CourseCode: QTT509 CourseTitle: Statistical Analysis for Decision Making

Course Instructor: Mr. Prashant Chauhan

Academic Task No.: CA-02Academic Task Title: STATE/UT GDP ANALYSIS

Date of Allotment: 24th august 2019 Date of submission: 30th September 2019

Student’s Roll no: Q1953 A08 Student’s Reg. no: 11906810

Evaluation Parameters: Introduction(5 marks), review of literature(5 marks), Ideas(5 marks), Methodology(5
marks), Data analysis , interpretation and conclusion(10 marks)

Learning Outcomes:
1. To analyse the data on GDP of various states and Union Territories using
statistical tools and interpreting them.

Declaration:

I declare that this Assignment is my individual work .I have not copied it

from any other student’s work or from any other source except where due
acknowledgement is made explicitly in the text, nor has any part been written for me
by any other person.

Student signature: Malve .Pravallika

Evaluator’scomments(For Instructor’s use only)

General Observations Suggestions for Best part of assignment
Improvement

Evaluator’sSignatureandDate:
Marks Obtained: Max.Marks: …………………

Peer rating : 1.Patan Mohammed jakriya

2. Malve. Pravallika
3. Vengala sreekanth reddy
STATE/UT WISE GDP ANALYSIS
 INTRODUCTION:
This data file is about different states contribution in India’s Gross Domestic Product.
Gross Domestic product is a monetary measure of the market value of all the final
goods and services produced in a specific time period, often annually.
An IMF publication states that, "GDP measures the monetary value of final goods and
services that are bought by the final user produced in a country in a given period of
time.
Gross Domestic Product determines the growth of the country, continuous growth of
GDP over different quarters resembles country is growing. GDP is also used to
measure the effects of inflation and deflation.
Sum of state wise GDP is country’s GDP, so in this data we’ll check contribution of
different states in county’s overall GDP. State wise GDP contribution was taken from
the year 2004-05 to 2014-15, with this one can check states improvement in GDPs
contribution. Gross state domestic product is calculated at current prices.
India’s GDP growth slows to 5% in April-June 2019. From last five quarters
India’sGDP is declining, in current situation India is having slow economic growth.
Generally, GDP can be calculated by using three methods
1) Expenditure method
2) Income Method
3) Value Added Method
  REVIEW OF LITERATURE:
-WORLD BANK DOCUMENT
Data sheet is explaining about the state wise GDP in crores and with growth rate. It shows
the performance of the states according to the facts and figures. In this case maximum GDP
in Maharashtra at 1510132 in crores and minimum GDP in Andaman and Nicobar at 6150 in
crores. Maximum GDP Growth rate in Pondicherry at 22.5% and Minimum GDP Growth
rate in Orissa at 8.66%

Jharkhand is having lowest GDP growth rate in 2004-05 of 1.91% at

59758 .While at the end 2013-14 of 13.93% at 172773.It seems that fluctuating the growth
rate .Pondicherry is having highest growth rate in both 2004-05 and 2013-14 at 38.36% and
22.5%.It shows that the GDP of Pondicherry is most fluctuating when comparing to the all
other countries .Maharashtra is having highest GDP in both 2004-05 and 2013-14 as it is
financial capital of country

All the States of GDP are developed in nature after all fluctuating. These
fluctuating are in highest peak and declining in fast mode and again recovering back. GDP is
in highest to lowest are in this position of states are Maharashtra, UttarPradesh, Tamil Nadu,
WestBengal, Gujarat, Karnataka,Andhra Pradesh and so on 2004-05. While in 2013-14
Maharashtra, Uttar Pradesh, Tamil Nadu, Gujarat, Karnataka, Rajasthan, Andhra Pradesh and
so on. The first five states are performing very good in GDP .Pondicherry is having lower
GDP but it contributes highest growth rate in GDP . It shows that Pondicherry if fastest
growing and also fastest declining which is fluctuating more in nature .

First during 2004-08 we see a rapid pace of growth with the average
growth rate reaching an unprecedented high of 8.8 percent a year. this can be attributed to a
combination of external and domestics factors. Among external factors high growth reflected
a global economic boom in which large parts of the world economy including the Indian
economy grew rapidly.

