerns, which translates into more modest profits; and the rest will fail. What are the associated probability distribution. Outcome first entry of S second entry of S third entry of S Probability What is the probability that a start-up venture that receives financing will realize profits for early investors?
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.EA: Extended Application Using Extrapolation To Predict Life Expectancy
Problem 7EA
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The following excerpt is from an article in The New York Times in July 1999.
While statistics are not available for web entrepreneurs who fail, the venture capitalists that finance such Internet start-up companies have a rule of thumb. For every 10 ventures that receive financing—and there are plenty that do not—2 will be stock market successes, which means spectacular profits for early investors; 3 will be sold to other concerns, which translates into more modest profits; and the rest will fail.
What are the associated probability distribution.
| Outcome | first entry of S | second entry of S | third entry of S |
| Probability |
What is the probability that a start-up venture that receives financing will realize profits for early investors?
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