Descriptive

Analysis The first step in this analysis is Descriptive Analysis. It is used to

describe relevant characteristics of occurrences about the variables. It provides
detailed information about each relevant variable. The results have been obtained
by applying the statistical tool named “Descriptive Analysis” in Microsoft Excel.

Quantitative
Analysis
a) Correlation Analysis: According to Tabachnick and Fidell (2012),
correlation is used to determine the direction of the linear relationship between
two variables and the strength of the relationship between variables. This study
uses Pearson’s Correlation Coefficient to calculate the relationship between all
variables using Microsoft Excel. The positive correlation defines that when one
related variable increases, another related variable also increases, and the
negative correlation indicates one related variable increases, another related
variable decreases.
b) Regression Analysis: It is used to analyze the relationships between
performance variables, working capital variables, and other chosen variables using
Microsoft Excel. We can utilize it to assess the strong relationship between
variables and for modeling the future relationship between them.