Rating given by students to different trading companies

Title: Rating given by students to different trading companies.

Author: Tejas Ghuge

Introduction: Trading companies play a crucial role in the global economy by facilitating the exchange of goods and services across borders. These companies act as intermediaries, buying products from manufacturers and selling them to retailers or consumers, often leveraging their expertise in logistics, finance, and market analysis. Trading companies contribute to market efficiency by providing access to products that may not be readily available in certain regions. They help businesses navigate regulatory challenges, manage supply chains, and optimize pricing strategies.

Objective: To compare different trading companies.

Data Collection:
The Data was collected from students by means of survey. Each student rated four trading companies options i.e. Upstox, Grow, Angelone, Zerodha on a scale of 1 to 10, were 1 indicates low preference and 10 indicates high preference. The ratings for each genre were recorded for analysis.

Data analysis:

The ANOVA: Single Factor test was performed to compare the means of the ratings across the four trading company options.

The hypotheses for the test are:

Null Hypothesis (H0): There is no significant difference in the average ratings of Upstox, Grow, Angelone, Zerodha.
Alternate Hypothesis (H1) At least one of the company has a significantly different average rating.

 

ANOVA

 

 

 

 

 

 

Source of Variation

SS

df

MS

F

P-value

F crit

Between Groups

2.351133

3

0.783711

0.115097

0.951003

2.726589

Within Groups

510.6868

75

6.809158

 

 

 

 

 

 

 

 

 

 

Total

513.038

78

 

 

 

 

 

 

Since the P-value (0.95) is much greater than 0.05, we accept the null hypothesis.

 

Conclusion: As per the data analysis, there is no significant difference in the average ratings of Upstox, Grow, Angelone, Zerodha.

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