P2 Work: Assumption Testing

The assumption I was assigned to test is that college students generally lack knowledge of the leasing process and therefore are relatively unprepared. This is an essential assumption to our product because one of key features is the educational tool and guidance throughout the leasing process to teach students how to find listings, how to read contracts, how to confirm payments, etc. If our assumption is false and students are already prepared to find housing, this feature would no longer be beneficial to them. However, my testing proved that our assumption was correct because the average score was below a passing grade, indicating that many students may require support when leasing an apartment.

Notes:

  • Created a 5 question multiple choice quiz on key housing terms
    • Questions:
      • When calculating the total cost of renting an apartment, what are “ancillary fees”?
      • What is the difference between “market rent” and “contract rent”?
      • When renting off-campus housing, what does the term “co-signer” typically refer to?
      • When does the lease typically start for most off-campus apartments?
      • In the context of off-campus housing, what does the term “rent abatement” refer to?
  • Sent out quiz to stanford students and students from other state schools
  • Accumulated 20 responses
  • Results
    • Average: 2.2/5
    • Median: 2/5
    • Question Accuracy: 30%, 77.8%, 55.6%, 40%, 30%

the-test-card

Avatar

About the author