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    Satyajeet asthana
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    1) The document analyzes survey data from 224 students in higher education in Uttar Pradesh, India. 2) It finds that most respondents were aged 21-25, 58% were male, and 69% had a post-graduate education or above. 3) The top factors seen as important for starting a new business were having a unique idea, passion, and market opportunities. The main barriers were access to finance and administrative hurdles. 4) Networking, professional skills, and risk-taking ability were seen as the most important requisites. Over half of respondents felt education and mentorship were highly required. 5) Infrastructure support and social

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    DATA ANALYSIS

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    1) The document analyzes survey data from 224 students in higher education in Uttar Pradesh, India. 2) It finds that most respondents were aged 21-25, 58% were male, and 69% had a post-graduate education or above. 3) The top factors seen as important for starting a new business were having a unique idea, passion, and market opportunities. The main barriers were access to finance and administrative hurdles. 4) Networking, professional skills, and risk-taking ability were seen as the most important requisites. Over half of respondents felt education and mentorship were highly required. 5) Infrastructure support and social

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    © All Rights Reserved
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    11 views7 pages

    Data Analysis

    Uploaded by

    Satyajeet asthana
    1) The document analyzes survey data from 224 students in higher education in Uttar Pradesh, India. 2) It finds that most respondents were aged 21-25, 58% were male, and 69% had a post-graduate education or above. 3) The top factors seen as important for starting a new business were having a unique idea, passion, and market opportunities. The main barriers were access to finance and administrative hurdles. 4) Networking, professional skills, and risk-taking ability were seen as the most important requisites. Over half of respondents felt education and mentorship were highly required. 5) Infrastructure support and social

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 7

     Demographic Analysis of Data

    Age of Respondent
    Frequency Percent
    Interpretation – Among total
    16-20 14 6.3 valid responses (of 224) most of
    21-25 189 84.4 the respondent are in between
    Valid
    26-30 21 9.4 age group of 21-25
    Total 224 100.0

    Table 1: Age of Respondent

    Gender of Respondent
    Frequency Percent
    Interpretation – Among total

    Male 130 58.0


    valid responses (of 224) 58% are
    Valid Female 94 42.0 male and 42 % are Female
    Total 224 100.0

    Table 2: Gender of Respondent

    Education Level
    Frequency Percent Interpretation – Among total
    valid responses (of 224) 69 %
    Graduate 69 30.8
    are postgraduate and above and
    Valid Post Graduate and Above 155 69.2

    Total 224 100.0


    30% are graduate
    Table 3: Education level of Respondent
    Interpretation – Among total

    Background of Family valid responses (of 224) 42 %


    Frequency Percent having service background, 37%
    are from business background
    95 42.4
    Service and 20.5% are from Agro

    Business
    83 37.1 background

    Valid 46 20.5
    Agricultural

    224 100.0
    Total

    Table 4: Family Background of Respondent


     Perception of students of Higher education (in the region of Uttar
    Pradesh) aboutthe importance of factors to start a new business venture
    Descriptive Statistics

    N Mean Analysis: (Rating score range from 5


    Extremely Important to 1 Least Important)
    Having Unique and Valid Business Idea 203 4.59
    The total valid responses were 203 and the
    Motivated by the passion in related 203 4.35
    most important factors to start a new
    business opportunity
    business venture (as per the students of
    High opportunity in the market 203 4.31
    Higher education in the region of Uttar
    To generate employment for others 203 4.13 Pradesh) with average rating score of
    To be famous and successful. 203 4.20 more than 4.3 is having unique business
    To Earn More 203 4.12 Idea followed by passion in related
    business opportunity and High
    Unemployed 203 3.41
    opportunity in the market.
    203
    Valid N (list wise)

    TABLE 5 - Average rating score of Perception of students of Higher education (in the region of Uttar Pradeshtowards the important factors to
    start a new business venture.

     Crucial barriers, as per the students of Higher education (in the region of
    Uttar Pradesh), that dissuades the growth of entrepreneurship .

