One Way ANOVA calculation of 4 UPI Payments App.

Title : One Way ANOVA calculation of 4 UPI Payments App.

Author: Sandesh Ambhore, MMS, Batch B Roll No.67

Introduction:

In this analysis 4 UPI Apps have been taken, namely:

  1. Google Pay

Developed by Google, this UPI app was widely used for various payments and transactions. Google Pay (GPay) is a widely used digital payment platform developed by Google, allowing users to make secure and convenient transactions, including payments, money transfers, and bill payments, through their mobile devices.

 

  1. Paytm

Paytm is a prominent Indian digital wallet and financial services app that enables users to make a wide range of online transactions, including mobile recharges, bill payments, and online shopping, with ease and convenience.

 

  1. PhonePe

PhonePe is a UPI-based payment app owned by Walmart. It offered a range of services, including bill payments and mobile recharges. PhonePe is a popular Indian digital payment app that offers a wide range of financial services, allowing users to make secure payments, transfer money, recharge mobiles, and pay bills through their mobile devices with ease and efficiency.

 

  1. Amazon Pay

Amazon Pay is a payment service provided by Amazon that allows users to make online payments for a variety of goods and services, both on and off the Amazon platform. It offers convenience and security for transactions, making online shopping and bill payments hassle-free.

 

Objective: To compare 4 UPI Payments App by the way of One Way ANOVA.

Data Collection: Students of our Batch were requested to grade the following UPI Apps on the scale of 1-10 and One way ANOVA was calculated.

Data Analysis:

Hypothesis:

H0: All businessmen are equal (A=B=C=D)

H1: Any one of UPI payments app is different.

Source of Variance

SS

DF

MSS

F

Between Groups

20.675

3

6.891

 

Within Groups

98.7

36

2.741

 

Total

119.375

39

 

2.51

 

Result: Table F=0.05, 3 DF, 36 DF = 2.866

As Calculated F =2.51 is more than tabulated F=2.866, accept H1, reject H0, which means any one of UPI Payment application is different.

 

 

 

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