B-1) To understand whether the average funding for "eCommerce" (Industry Vertical)

startups is greater than $ 20 Million USD.

SOLUTION

t-Test: Two-Sample Assuming Unequal Variances for all E-COMMERCE

  Amount In USD Dummy variable

Mean 28732816.16 0
Variance 2.65575E+16 0
Observations 149 2
Hypothesized Mean Difference 20000000
df 148
t Stat 0.654115135
P(T<=t) one-tail 0.257026376
t Critical one-tail 1.655214506
P(T<=t) two-tail 0.514052753
t Critical two-tail 1.976122494  

Alternate Hypothesis Ha: average funding for eCommerce startup is > $ 20 Million USD
Null Hypothesis H0: average funding for eCommerce startup is <= $ 20 Million USD
Average funding for an eCommerce startup is
greater than a certain expected value i.e. $ 20
Study Aim Million USD
Variables average funding in USD
Dependent Not Applicable (Uni-variate)
Independent Not Applicable (Uni-variate)
Data Analysis Method Right tailed t-test

Observed value or Average 28,732,816

Std dev 162964592
Std Error 13350579.57
T Statistic 0.654115135

Critical Value at alpha=0.05 and degree of freedom=148 is 1.645

So, with the information available we cannot reject the null hypothesis i.e. the avg funding for the
eCommerce vertical is not greater than $ 20 Million USD.
B-2) To understand whether the average funding for "Healthcare" (Industry Vertical)
startups is more than "Education" (Industry Vertical) startups by $ 2 Million USD.

SOLUTION

Healthcare Education
1,000,000 8,200,000
40,000,000 6,000,000
21,000,000 670,000
19,500,000 50,000,000
443,000 900,000
37,000,000 4,000,000
3,000,000 1,000,000
2,000,000 10,000,000
150,000 1,000,000
1,500,000 5,000,000
4,000,000 100,000
200,000 3,000,000
400,000 750,000
150,000 100,000
4,000,000 45,000

1.882670E+1 1.57705E+1
variance 4 4

1.193795E+0
F-statistic 0

Ha: Avg Funding_ Healthcare - Avg Funding Education > $ 2

Million USD  
Ho: Avg Funding_ Healthcare - Avg Funding Education <= $
2 Million USD  
   
Compare the average funding received
by Healthcare vertical and Education
Study Aim vertical
Avg Funding in USD (Metric), Industry
Variables vertical (categorical)
Dependent variables Avg Funding in USD (Metric)
Independent variable Industry vertical (categorical)
Groups 2 GROUPS (Healthcare, Education)
Right tailed test Two-sample independence t-test
 F- TEST  
Ha: variances are not equal  
Ho: variances are equal  

F-Test Two-Sample for Variances

  Healthcare Education
Mean 8956200 6051000
Variance 1.88267E+14 1.57705E+14
Observations 15 15
df 14 14
F 1.193795443
P(F<=f) one-tail 0.372467393
F Critical one-tail 2.483725741  

Since f statistic < critical value Null hypothesis cannot be rejected, i.e. variances are equal

t-Test: Two-Sample Assuming Equal Variances

  Healthcare Education
Mean 8956200 6051000
Variance 1.88267E+14 1.57705E+14
Observations 15 15
Pooled Variance 1.72986E+14
Hypothesized Mean Difference 2000000
df 28
t Stat 0.18848202
P(T<=t) one-tail 0.425929127
t Critical one-tail 1.701130934
P(T<=t) two-tail 0.851858254
t Critical two-tail 2.048407142  

t stat < critical value

With the information available, we cannot reject the null hypothesis

p-value 0.425929127
alpha 0.05

p value> alpha
With the information available, we cannot reject the null hypothesis i.e. i.e. the avg funding for the
healthcare vertical is not more than the Education vertical by $ 2 Million USD
B-3) To understand whether the average funding by "Private Equity" (Investment Type) is
more than "Seed Funding" (Investment Type) by $ 20 Million USD.

SOLUTION

Ha: Avg Funding_ Private Equity - Avg Funding_SeedFunding > $ 20 Million USD
Ho: Avg Funding_ Healthcare - Avg Funding Education <= $ 20 Million USD

Compare the average funding received

Study Aim through Private Equity and Seed Funding
Avg Funding in USD (Metric), Investment
Variables Type (categorical)
Dependent variables Avg Funding in USD (Metric)
Independent variable Investment Type (categorical)
2 GROUPS (Private Equity, Seed
Groups Funding)
Right tailed test Two-sample independence t-test
F- TEST  
Ha: variances are not equal  
Ho: variances are equal  

variance for Private Equity 7.34836E+15

variance for Seed Funding 2.86434E+11
F stat 25654.62165

F-Test Two-Sample for Variances

Seed
  Private Equity Funding
Mean 21747687.2 478884.3055
Variance 7.34836E+15 2.86434E+11
Observations 828 694
df 827 693
F 25654.62165
P(F<=f) one-tail 0
F Critical one-tail 1.127767297  

Since f statistic > critical value Null hypothesis can be rejected, i.e. variances are not
equal
 t-Test: Two-Sample Assuming Unequal Variances

Seed
  Private Equity Funding
Mean 21747687.2 478884.3055
Variance 7.34836E+15 2.86434E+11
Observations 828 694
Hypothesized Mean Difference 20000000
df 827
t Stat 0.425896415
P(T<=t) one-tail 0.335147072
t Critical one-tail 1.646698231
P(T<=t) two-tail 0.670294145
t Critical two-tail 1.962836642  

t stat < critical value

With the information available, we cannot reject the null hypothesis

p-value 0.335147072
alpha 0.05
p value> alpha

With the information available, we cannot reject the null hypothesis i.e. the avg funding through private
equity is not more than Seed funding of $ 20 Million USD
B-4) To understand whether the average funding for startups varies across three years
'2015', '2016' and '2017' (You need to convert the dates to Year).

SOLUTION

To understand if the avg funding for the

Study Aim startups varies across 3 years
Avg Funding in USD (Metric), Years
Variables (categorical)
Dependent Avg Funding in USD (Metric)
Independent Years (categorical)
   
Ha: There are differences in avg funding across the 3
years  
Ho: There are no differences in avg funding across the
3 years  

ANOVA: Single Factor

SUMMARY
Groups Count Sum Average Variance
867302236 13261502.0 2.79963E+1
2015 654 8 9 5
382808860 6532574.41 3.83319E+1
2016 586 8 6 4
584627550 20513247.3 1.46365E+1
2017 285 0 7 6

ANOVA
Source of Variation SS df MS F P-value F crit
3.92119E+1 4.80583582 0.00830 3.00163
Between Groups 6 2 1.9606E+16 2 6 6
6.20917E+1 4.07962E+1
Within Groups 8 1522 5

6.24839E+1
Total 8 1524        

F STAT> F CRITICAL

With the information available, the Null hypothesis is rejected. So, the average funding varies for the
startups across the 3 years
 avg of 2015 13,261,502
avg of 2016 6,532,574
avg of 2017 20,513,247
Total mean 12031073.1
Sum of square between (SSB) 39,211,925,626,010,700
Mean square between (MSB) 1.9606E+16
Total SSW for 3 yrs. 6,209,174,950,245,140,000.0
Mean square within (MSW) 4.07962E+15
F statistic 4.805835822
degree of freedom for the numerator (MSB) 2
degree of freedom for the denominator
(MSW) 1522
so critical value at alpha =0.05 and degree
of freedom (2,1522) is 3.00163

With the information available, as F STAT> F CRITICAL, the Null hypothesis is rejected. therefore, the
average funding varies for the startups across the 3 years