Title: One Way ANOVA calculated of 4 Automobile Companies.
Author: Aalisha Bapu Mankar, MMS, Batch A Roll No. 37
Introduction:
In this analysis, 4 Automobile Companies have been taken which is given below;
1. Tata Motors
Among the\u00a0top automobile companies in India, Tata Motors is the first choice of Indian
people. While the automobile industry in India is a growing market, several companies
have a global reach. One of the most successful is Tata Motors Ltd, a leading automobile
manufacturer with a huge market share outside India. Tata Motors has entered new
markets by launching a new pickup truck and passenger car. The company's success relies
on a comprehensive year-end analysis to evaluate its current position and external factors.<\/p>\n
2. Mahindra & Mahindra\u00a0
Founded in 1945, Mahindra & Mahindra Ltd is a global company specializing in
manufacturing trucks, buses and other commercial vehicles. While its largest product line
is tractors, Mahindra & Mahindra also offers two-wheelers, electric vehicles and tractor
solutions. Mahindra and its trucks top the list when it comes to heavy-duty tractors. This
company is also the largest manufacturer of SUVs in India, making vehicles such as the
Mahindra Scorpio, the Mahindra Thar and the Mahindra XUV 500. It also makes the
Mahindra XUV 700, which is a luxury SUV.<\/p>\n
3. Hero Moto Corp Ltd
Hero is among the leading\u00a0automobile companies in India, with an operating profit
margin of over 12%. The company has almost no debt and more than\u00a0200 crores\u00a0in cash
reserves. In addition, it generates over\u00a050 crores\u00a0in free cash flow each year, more than
three times its annual spending. However, Hero does have a few areas that could be
improved, including improving its product mix. The company has been in a partnership
with Honda for ten years. During this time, they relied heavily on Honda's technology.
They are doing their research to develop the best technologies for all their vehicles.<\/p>\n
4. Ashok Leyland Ltd
Ashok Leyland Ltd. is an Indian multinational automobile company headquartered in
Chennai, Tamilnadu. Its chairman and chief executive officer are Dheeraj G. Hinduja.
The company is the second-largest manufacturer of commercial vehicles in India. In April
2017, the company introduced IEGR technology in engines up to 400 HP. Originally
introduced to meet BS-IV emission norms, IEGR has since been used on BS-VI vehicles.
Among other innovations, Ashok Leyland introduced full-air brakes in its commercial
vehicles. It also manufactured the country's first double-decker bus.<\/p>\n
Objective: To Compare 4 Automobile Companies by the way of One Way ANOVA.
Data Collection: Students of our batch were requested to grade the following Automobile
Companies on the scale of 1-10 and One-Way ANOVA was calculated.<\/p>\n
Data Analysis:
Hypothesis:
H0: All Automobile Companies are equal (A=B=C=D)
H1: Any one of the Automobile Companies is different.<\/p>\n
ANOVA
Source of
Variation SS df MS F P-value F crit
Between
Groups<\/p>\n
17.4166
7 3<\/p>\n
5.80555
6
0.61880
1
0.60794
1
2.9011
2<\/p>\n
Within Groups<\/p>\n
300.222
2 32<\/p>\n
9.38194
4<\/p>\n
Total<\/p>\n
317.638
9 35 \u00a0 \u00a0 \u00a0 \u00a0<\/p>\n
Result: Table F=0.05, 3 DF, 32DF = 2.9011
As calculated F=0.6188 is less than tabulated F=2.90112. Hence accept H0 and reject H1,
which means all Automobile companies are Equal.<\/p>\n","protected":false},"excerpt":{"rendered":"
Title: One Way ANOVA calculated of 4 Automobile Companies.Author: Aalisha Bapu Mankar, MMS, Batch A Roll No. 37Introduction:In this analysis, 4 Automobile Companies have been taken which is given below;1. Tata MotorsAmong the\u00a0top automobile companies in India, Tata Motors is the first choice of Indianpeople. While the automobile industry in India is a growing market,… Continue reading One Way ANOVA calculated of 4 Automobile Companies.<\/span><\/a><\/p>\n","protected":false},"author":138741,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-18643","post","type-post","status-publish","format-standard","hentry","category-management","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/18643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/138741"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18643"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/18643\/revisions"}],"predecessor-version":[{"id":18644,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/18643\/revisions\/18644"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18643"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}