Title: Analysis of Investment Platforms
Author: Harshita Thakur (021330024215)
Introduction:
Zerodha is known for its low brokerage fees and intuitive interface, making it a popular choice for both beginners and experienced traders. Groww offers a user-friendly platform for investing in stocks and mutual funds, emphasizing simplicity and transparency. Upstox provides competitive pricing and advanced trading tools, catering to active traders. Motilal Oswal combines a robust research framework with a range of investment options, appealing to those seeking comprehensive market insights. Each platform has its unique strengths, catering to different investor needs.
Objective:
To assess the preferences and experiences of colleagues regarding investment platforms.
Data Collection:
I conducted a survey among 25 of my colleagues to gather their ratings and feedback on investment platforms, including Zerodha, Groww, Upstox, and Motilal Oswal.
Data Analysis:
Null Hypothesis: There is no significant difference in rating of four Investmet Platforms(Zerodha,Upstox,Groww,Motilal Oswal).
Alternate Hypothesis: There is a significant difference in ratings between at least one pair of the Investment Platforms.( Zerodha,Upstox,Groww,Motilal Oswal).
|
Source of Variation |
SS |
df |
MS |
F |
P-value |
F crit |
|
Between Groups |
50.75 |
3 |
16.91666667 |
2.2625947 |
0.0860897 |
2.6993926 |
|
Within Groups |
717.76 |
96 |
7.476666667 |
|
|
|
|
|
|
|
|
|
|
|
|
Total |
768.51 |
99 |
|
|
|
|
Conclusion:
The significance value from the survey analysis is greater than 0.05 i.e., 0.08, leading us to accept the null hypothesis. This indicates that there is no statistically significant difference in the ratings of Zerodha, Groww, Upstox, and Motilal Oswal.