The purpose of this assignment is to choose one market disruption problem then develop three different hypotheses, and identify the associated independent and dependent variables that are measurable, testable, and meaningful. Consider all potential issues. choose a single problem to potentially solve. Be sure to select a problem that is not yet solved. Remember, a hypothesis is just an "I think" statement that needs to be fully developed with potential solutions and variables. Ultimately, much time and money could be spent on this issue, so it is imperative to spend time upfront with this brainstorming process around various hypotheses.

Use the "Hypothesis Statements - Overview and Template" resource to complete this assignment. You will need to complete Parts 1 and 2 in the template. Complete the hypotheses grid using good, better, and best versions of the three hypotheses related to the single problem you have identified and the solution you have proposed for the problem. Include the dependent and independent variables for each. You will also compose a short summary in Part 2 within the template. Note: This assignment will impact future assignments throughout the course, including the Topic 5 individual assignment, the Draft Summary Business Model Canvas.

Hypothesis Statements - Overview and Template

This document contains definitions, examples, and a template to complete for your assignment.

Hypothesis Statements Overview

A hypothesis is a prediction about the relationship between two variables. Hypotheses statements often start as an educated guess about how one variable affects a second variable. A hypothesis statement must be testable (i.e., you can verify or falsify withobservable evidence).

Most hypothesis are written in the form of an If/Then statements. Examples of If/Then statements are:

• If you drink coffee before going to bed, then it will take longer to fall asleep.
• If you get at least 8 hours of sleep, you will do better on tests than if you get less sleep.
• If you reduce your consumption of sugar, you will lose weight.

A good hypothesis contains the three elements listed below:

1.The dependent variable(s): Who or what you can vary or control.

2.The independent variable(s): Who or what you predict will affect the dependent variable.

1. What you predict the effect will be.

A good hypothesis statement is written as, IF (the Dependent Variable) THEN (Independent Variable) is affected in a specific way.

Assumptions Versus Hypothesis

There are general differences between an assumption and a hypothesis.

Assumptions are vague, optimistic, and untestable. Vague = harder to prove or disprove.

Hypotheses must be specific to be tested. You can design experiments to generate data that support or reject your hypothesis.

Part 1 Write a Hypothesis Template Instructions: Select three problem statements and create three versions of hypotheses statements for each of these problems. Document the problem statement above the chart and complete each row and column as directed in the assignment. Then, write a 250- word summary based on the prompt at the bottom of this document. Problem statement: Good Hypothesis Better Version Best Version Independent Variable Dependent Variable Example: Example: Example: Example: Example: The addition of The addition of fresh The addition of seven fresh Fresh water wells. Amount of doctor fresh water wells water wells within Rio water wells in the town of visits. within Rio de Janeiro will help. de J aneiro will increase citizens' health. Rozinho, (near Rio de Janeiro) will decrease doctor visits by 20%. Here are some examples of assumptions vs. hypotheses: Assumption Hypothesis Independent Variable (IV) Dependent Variable (DV) If you drink coffee before going to bed, then it will take longer to fall asleep. Consumption of 500 mg of coffee within 1 hour of bedtime will delay time to fall asleep by over 30 minutes. Caffeine consumption Time to fall asleep If you get at least 8 hours of sleep, you will do better on tests than if you get less sleep. Students who sleep at least 8 hours of the night before will improve test scores by 10%. Number of hours of sleep Test score improvement If you reduce your consumption of sugar, you will lose weight. Patients who reduce sugar consumption to below 25 grams daily for 90 days will experience 2% weight loss. Sugar consumption over the next 90 days Weight loss Is it actually risky? If it is not truly risky, it is not relevant and does not need to be tested right now. (It may get riskier later and resurface.) Has a second set of eyes looked at it? Everyone has blind spots. Check your work with another entrepreneur and ask the person to tighten up the hypothesis to make sure it is specific, measurable, and realistic.Hypothesis Best Practices Review the examples provided below for tips on writing a strong hypothesis. Symptom Fix Are there vague words like "some people" or "customer"? Be specific. Create a well-defined persona defining the specific demographic group you are targeting. Can it be measured specifically, or does it contain vague Create a measurable hypothesis. Eliminate hedging words like concepts that cannot be tested? "maybe," "better," "some," and convert to If/Then statement