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Explain the importance of developing new products and describe the six categories of the new product development process. Give one example and how it is

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Explain the importance of developing new products and describe the six categories of the new product development process. Give one example and how it is being used. According to the Centers for Disease Control the leading causes of death in the United States in the last decade are: Heart disease 24% Cancer 23% Diseases of the brain's blood vessels Chronic lower respiratory diseases 596 Accidental injuries 496 Other 37% 7% Megapolis Hospital studied 300 records of their patients who died within the last 5 years and found the following counts: Heart disease 79 Cancer 65 Diseases of the brain's blood vessels 14 Chronic lower respiratory diseases 26 Accidental injuries 11 Other 105 I Hypotheses: H: H Decision Rule: II df- Draw and label the rejection region (8) below. State the decision rule below. IIT IV V. VI Calculate expected frequency assuming HO is correct Calculate test statistic: Conclusion (use complete sentence): Implication (use complete sentence)

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