Your manager has suggested that you should implement a new pricing strategy in order to attract more young people in order to purchase your goods.
However, the new pricing strategy is profitable only if it is able to attract more than 5% of young people. Market researcher has collected
the data and found that in a random sample of 1,225 young people only 4% of young people would purchase your goods under the new pricing strategy.
Can you say that new pricing strategy in not worth implementing?