The long tail refers to the statistical property that a larger share of population rests within the tail of a probability distribution.
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2. What does the theory of ‘the long tail’ mean for the music industry and to other areas of the media such as online television?
3. What is Don Tapscott and Anthony Williams’ theory of Wikinomics?
A term invented by Don Tapscott to refer to the theory in practice of mass collaboration.
Hemal, this is a pretty pathetic effort. Does this "statistical property" stuff make any sense to you? This post doesn't suggest to me that you'd be able to write about either the long tail or wikinomics effectively in the exam. You need to have another go at this.
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