Choose the appropriate test for each of the hypotheses below $(8pts$ in total; $2$ pts each$).$

$[$Be sure to watch Ch $15$ video first$]$

Note: It is NOT sufficient to simply answer what the test is$.$ To earn the full point, you need to

explain your answer, that is$,$ go through the $3$ steps as explained in the video.

Hypothesis $1($H$1)$: Gen X Consumers perceive cryptocurrencies to be riskier compared to

Gen $Z$ or Gen $Y$ consumers. Perceived risk is measured by $10-$point scales.

H$2$: More $18-30$ years old work out in gym than do $40-55$ years old.

H$3$: As predicted by the consumer adoption theory, Early Majority are willing to pay more for

new inventions compared to Late Majority. Willingness to pay is measured by the dollar

amount.

H$4$: Perceived inclusivity image $($on $7-$point scales$)$ of a fashion brand will positively predict

consumers' intentions $($on $5-$point scales$)$ to purchase the brand.