Professional Documents
Culture Documents
By Hustlers (4A)
Soumya Tiwary (140040)
Anurag (140007)
Monu Kumar (140024)
Sneha Anand (140039)
Shantanu Sinha (140034)
Monik (140087)
Summary
Jayalaxmi Agro Tech (JAT), a company based out of Bellary in Karnataka and
co-founded by Anand Babu, strives to keep the Indian farmer informed about the
modern best practices, thereby boosting the agricultural yield. The company's
languages with heavy emphasis on audio-visual content to break the language and
literacy barrier prevalent in rural areas. The farmer is empowered with the right
information at the right time to make agriculture sustainable and more profitable.
raw silk) to improve income of silk producers. Karnataka is one of the largest
producers of raw silk in India. Sericulture requires less investment but offers high
the leaves of which are used to feed the silkworms. The yield of sericulture is
heavily dependent on the quality of inputs such as the type of silkworm breed
silkworm rearing house. Jayalaxmi Agro Tech collected farmer level data on
and Tumakuru in the state of Karnataka. The company wanted to analyze the data
collected to gain insights so that they could make grassroot level impact by fine
The data collected from sericulture farmers can be used for conducting simple
hypothesis tests and build regression models to understand the factors that are
associated with income generated in agriculture. The idea is to share insights with
Hypothesis Development:
As we are intending to study the factors that affect the income generated in
Income per acre is going to be our dependent variable (Y), and the other factors
variables.
(seri_total_subsidy)
(instrument_mgmt_cost)
(years_of_exp_in_sericulture)
direction as well as better understanding about the subject matter of the study.
Null Hypothesis
taken by the farmer, Total subsidy received from the sericulture department,
Methodology:
I will be using Multiple Linear Regression. I filtered my data for dependent and
independent variables. Then I applied multiple linear regression model and the
llows.
This Multiple R is the correlation coefficient which tells us how strong the
linear relationship is. In this case its about 53%. This means that the linear
relationship between variables is 53% strong and the variables have a weak
positive relationship.
Standard error is 33227 which means that this much change in the income of
farmers is not because of the taken independent variables. Other factors might
have caused this change which we have not considered. It’s the error term.
Square. Here the value is 26% which means that the independent variables
explain about 26% of the variation in dependent variable, and the independent
and say that the income is affected by most of our independent variables.
We will now analyze each of our independent variable and will see how they
respond to income. The y-intercept value represents what would be the value of
The p-value of rearing cost is less than 5% so we will reject the null hypothesis
and will say that it has an effect on the income of the farmer per acre. The
correlation between income and rearing cost. For every 1 rupee rise in rearing
cost, the income will increase by 0.224 rupees. The t-stat value is 3.14 which is
Crop insured:
between income and the insurance of crops. P-value clearly indicates that we
can reject the null hypothesis and state that there exists a relationship between
these 2 variables. The insurance of crops will reduce the income by 14906.
Years of experience:
cannot reject the null hypothesis and say that the income is not as such affected
Training on sericulture:
The p-value in this case is less than 5% so we can reject the null hypothesis and
state that there exists a relationship between income and training on sericulture.
As the p-values of both these variables are less than 5% so we reject the null
hypothesis and state that the income is impacted by these two variables. The
Loan amount:
The p-value in this case is quite less than 5% so we reject the null hypothesis
and state that there is a relationship between loan amount and income. As the
reject the null hypothesis and we conclude that the income is not affected by
Recommendations:
The rearing cost should be increased as its positively related to the income of
the income. The use of biofertilizers should be increased and farmers are
amount negatively impacts the income of the farmer so it should also needs to
be decreased.
Difference in income of farmers by Districts:
Null hypothesis:
Alternate hypothesis:
Methodology
As the Test statistic is grater than F critical value so we can easily reject the
null hypothesis and state that there lies a difference in income by districts.
Hypothesis
Null Hypothesis
Jayalaxmi Agro Tech (JAT) believes that the average income per acre from
Alternate Hypothesis
Jayalaxmi Agro Tech (JAT) believes that the average income per acre from
Methodology
Conclusion
Do not reject H0
Therefore, we can conclude that the assumption for average income at least ₹ 35000 per acre
(σ Unknown)
Hypothesis
Null Hypothesis
Jayalaxmi Agro Tech (JAT) believes that the average income per acre from
Alternate Hypothesis
Jayalaxmi Agro Tech (JAT) believes that the average income per acre from
Methodology
Conclusion
Therefore we can conclude that the assumption for average income at least ₹
Karnataka.
Hypothesis
The claim is that the proportion of female sericulturists is less than 15%.
Null Hypothesis
Alternate Hypothesis
Ha < In Karnataka, the proportion of female sericulture is greater than or equal to 15%
Methodology
Do not reject H0
We conclude by saying that the claim that the proportion of female sericulturists