Page 105 - MUDRA ANUBHAV
P. 105
Table No. 17 - Descriptive and ANOVA
(Purpose of Loan Vs. Age of Business)
Age of busi- N Mean Std. De- F Sig.
ness viation
Up-to 5 149 3.02 149
years
5-10 years 39 3.56 39 3.469 0.033
More than 33 4.06 33
10 years
Total 221 3.27 221
A One-Way ANOVA was conducted to test whether
there is any significant difference exist amongst
the age brackets of businesses when they avail
loan for various purpose. For this study three types
of locations, rural, sub-urban, and urban were
considered.
The Descriptive and ANOVA (Table No.17) tries to
figure out, is there any significant difference exist
amongst the age brackets of businesses when
they avail Mudra loan for various purpose? In this
study it is observed that the (F = 3.469, Sig. =
0.033 is < 0.05). This clearly indicated that there
is significant difference exist amongst the age
brackets of businesses when they avail Mudra
loan for various purpose and hence alternative
hypothesis is supported.
91
