Discussion

This study used a descriptive-comparative method of research. Descriptive research

was utilized to describe the demographic profile of the BSMA students of Saint Mary’s
University particularly under the nominal are; age and sex. Comparative procedure
likewise used to determine the relationship between students saving behavior and the two
factors (family and peer). Descriptive statistics such as weighted means and standard
deviations were used to determine the perceived factors that affect the saving habits of
BSMA students.
We gathered our samples from 30 BSMA 3rd students, specifically, as they have more awareness
on our research and could provide the necessary responses for us.
Objectively, the stated problem is, Is there a significant difference between perceived factors,
family and peers, that affect the saving behavior of BSMA students?
It would be stated as Ho if there is no significant difference between perceived factors, family
and peers, that affect the saving behavior of BSMA students, or otherwise Ha, if there is
significant difference.
We set the level of significance to 5%.
The perceived factors, family and peers, are independent variables that affect the saving habits
of BSMA students.
Instead of using the t-test for independent samples, as it was usually the first to be considered,
we used the mann-whitney u-test as our possible test because our data is ordinal as we have
used Likert scale questionnaire in our data gathering.
In doing preliminary analysis, our objective is comparison of the perceived factors, namely:
family and peers. The type of data is numerical.