A+ Work

Create an inferential statistics (hypothesis) test using the research question and variables your learning team developed for the Week 2 Business Research Project Part 1 assignment. Include: – The research question (Most up to date version using team all team discussion and instructor feedback) -Mock data for the independent and dependent variables (from Week 4) Determine the appropriate statistical tool to test the hypothesis based on the research question. (t-test, ANOVA, Chi-Squared test, test of correlation coefficient, etc) -Conduct a hypothesis test with a 0.05 level of significance, using the statistical tool. -Write an interpretation of no more than 350-words of the results and provide your findings. -Include the Excel output or test calculations in an Appendix. Format your paper consistent with APA guidelines. Submit both the spreadsheet and the paper to the Assignment Files tab. Research Problem: When the iPad launched in 2010, it was the “hottest” electronic device on the market. In fact, consumers purchased the iPad for the suggested retail price, because of its high-quality and technological capabilities. Today, several companies offer tablets of equal quality to the iPad; however, the price tag is much cheaper. The price difference between other tablets and the iPad has caused a downward shift in iPad sales. Research Question: Can reducing the price the iPad by $100 help increase sales? Variables:Number of iPads sold in a month, The number of competitor tablets sold in a month, and The price difference between the tablets