Qnt 561 please help, need summary asap

Null hypothesis: Consumers would not be willing to pay $80.00 or more for shoes that are endorsed by a female professional athlete

Alternate hypothesis: Consumers would be willing to pay $80.00 or more for shoes that are endorsed by a female professional athlete

Null hypothesis is rejected and the Alternate hypothesis is accepted, which states Consumers would be willing to pay $80.00 or more for shoes that are endorsed by a female professional athlete

 

Hypothesis One

Consumers would be willing to pay $80 or more for shoes endorsed by a female professional athlete.

H0: µ ≥ 80

H1: µ < 80

 

Null hypothesis: RK use of a professional female athlete who is 25 years old will not appeal to its target market population

Alternate hypothesis: RK use of a professional female athlete who is 25 years old will appeal to its target market population

Null hypothesis is rejected and the Alternate hypothesis is accepted, which states RK use of a professional female athlete who is 25 years old will appeal to its target market population

 

Hypothesis Two

RK use of a professional female athlete who is 25 years old will appeal to its target market population.

H0: µ = 25

H1: µ≠ 25

 

 

2. An inconclusive result is acceptable for this project.  Should that be the case, suggest potential future research efforts and a new research questions that might provide more definitive results.

Please answer this in summary form

 

Note: I have paid already for this and did not get the results I was looking for. Time is not on my side and I need ASAP so that I do not hold the team up. Thanks

 

 

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