Estimate simple probability and test hypotheses using the provided Sample Data set.
Probability: Find the Region variable in the Sample Data set. Using the Sample Data set, create a frequency distribution or a histogram. Based on the frequency distribution or histogram, estimate the probability associated with each region. The focus of your analysis will be on the marketing strategy and analysis-related topics.
Test the following hypotheses:
Hypothesis 1: Age (of residents) of Region 1 > Age of Region 7
Hypothesis 2: Wealth score of mail donors ≥ Wealth score of mail non-donors
Specify your hypothesis completely in terms of null and alternative; detail your findings and conclusions.
Submit answers in a 3- to 4-page Microsoft Word document.