    Main barriers to start a new business N Mean Analysis: (Rating score range from 5
    Strongly Agree to 1 Strongly disagree) total
    Access to finance 203 4.56
    valid responses were 203 and the
    Administrative and Legal Hurdles (From 203 4.30
    mainbarriers for new business venture (as
    Government) per the students of Higher education in the
    [Lack of Technical Knowledge Base and skills] 203 4.03 region of Uttar Pradesh) with average
    Low Risk bearing ability 203 3.94 rating score of more than 4.3 is
    Family Pressure and Lack of Support 203 3.86 havingaccess to finance followed by
    administrative and Legal Hurdles (From
    Lack of infrastructure 203 3.75
    Government.
    Valid N (list wise) 203

    TABLE 6 - Average rating score of Perception of students of Higher education (in the region of Uttar Pradesh) towards the Main
    barriersto start a new business venture.

     Perception of students of Higher education (in the region of Uttar


    Pradesh) about the requisites for starting and developing new venture:
    Descriptive Statistics
    Requisites to Start a new
    Business
    N Mean Analysis: (Rating score range from 4
    highly required to 1 not required )total valid
    Networking (Both Social and 201 3.74
    responses were 203 and themost important
    Professional)
    requirements for starting a new business
    Professional Skills 203 3.67 venture (as per the students of Higher
    Risk Taking Ability 203 3.67 education in the region of Uttar Pradesh)
    Financial Strength 203 3.37 with average rating score of more than 3.6
    Knowledge related to legal and 203 3.22 is Networking followed by professional
    Business aspects skills and risk taking ability
    Family Support 203 3.09

    TABLE 7- Average rating score of Perception of students of Higher education (in the region of Uttar Pradeshabout the requisites for starting
    a new business venture.

     Perception of students of Higher education (in the region of Uttar


    Pradesh) on the role of Education and Mentorship

    Fig 4 : Perception of students of Higher education about the role of Education and Mentorship

    Out of total responses more than 50% students consider education and mentorship is
    Highly required while 40% of students consider the requirement of mentorship and
    education is moderate.

     Perception of students of Higher education (in the region of Uttar


    Pradesh) on the impact of Business enabling Environment:
    Analysis: (Rating score range from 4 Extremely Important to 1 not Important)

    Descriptive Statistics
    Analysis: (Rating score range from 4
    Elements of Business N Mean highly required to 1 not required ) total
    Enabling Environment
    valid responses were 203 and the most
    Infrastructural support 203 3.68 important elements of Business enabling
    Social Peace & harmony 203 3.67 environment (as per the students of Higher
    Environmental Condition 203 3.66 education in the region of Uttar Pradesh)
    Fair Competition 203 3.51 with average rating score of more than 3.6
    Supportive Government 203 3.47 is Infrastructure support followed by
    Schemes Social Peace & harmony and
    Easy Regulation and Rules 203 3.46
    Environmental Condition
    Valid N (listwise) 203

     Perception of students of Higher education (in the region of Uttar


    Pradesh) about the impact of interpersonal Skills

    Analysis: (Rating score range from 4 highly required to 1 not required)

    Descriptive Statistics
    Interpersonal Skills Elements N Mean

    Confidence and Self Belief 203 3.87


    Leadership 203 3.84
    Communication 203 3.84
    Decision Making Ability 203 3.81
    Creativity and Innovative 203 3.78
    Ability to work in team 203 3.69
    Empathy 203 3.42
    Reliability and Dependability 203 3.40
    Valid N (listwise) 203
     Impact of Demographic factors on the perception of students of Higher
    education (in the region of Uttar Pradesh) about the importance of factors
    to start a new business venture.

    H0 : There is no significant impact of Demographic factors on the perception of students of


    Higher education (in the region of Uttar Pradesh) about the importance of factors to start a new
    business venture.
    Ha : There is significant impact of Demographic factors on the perception of students of Higher
    education (in the region of Uttar Pradesh) about the importance of factors to start a new
    business venture.

