Research question (RQ)
Is there correlation between product profitability (DV) and product sales (IV).
(H0): There is no correlation between Product Profitability (DV) upon Product sales (IV).
(H1): There is a correlation between Product Profitability (DV) upon Product sales (IV).
Using the research question and two variables create a no more than 350-word inferential statistics (hypothesis test). Include:
(a) The research question
(b) Mock data for the independent and dependent variables
Determine the appropriate statistical tool to test the hypothesis based on the research question.
Conduct a hypothesis test with a 95% confidence level, using the statistical tool.