Research question (RQ) Is there correlation between product profitability (DV) and product sales (IV).

Research question (RQ)

Is there correlation between product profitability (DV) and product sales (IV).

Hypothesis statements:

(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.