Author: Lavisha Nawal
Introduction: Stock market apps are mobile platforms that allow users to trade stocks, track market performance, and manage investment portfolios conveniently. These apps provide real-time market data, financial news, and analysis tools, enabling users to make informed trading decisions. This report examines four popular options, Groww, Angel One, Upstox, Zerodha Kite. Many of these apps are tailored for both beginner and experienced investors, offering educational resources and user-friendly interfaces.
Objective: Find out whether all stock market apps are same or not.
Data Collection: Primary data was collected in a classroom setting, with 25 students participating. The students provided ratings on a scale of 1 to 10. The collected data was subsequently analyzed, and an ANOVA table was generated for further statistical interpretation.
Data Analysis:
Ho: All stock Market apps are same.
H1: Any one of the stock market apps is different.
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Anova: Single Factor |
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SUMMARY |
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Groups |
Count |
Sum |
Average |
Variance |
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Groww |
25 |
230 |
9.2 |
0.666667 |
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Angel One |
25 |
191 |
7.64 |
1.406667 |
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Upstox |
25 |
163 |
6.52 |
5.51 |
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Zerodha Kite |
25 |
143 |
5.72 |
6.293333 |
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ANOVA |
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Source of Variation |
SS |
df |
MS |
F |
P-value |
F crit |
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Between Groups |
170.67 |
3 |
56.89 |
16.39875 |
0.000 |
2.699393 |
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Within Groups |
333.04 |
96 |
3.469167 |
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Total |
503.71 |
99 |
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The above annova table shows the P value which determines whether we accept or reject the null hypothesis and vice versa. The P value for the data collected and analyzed is 0.000, which is less than 0.5 meaning we accept alternate hypothesis.
Conclusion: P value is 0.000 which is less than 0.05 therefore we reject null hypothesis and accept alternate hypothesis, that concludes that any one of the stock market apps is different.