    ( Testing criteria: the p-value of a hypothesis test is 0.05, Testing Tool : one way Anova)

    Factors to start a
    new business Gender Education Level Family
    venture. Background

    Sig. (2- tailed)= 0.453 Sig. (2- tailed)=0.298 Sig. (2- tailed)= 0.249
    Having Unique and
    Null Hypothesis : not Null Hypothesis : not Null Hypothesis : not
    Valid Business Idea rejected rejected rejected
    Sig. (2- tailed)=0.512 Sig. (2- tailed)=0.636 Sig. (2- tailed)= 0.270
    Motivated by the
    passion in related Null Hypothesis : not Null Hypothesis : not Null Hypothesis : not
    business opportunity rejected rejected rejected
    Sig. (2- tailed)=0.701 Sig. (2- tailed)=0.283 Sig. (2- tailed)= 0.167
    High opportunity in the
    Null Hypothesis : not Null Hypothesis : not Null Hypothesis : not
    market
    rejected rejected rejected
    Sig. (2- tailed)=0.614 Sig. (2- tailed)=0.04 Sig. (2- tailed)= 0.204
    To generate
    Null Hypothesis : not Null Hypothesis : rejected Null Hypothesis : not
    employment for others
    rejected rejected
    Sig. (2- tailed)=0.529 Sig. (2- tailed)= 0.889 Sig. (2- tailed)= 0.033
    To be famous and
    Null Hypothesis : not Null Hypothesis : not Null Hypothesis : rejected
    successful.
    rejected rejected
    Sig. (2- tailed)=0.410 Sig. (2- tailed)=0.380 Sig. (2- tailed)= 0.239
    To Earn More Null Hypothesis : not Null Hypothesis : not Null Hypothesis : not
    rejected rejected rejected
    Sig. (2- tailed)=0.684 Sig. (2- tailed)= 0.240 Sig. (2- tailed)= 0.015
    Unemployed Null Hypothesis : not Null Hypothesis : not Null Hypothesis : rejected
    rejected rejected

    Interpretation
     Impact of Demographic factors on the perception of students of Higher
    education (in the region of Uttar Pradesh) about the Crucial barriers, that
    dissuades the growth of entrepreneurship.

    H0 : There is no significant impact of Demographic factors on the perception of students of


    Higher education (in the region of Uttar Pradesh) about the Crucial barriers, that dissuades the
    growth of entrepreneurship
    Ha : There is significant impact of Demographic factors on the perception of students of Higher
    education (in the region of Uttar Pradesh) about the Crucial barriers, that dissuades the growth
    of entrepreneurship

    ( Testing criteria: the p-value of a hypothesis test is 0.05, Testing Tool : one way Anova)

    Main barriers to
    start a new business Family Education Level Gender
    Background
    Sig. (2- tailed)= 0.643 Sig. (2- tailed)=0.044 Sig. (2- tailed)= 0.042
    Administrative and Legal
    Hurdles (From Null Hypothesis : not Null Hypothesis : Null Hypothesis : rejected
    Government) rejected rejected
    Sig. (2- tailed)=0.085 Sig. (2- tailed)=0.248 Sig. (2- tailed)= 0.423
    Lack of Technical
    Knowledge Base and Null Hypothesis : not Null Hypothesis : not Null Hypothesis : not
    skills rejected rejected rejected
    Sig. (2- tailed)=0.007 Sig. (2- tailed)=0.408 Sig. (2- tailed)= 0.727
    Low Risk bearing ability Null Hypothesis : Null Hypothesis : not Null Hypothesis : not
    rejected rejected rejected
    Sig. (2- tailed)=0.028 Sig. (2- tailed)=0.217 Sig. (2- tailed)= 0.931
    Family Pressure and
    Null Hypothesis : Null Hypothesis : not Null Hypothesis : not
    Lack of Support
    rejected rejected rejected
    Sig. (2- tailed)=0.013 Sig. (2- tailed)= 0.0004 Sig. (2- tailed)= 0.650
    Lack of infrastructure Null Hypothesis : Null Hypothesis : Null Hypothesis : not
    rejected rejected rejected
    Sig. (2- tailed)=0.6 42 Sig. (2- tailed)= 0.741 Sig. (2- tailed)= 0.326
    Access to finance Null Hypothesis : not Null Hypothesis : not Null Hypothesis : not
    rejected rejected rejected
    Sig. (2- tailed)=0.314 Sig. (2- tailed)= 0.043 Sig. (2- tailed)= 0.511
    Lack of Mentorship and
    Null Hypothesis : not Null Hypothesis : Null Hypothesis : not
    Guidance
    rejected rejected rejected

    Interpretation

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