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What is a Hypothesis?
In Marketing Theory, a hypothesis is an unproven supposition or proposition that tentatively explains certain facts or phenomena.
Eg An Advertising Manager may hypothesise that consumers’ attitude towards the product will change positively if the packaging size is increased and hence sales will increase.
Eg. A Marketing Manger may hypothesise that
the sales of Brand A has decreased because of consumer switching to a competitive substitute product X
STEP 1 in Hypothesis
Testing is setting
The Null and Alternative
Hypothesis….
Hypothesis Testing
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