Conclusion-

Hypothesis testing-
JP
2021-Opening-

 Claim- The average opening price of stock may be equal to 9

 Null hypothesis- The average opening price may be 9
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 9

2021-Closing-

 Claim- The average opening price of stock may be equal to 9

 Null hypothesis- The average opening price may be 9
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 9

2020-Opening-

 Claim- The average opening price of stock may be equal to 3

 Null hypothesis- The average opening price may be 3
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 3

2020-Closing-

 Claim- The average opening price of stock may be equal to 3

 Null hypothesis- The average opening price may be 3
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 3

2019-Opening-

 Claim- The average opening price of stock may be equal to 4

 Null hypothesis- The average opening price may be 4
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 4

2019-Closing-

 Claim- The average opening price of stock may be equal to 3

 Null hypothesis- The average opening price may be 3
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 3

2018-Opening-

 Claim- The average opening price of stock may be equal to 14

 Null hypothesis- The average opening price may be 14
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 14
2018-Closing-

 Claim- The average opening price of stock may be equal to 14

 Null hypothesis- The average opening price may be 14
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 14

2017-Opening-

 Claim- The average opening price of stock may be equal to 17

 Null hypothesis- The average opening price may be 17
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 17

2017-Closing-

 Claim- The average opening price of stock may be equal to 17

 Null hypothesis- The average opening price may be 17
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 17

Confidence interval
JP
2021-

 The opening price of the stock varies between 9.4907 (UL) and 8.8093 (LL)
 The closing price of the stock varies between 9.4611(UL) and 8.7829(LL)

2020-

 The opening price of the stock varies between 3.101(UL) and 2.639(LL)
 The closing price of the stock varies between 3.091(UL) and 2.629(LL)

2019-

 The opening price of the stock varies between 4.2742(UL) and 3.6658(LL)
 The closing price of the stock varies between 3.0943(UL) and 2.6257(LL)

2018-

 The opening price of the stock varies between 15.242(UL) and 13.438(LL)
 The closing price of the stock varies between 15.236(UL) and 13.444(LL)

2017-

 The opening price of the stock varies between 18.024(UL) and 16.476(LL)
 The closing price of the stock varies between 18.016(UL) and 16.484(LL)

ANOVA
JP-
 In the year 2021-2020, there is no significant difference between the average closing price of
company.
 In the year 2021-2019, there is no significant difference between the average closing price of
company.
 In the year 2021-2018, there is no significant difference between the average closing price of
company.
 In the year 2021-2017, there is no significant difference between the average closing price of
company.
 In the year 2020-2019, there is no significant difference between the average closing price of
company.
 In the year 2020-2018, there is no significant difference between the average closing price of
company.
 In the year 2020-2017, there is no significant difference between the average closing price of
company.
 In the year 2019-2018, there is no significant difference between the average closing price of
company.
 In the year 2019-2017, there is no significant difference between the average closing price of
company.
 In the year 2018-2017, there is significant difference between the average closing price of
company.

Implications-
JP
Role: Consultant

Stakeholders

 Investor- As an analyst, I would suggest as the company is not moving steadily and that there
is a lack of confirmation in the stock prices, but that the standard deviation is varying for
both closing and opening units of the company, that the deviation is manageable, and that
the results derived from the data are only slightly different. From the perspective of an
analyst, shareholders should exercise caution when investing in the company because there
is a chance of both a good and a negative return when we examine each year. When looking
at the company's confidence interval, it may be described as safe, with a significant
difference between the upper and lower limits

• Company: Management can make decisions about how to raise stock prices and provide a good
return to shareholders, which will have a long-term impact on the company's position and
reputation.

• Project Developers: People who work with project developers can assess the company's existing
situation and make informed decisions about the projects it needs to undertake in the future.

