Page 74 - IMDR MSME BOOK 2021

Managing Finance in Micro, Small & Medium Enterprises
Table No. 9 - Evaluation of Compliance
Management System

Figure No. 21 -Evaluation of Compliance Management System

78% 17%

85% 12%

80% 16%

73% 23%

Inferential Analysis

Descriptive statistics helps in summarizing the data
whereas for further understanding the explanation
for a situation and to draw a conclusion inferential
statistic plays a vital role.
With the purpose to infer the characteristics of the
population (MSME units) and the relationship
among research variable some inferential statistics
has been applied. Accordingly, hypothesis has been
drawn to know linkage between some signicant
research variables which helps to understand the
effectiveness of nancial management of MSMEs.