Title– Comparison of Four Watch Brands- Titan, Fossil, Casio, Timex
Author– Soumya Gopal Mukhopadhyay
Introduction– The popularity and use of four watch brands—Titan, Fossil, Casio and Timex are examined in this paper. The survey is to give the essential details regarding people’s preferences for these watches in terms of use, cost-effectiveness, durability, gifting, etc.
Objective– To compare four watch brands
Data Collection– For this research project, a survey of 25 participants was conducted to find out which watch brands they favoured. This study was able to get the participants’ opinions and evaluations regarding the four timepieces by having them rate each one on a scale of 10. A study using anova single factor has been conducted based on the data gathered, offering insights into their relative strengths.
Data Analysis-
|
Anova: Single Factor |
||||||
|
SUMMARY |
||||||
|
Groups |
Count |
Sum |
Average |
Variance |
||
|
10 |
24 |
206 |
8.5833333 |
3.731884 |
||
|
9 |
24 |
191 |
7.9583333 |
3.693841 |
||
|
10 |
24 |
200 |
8.3333333 |
2.753623 |
||
|
6 |
24 |
164 |
6.8333333 |
4.666667 |
||
|
ANOVA |
||||||
|
Source of Variation |
SS |
df |
MS |
F |
P-value |
F crit |
|
Between Groups |
43.0312 |
3 |
14.34375 |
3.864674 |
0.01184507 |
2.703594041 |
|
Within Groups |
341.458 |
92 |
3.7115036 |
|||
|
Total |
384.49 |
95 |
|
|
|
|
Conclusion– As the P value is 0.01, which is lesser than 0.05, we accept alternate hypothesis and reject null hypothesis. This means that any one of them is different that is why the anova single factor result shows the p value to be lesser than 0.05. Based on the anova results, we can conclude that there may be significant differences between the four watches and any one of them is different.