• Government: In order for the country's future development to be successful, the government may
need to partner with some companies. The government's concerned authorities can make suitable
judgments based on company data.
Hypothesis testing-
IRB
2021-Opening-

 Claim- The average opening price of stock may be equal to 154

 Null hypothesis- The average opening price may be 154
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 154

2021-Closing-

 Claim- The average opening price of stock may be equal to 153

 Null hypothesis- The average opening price may be 153
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 153

2020-Opening-

 Claim- The average opening price of stock may be equal to 97

 Null hypothesis- The average opening price may be 97
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 97

2020-Closing-

 Claim- The average opening price of stock may be equal to 97

 Null hypothesis- The average opening price may be 97
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 97

2019-Opening-

 Claim- The average opening price of stock may be equal to 107

 Null hypothesis- The average opening price may be 107
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 107

2019-Closing-

 Claim- The average opening price of stock may be equal to 106

 Null hypothesis- The average opening price may be 106
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 106

2018-Opening-

 Claim- The average opening price of stock may be equal to 202

 Null hypothesis- The average opening price may be 202
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 202
2018-Closing-

 Claim- The average opening price of stock may be equal to 201

 Null hypothesis- The average opening price may be 201
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 201

2017-Opening-

 Claim- The average opening price of stock may be equal to 227

 Null hypothesis- The average opening price may be 227
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 227

2017-Closing-

 Claim- The average opening price of stock may be equal to 226

 Null hypothesis- The average opening price may be 226
 We are not rejecting null hypothesis. So, this shows that the average opening price of stock
may be 226

Confidence interval
IRB
2021-

 The opening price of the stock varies between 162.574 (UL) and 146.886(LL)
 The closing price of the stock varies between 161.694(UL) and 146.206(LL)

2020-

 The opening price of the stock varies between 101.697(UL) and 94.023(LL)
 The closing price of the stock varies between 101.303(UL) and 93.5569(LL)

2019-

 The opening price of the stock varies between 112.124(UL) and 102.076(LL)
 The closing price of the stock varies between 111.444(UL) and 101.396(LL)

2018-

 The opening price of the stock varies between 209.222(UL) and 194.918(LL)
 The closing price of the stock varies between 208.477(UL) and 194.187(LL)

2017-

 The opening price of the stock varies between 229.672(UL) and 224.748(LL)
 The closing price of the stock varies between 228.997(UL) and 224.203(LL)
ANOVA
IRB
 In the year 2021-2020, there is significant difference between the average closing price of
company.
 In the year 2021-2019, there is significant difference between the average closing price of
company.
 In the year 2021-2018, there is no significant difference between the average closing price of
company.
 In the year 2021-2017, there is no significant difference between the average closing price of
company.
 In the year 2020-2019, there is no significant difference between the average closing price of
company.
 In the year 2020-2018, there is no significant difference between the average closing price of
company.
 In the year 2020-2017, there is no significant difference between the average closing price of
company.
 In the year 2019-2018, there is no significant difference between the average closing price of
company.
 In the year 2019-2017, there is no significant difference between the average closing price of
company.
 In the year 2018-2017, there is significant difference between the average closing price of
company.

Implications-
IRB
Role: Analyst
Stakeholders

 Investor- As an analyst I will suggest the investor to invest carefully as the stocks are not
steady and there is lack of confirmation in the prices of the stocks, but the standard
deviation is varying for both closing and opening units of the company, referring to the data
the deviation is manageable only slight difference is shown in the results derived from the
data. From an analyst point of view, it is advisable for the shareholders to be careful while
investing in the company as there is a possibility of a good return and also a bad return while
we are analysing each year.
 Company: The management can take decisions on how to improve their stock prices and to
give good return to the shareholders which will impact the company position and reputation
in the long term.
 Project Developers: Individuals who are in concerned with the project developers can
analyse the current position of the company and take appropriate decision on the projects
the company have to take up in the future.
 Government: For the future developments of the country the government may have to
collaborate with some of the companies the government concerned authorities can take
appropriate decisions on doing the same while taking into consideration the company data