using [[🤹♀️sampling based hypothesis testing for experiment]] and [[🚕taxie]]
# Entrepreneurial Testing Case Analysis Template
## 1. Core Hypothesis Components
| Component | Description |
|-----------|-------------|
| Value Creation Hypothesis | What is the core value creation hypothesis being tested? |
| Initial Priors (μφ) | What were the initial beliefs about market potential? |
| Implementation Capability (μθ) | What were the assumptions about implementation capability? |
| Correlation (ρ) | How correlated were market potential and implementation capability? |
## 2. Testing Sequence & Bias Mitigation
| Testing Phase | Description | CFO Analysis |
|---------------|-------------|--------------|
| Validation Testing (p(φ)) | How was market potential tested? | Criticality: <br>Fidelity: <br>Opportunity Cost: |
| Verification Testing (p(θ\|φ)) | How was implementation tested? | Criticality: <br>Fidelity: <br>Opportunity Cost: |
## 3. Cost Components
| Cost Type | Mitigation Strategy | Actual Implementation |
|-----------|-------------------|----------------------|
| ValidApproxBiasCost | How was hypothesis refined? | |
| ValidStatBiasCost | How was sample size handled? | |
| VerifApproxBiasCost | How was testing accuracy improved? | |
| VerifConvgBiasCost | How was testing time/resources managed? | |
| OpportunityCost | How were strategic costs minimized? | |
## 4. Learning Outcomes
| Aspect | Initial Belief | Testing Method | Final Learning |
|--------|---------------|----------------|----------------|
| Market Potential | | | |
| Implementation | | | |
| Strategic Decision | | | |