Name: Rizwan Ahmad Roll No: MPC22010

Subject: Quantitative Analysis Course code: MP-702

Assignment no. 1
Instructor PROF. Dr. Zafar Iqbal
Testing/ Formulates the Hypothesis
H0: All the averages are same.
H1: All the averages are not same or at least two means are different.

By using one way Anova Sig. is .051

Remarks:
I accept the Null hypothesis (Ho) as the Sig. is .051 and to reject Null Hypothesis the level
of significance must be lower than .05 and the LOS is greater that’s why we accept it so

All the averages are same

Means
[DataSet1]

Case Processing Summary

Cases

Included Excluded Total

N Percent N Percent N Percent

Income    * Company 15 100.0% 0 0.0% 15 100.0%

Report
Income   

Company Mean N Std. Deviation

Punjab College 87666.6667 3 10785.79312

Kips College 76666.6667 3 16072.75127
Aspire College 72666.6667 3 15534.90693
Gift College 60000.0000 3 10000.00000
Superior College 52666.6667 3 10785.79312
Total 69933.3333 15 16811.84390
ONEWAY Income BY Company
    /STATISTICS DESCRIPTIVES EFFECTS HOMOGENEITY
    /MISSING ANALYSIS.

Oneway

Descriptives
Income   

95%
Confiden
ce
Interval
for Mean

Std. Std. Lower

N Mean Deviation Error Bound

Punjab College 87666.6 10785.79 6227.18 60873.27

3
667 312 056 12
Kips College 76666.6 16072.75 9279.60 36739.73
3
667 127 727 91
Aspire College 72666.6 15534.90 8969.08 34075.81
3
667 693 270 85
Gift College 60000.0 10000.00 5773.50 35158.62
3
000 000 269 29
Superior College 52666.6 10785.79 6227.18 25873.27
3
667 312 056 12
Total 69933.3 16811.84 4340.79 60623.24
15
333 390 943 45
Mod Fixed 12902.19 3331.33 62510.66
el Effects 620 273 14

Random 6180.97 52772.19

Effects 439 72
 Descriptives
Income   

95% Confidence Between-

Interval for Mean Component
Upper Bound Minimum Maximum Variance

Punjab College 114460.0621 80000.00 100000.00

Kips College 116593.5942 65000.00 95000.00
Aspire College 111257.5148 60000.00 90000.00
Gift College 84841.3771 50000.00 70000.00
Superior College 79460.0621 45000.00 65000.00
Total 79243.4222 45000.00 100000.00
Model Fixed Effects 77356.0052

Random Effects 87094.4694 135533333.33333

ANOVA
Income   

Sum of Squares Df Mean Square F Sig.

Between Groups 2292266666.66

4 573066666.667 3.443 .051
7
Within Groups 1664666666.66
10 166466666.667
7
Total 3956933333.33
14
3