In the wake of the 2008-09 global financial crisis the india economy
slowed. this was reflected most remarkably in a slowdown in investment exports credit
manufacturing and construction. the slowdown can be traced back to tepid global growth that
dragged the india economy with it.
 IDEAS:
1. Average GDP
2. Minimum and Maximum GDP in crores
3. Minimum and Maximum GDP in growth rate
4. Performance between two states of GDP growth rate
5. Performance of all states in 2013-14
 METHODOLOGY: -

The following methods/tools are used in performing data analysis of GDP data

 Maximum function: - Max function is used to get the highest value of selected
data. In our data we used max function to know which state contributed more to
country’s GDP.
 Minimum function: - Min function is used to get the lowest value of selected
data. In our data we used min function to know which state contributed less to
country’s GDP.
 Histogram: - Histogram is an accurate representation of the distribution of
numerical data. In our data we used histogram to know the distribution of
different states GDP for the year 2013-14.
 Line graph: - line graphs are used to check changes over long period of time. Line
graphs are used to compare changes for more than one group. In our data we used
line graph to compare changes of two states contribution in countries GDP.
 Mean: - mean is the average of selected data, in excel we calculate mean by using
average function.
 Standard Deviation: - standard deviation is used to calculate how much the value
is deviated from mean.
  DATA ANALYSIS:
Analysis of the State/UT Gross Domestic Products at current price of various state. In this
data the Maharashtra having maximun GDP value is 1510132 crores. Andaman and Nicobar
Islandhaving minimun GDP value is 6150 crores. The mean of the all States/UT GDP value
in 2013-2014 is 311088, this shows that average value of the all state /ut GDP. The Median
of the all state/ut of GDP value is 185682. The standard deviation sample of all states/ut GDP
is 341409.5502. The standard deviation population of all states/ut GDP is336196.8846. The
maximum value of the GDP at 2013-2014 is 1510132. The minimum value of the GDP at
2013-2014 is 6130. With help of maximum and minimum we can write bin values.
After appling Histogram , the table of bin and frequency is drawn below.
Bin Frequency
6000 0
86000 12
166000 3
246000 2
326000 2
406000 5
486000 2
566000 1
646000 1
726000 1
806000 1
886000 2
966000 0
1046000 0
1126000 0
1206000 0
1366000 0
1446000 0
1526000 1
1606000 0

From above table we analysis that 12 number of states are in this margin of 86000 crores, five states
are in the margin of 406000 crores, three states are in the margin of 166000, the highest GDP of
Maharashtra in the margin of 1526000.
The Histogram chart is drawn below

By comparing GDP growth rate betweeen Maharashtra and Andaman Nicobar Island is
analysis by using line chart.
The line chart of GDP growth rate is drawn below
  INTERPRETATION:
 Histogram:Advantage of histogram is the process location is clearly identifiable.
There in case the distribution is not in normal nature i.e histrogram of skewed
process with non normal distribution. In these case the more States/UT are having
GDP under 86000 so that the frequency is 12.
In these case the histogram is in the right skewed in nature has a peak it start from
from the left and gradually tapering right of the graph. The mean is located in the
right side of the graph. The mean value is greater value than either the median or
mode. This shape indicates that there number data points, perhaps outlayers, that are
greater than mode.This right skewed distribution indicating that the GDP is slided
slow down.
 Line chart:The line chart shows that the percentage change of GDP growth of
Maharashtra and andaman nicobar island from previous year to 2013 -2014.
 Mean:Using the mean to describe the sample with a single value that represents the
average value of the selected data. The mean value of the all state/ut of GDP at
2013-2014 is 311088.
 Median:The median that measures the central tendency. The median value of all
states/ut GDP is 185682. Its show that middle value of the selected data.
 Standard deviation:
Standard deviation is a measure of the average distance between the values of the
set data in the set and the mean. A low standard deviation indicates that the data
points tend to be very close to the mean and a high standard deviation indicates that
the data points are spread out over a large range of values. In addition to exprssing
the variability of a population, standard deviation is commonly used to measure
confidence in statistical conclusion. The standard deviation is a natural measure of
statistical dispersion . if the center of the data is measured about the mean because
the standard deviation from the mean is smaller than from any other point. The
sample standard deviation of all states/ut of GDP at 2013-14 is 341409.5502. The
population standard deviation of all states/ut of GDP at 2013-14 is 336196.8846.

 Minimum and maximum GDP in crores in 2013-14

Particulars State /UT In Crores

Maximum GDP in value Maharashtra 1510132

(cr)
Minimum GDP in value Andaman and Nicobar 6150
(cr)

 Minimum and maximum GDP in growth rate in 2013-14

Particulars State /UT In rate
Maximum GDP in growth Pondicherry 22.5
rate
Minimum GDP in Growth Orissa 8.66
rate
 CONCLUSION:
Data sheet explaining is about state wise GDP at current rate
based .It shows that performance of the state . And it is having the GDP growth
rate is shown on every year . GDP growth is fluctuating more in all states of our
country .All the states are in good GDP but when compared to 2004-05 it is slightly
declined in 2013-14 .
This data is right skewed in nature .A ll the states of GDP
growth rate is taken a base year as 2004-05 . The first five states are strong in GDP
and they are interchangining in first five places only .The first five states are
having high economic stability like Maharashtra and Uttar pradesh and also
Maharastra is financial capital of India.