Analysis of market research project. Business & Marketing Essay (Essay Sample)
Analysis of market research project
source..Question one.
* Hypothesis stating
Ho: The average number of hours spent working out each year does not differ between employed and unemployed.
H1: The average number of hours spent working out each year differ between employed and unemployed
* Significance level
For this question I will apply 5% statistical significance level, α=0.05
* SPSS analysis(independent t-test)
Group Statistics
Employment Status
N
Mean
Std. Deviation
Std. Error Mean
Fitness Hours
Employed
179
69.51
76.995
5.755
Unemployed
186
90.85
121.369
8.899
Independent Samples Test
Levene's Test for Equality of Variances
t-test for Equality of Means
F
Sig.
t
df
Sig. (2-tailed)
Mean Difference
Std. Error Difference
95% Confidence Interval of the Difference
Lower
Upper
Fitness Hours
Equal variances assumed
4.031
.045
-1.997
363
.047
-21.341
10.685
-42.353
-.329
Equal variances not assumed
-2.014
314.855
.045
-21.341
10.598
-42.192
-.489
* The test statistic and p-value
The t-statistic from the SPSS output is t=1.997 and the p-value is 0.047.
* The decision
Since the P-value for the t-statistic is less than 0.05 we reject the null hypothesis.
* Conclusion
Based on the test of hypothesis, the differences exist in the number of hours working out last year between employed and unemployed people.
Question Two.
* Hypothesis stating
Ho: there is no association between total personal income and how much they spend gambling
Ho there is an association between total personal income and how much they spend gambling
* Significance level
For this question I will apply 5% statistical significance level, α=0.05
* SPSS analysis (correlation Analysis)
Scatter Plot
Correlations
Gambling Spend
Income
Gambling Spend
Pearson Correlation
1
.105
Sig. (2-tailed)
.309
N
108
95
Income
Pearson Correlation
.105
1
Sig. (2-tailed)
.309
N
95
95
* The test statistic and p-value
As per the SPSS output the Person correlation coefficient between Gambling spent and income is 0.105 and the p-value is 0.309
* The decision
Since the P-value for the Pearson correlation -statistic is greater than 0.05 we fail to reject the null hypothesis.
* Conclusion
Based on the test of hypothesis, there is an association between total personal income and how much they spend gambling Significance level
Question Three.
* Hypothesis stating
Ho: there is no relationship between age and attitude toward gaining university qualification
of
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