What is the relationship between Promotion 1 and sales revenue? Are there differences in return on investment (ROI) between the various promotions?

Unit 2 Scholarly Activity Methods

Research questions and hypotheses: Provide research questions and null and alternative hypotheses that align with the research objectives and problems. For example:

What is the relationship between Promotion 1 and sales revenue?

Ho1 (null hypothesis): There is no statistically significant correlation between Promotion 1 (independent variable) and sales revenue (dependent variable).

Ha1 (alternative hypothesis): There is a statistically significant correlation between Promotion 1 and sales revenue.

What is the relationship between Promotion 2 and sales revenue?

There is no statistically significant correlation between Promotion 2 and sales revenue.

There is a statistically significant correlation between Promotion 2 and sales revenue.

Are there differences in return on investment (ROI) between the various promotions?

There are no statistically significant differences in ROI between Promotion 1 and Promotion 2.

There are statistically significant differences in ROI between Promotion 1 and Promotion 2.