A statement such as: "If we increase price five percent,sales will likely drop eight percent or more," is an example of a:
A)hypothesis
B)dependent variable
C)problem definition
D)research objective

Question

Quizplus · Accepted Answer

The statement presents an idea or prediction that suggests a cause-and-effect relationship between price increase and sales drop, which is a hypothesis. The other choices such as dependent variable, problem definition and research objective are not relevant in this context.

A Statement Such As: "If We Increase Price Five Percent,sales