Title: – One Way ANOVA calculated of 4 Toothpaste
Author: – Rohan Narwane (MMS First Year Batch B, Roll no. 0222102) Kohinoor Business School, Kurla.
Introduction:
In this analysis, 4 Toothpaste Companies have been taken
The Indian oral care market, which includes toothpaste, toothbrushes, tooth powder, mouthwash, and denture care, is worth 15,000 CR.
The toothpaste market is the most important, accounting for 70% of the oral care market. The toothpaste market is expected to be around 10,000-12,000 CR.
Colgate Palmolive India Limited (CPIL) is the market leader in terms of value at 48.3% as of March 2020. HUL is in second place with a distant 16%. Dabur is gaining up to HUL, with a market share of 13.4%. Patanjali now has a 9.2% share of the Indian toothpaste market, compared to GSK’s 7.9%.
Objective:
To Compare 4 Toothpastes by the way of One Way ANOVA.
Data Collections:
Students of our batch were requested to grade the following Automobile
Companies on the scale of 1-10 and One-Way ANOVA was calculated.
Data Analysis:
Hypothesis:
H0: All Automobile Companies are equal (A=B=C=D)
H1: Any one of the Automobile Companies is different.
|
ANOVA |
||||||
|
Source of Variation |
SS |
df |
MS |
F |
P-value |
F crit |
|
Between Groups |
2.72 |
3 |
0.906667 |
0.119063 |
0.9487 |
2.699393 |
|
Within Groups |
731.04 |
96 |
7.615 |
|||
|
Total |
733.76 |
99 |
|
|
|
|
Result:
As calculated F (0.119) is less than the critical value (2.72) so accept H0, reject H1, means all are same