The purpose of this assignment is to choose one market disruption problem from Topic 1, then develop a hypotheses statement which identifies the associated independent and dependent variables that are measurable, testable, and meaningful. You will build three versions of the same hypothesis statement. Each version will be an improvement upon the prior versions such that you optimize it. Consider all potential issues from the Topic 1 assignment and choose a single problem to potentially solve. Be sure to select a problem that is not yet solved. Remember, a hypothesis is just an “I think” statement that needs to be fully developed with potential solutions and variables. Ultimately, much time and money could be spent on this issue, so it is imperative to spend time upfront with this brainstorming process around various hypotheses.
Use the “Hypothesis Statements – Overview and Template” resource to complete this assignment. You will need to complete Parts 1 and 2 in the template. Complete the hypotheses grid using good, better, and best versions of the three hypotheses related to the single problem you have identified and the solution you have proposed for the problem. Include the dependent and independent variables for each. You will also compose a short summary in Part 2 within the template. Note: This assignment will impact future assignments throughout the course, including the Topic 5 individual assignment, the Draft Summary Business Model Canvas.
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