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Updated June 16, 2016. A hypothesis is a tentative statement about the relationship between two or more variables. A hypothesis is a specific, testable prediction about what you expect to happen in your study.
Association is a property of two or more variables. In this example, the two variables are the amount an individual spends on healthcare, and the number of additional years the individual survives. Association is not the same as causation: Two variables can be strongly associated but have no causal connection, or can have a causal connection and no discernible association.