Framework for Hypothesis Development and Analysis PPT

This PPT slide, part of the 15-slide PRICE Hypothesis Generation Framework PowerPoint presentation, outlines a structured approach to formulating hypotheses by addressing 3 critical questions. This framework is essential for ensuring that hypotheses are comprehensive and actionable. The first question, "What is creating the phenomenon?" prompts the analyst to identify the underlying causes or factors contributing to the observed situation. This step is crucial for establishing a foundation for further exploration.

The second question, "What is the observable phenomenon?" encourages a clear definition of what is being studied. This involves identifying specific metrics or indicators that can be measured, allowing for a more objective analysis. By focusing on observable elements, the hypothesis gains clarity and direction.

The third question, "What is the outcome of the phenomenon?" shifts the focus to the implications or results of the identified phenomenon. Understanding the outcomes helps in assessing the potential impact and relevance of the hypothesis. This structured inquiry not only aids in hypothesis generation, but also facilitates deeper analysis and strategic decision-making.

The arrows connecting the questions suggest a flow of logic, indicating that each question builds upon the previous one. The slide also includes prompts for further elaboration, such as "Due to..." and "Resulting in...," which guide the user in articulating the relationships between causes, observable phenomena, and outcomes. This structured approach is particularly valuable for executives looking to enhance their strategic thinking and ensure that their hypotheses are robust and well-founded.

This slide is part of the PRICE Hypothesis Generation Framework PowerPoint presentation.

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