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Final Report Eco541
Final Report Eco541
PREPARED BY:
GROUP 3
NAME MATRIC ID
2023800632
MUHAMMAD NAIM BIN AZLAN
2023261804
WAN KHAIRUNNISA SYA’IRAH BINTI WAN ABDUL MANAN
CLASS: BA2802E
All glory to God, the Creator of the Universes. Might very well God's righteousness always be
with family and comrades, along with those who pursue their ways till the end of time.
Above all, we would like to express our utmost gratitude to our outstanding lecturer, Professor
Madya Dr. Chuah Soo Cheng, for sharing her extensive knowledge and consistently supporting
us in completing our chores and the group project assignment within the allocated time frame.
Under the leadership of Professor Madya Dr. Chuah Soo Cheng, we have acquired a significant
amount of knowledge on statistical methods through the completion of projects. She consistently
provides assistance and guidance on how to effectively complete this case study on evaluating the
elements that influence entrepreneurial intention goals among university students in Malaysia, to
produce favorable results from the conducted lectures. We consider it a privilege and derive
satisfaction from having her as our lecturer.
We are appreciative of the opportunities, challenges, and effort that have been given to us to fulfill
the job. Ultimately, the successful completion of our group project hinges on the diligent
contributions and collaborative efforts of our group members, namely Nasih, Aqmar, Naim, Wan,
and Nadiah. In addition, we would like to extend our appreciation to our close friends and
colleagues who helped us better understand the objective of our work. I greatly appreciate your
assistance. Full credit and gratitude are attributed to the divine being, who enabled us to
accomplish this undertaking.
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TABLE OF CONTENTS
Page Number
1.0 Introduction 3
5.0 Conclusion 19
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1.0 INTRODUCTION
In the dynamic landscape of contemporary higher education, understanding the factors that mold
entrepreneurial intentions among university students is of paramount importance. Against the
backdrop of Malaysia's evolving economic environment, this study delves into the intricate web
of influences that shape the entrepreneurial mindset within the student population. Recognizing
the pivotal role universities play in nurturing future entrepreneurs, this research takes a holistic
approach, probing the multifaceted aspects that contribute to or hinder entrepreneurial intentions
among students.
As we navigate the intricate fabric of entrepreneurial intentions, the study scrutinizes the impact
of educational environments, familial backgrounds, and societal perceptions on students'
inclination toward entrepreneurship. Unraveling the threads of influence, the research endeavors
to untangle the complex interplay between individual characteristics, educational structures, and
cultural norms, shedding light on the intricate dynamics that propel or impede entrepreneurial
aspirations. The overarching goal is to not only identify these factors but also to offer insights that
can inform policy, educational practices, and support systems conducive to fostering a vibrant
culture of entrepreneurship within Malaysian universities. Through this research, we aim to
contribute not only to academic discourse but also to the practical enhancement of entrepreneurial
education and the cultivation of an environment where students can confidently embark on
entrepreneurial ventures.
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2.0 OBJECTIVES OF STUDY
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2.5 EXAMINE WHETHER GENDER AND INTEREST IN STARTING A BUSINESS ARE
RELATED
To examine whether gender and interest in starting a business are related to entrepreneurial
intention among university students. Therefore, using statistical analysis techniques such as Anova
and Chi-square test is to determine if there is a significant relationship between gender, interest in
starting a business, and entrepreneurial intention among university students in Malaysia.
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3.0 METHODOLOGY
The primary objective of this case study is to investigate factors influencing entrepreneurial
intentions among university students in Malaysia. Our sample consists of 54 students,
encompassing various academic levels from foundation courses to PhD programs. To gather
comprehensive data, we adopted a mixed-methods approach, incorporating both qualitative and
quantitative data collection techniques. Quantitative data, characterized by numerical values,
includes measurements such as height, weight, time, price, and temperature. On the other hand,
qualitative data entails non-numeric categories and is typically gathered through methods like
observation, one-on-one interviews, and focus groups.
For data analysis, we employed SPSS software, which offers a range of statistical tools for
descriptive and bivariate analysis, numerical outcome predictions, and group identification
predictions. To facilitate data collection, we utilized Google Forms, a versatile online platform
that enables the creation of surveys and forms with diverse question types. This allowed us to
collect responses in real time from participants using any device.
To compare the means of two independent groups and determine if a statistically significant
difference exists, we employed the independent t-test, also known as the two-sample t-test. The
independent t-test assesses the means between two unrelated groups on the same continuous
dependent variable. We formulated the null hypothesis (H0) and alternative hypothesis (H1) for
the independent sample t-test in two different, yet equivalent, ways. H0 assumes that the two
population means are equal (µ1 = µ2), while H1 suggests that the two population means are not
equal (µ1 ≠ µ2). Alternatively, H0 can be expressed as the difference between the two populations
being equal to 0 (µ1 - µ2 = 0), while H1 signifies that the difference is not 0 (µ1 - µ2 ≠ 0). In both
cases, µ1 and µ2 represent the population means for group 1 and group 2, respectively.
Furthermore, we utilized the ANOVA test to assess the significance of survey or experiment data.
ANOVA helps determine whether the null hypothesis should be rejected or the alternative
hypothesis embraced. It comes in one main variety: one-way ANOVA. One-way ANOVA
between groups is used when comparing two groups to assess differences. The ANOVA formula
generates the F statistic (F-ratio), which enables the examination of variability between and within
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samples from multiple data sets. When there is no significant difference between the tested groups
(null hypothesis), the F-ratio statistic of the ANOVA will be close to 1. The F-distribution
encompasses a range of distribution functions characterized by two distinct numbers denoting the
numerator and denominator degrees of freedom.
In addition, we implement the Chi-Square test to determine a level of precision between expected
test results and the actual observed data. There are two primary types of Chi-Square tests: one for
testing independence or homogeneity in data, and another for testing the goodness of fit for a
model. These tests will be used to determine whether a specific null hypothesis may be refuted in
the process of hypothesis testing.
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4.0 DATA ANALYSIS
Descriptive Statistics
N Range Minimum Maximum Mean Std. Deviation Variance
Measurement in item “EI2 . I will do my best to initiate and manage my own ventures / Saya akan
melakukan yang terbaik untuk memulakan dan menguruskan usaha niaga saya sendiri.” Shows the
highest mean at 4.20 while measurement in item “EI4. I have decided to initiate and start a business
venture in the future / Saya telah memutuskan untuk memulakan dan memulakan usaha perniagaan
pada masa hadapan.” Shows the lowest mean at 3.76.
Descriptive Statistics
N Range Minimum Maximum Mean Std. Deviation Variance
Measurement in item “EK4. I have adequate knowledge of how to promote products and services.
/ Saya mempunyai pengetahuan yang mencukupi tentang cara mempromosikan produk dan
perkhidmatan.” Shows the highest mean at 3.76 while measurement in item “EK1. I have adequate
knowledge of the legal essential to start a venture. / Saya mempunyai pengetahuan yang
mencukupi tentang keperluan undang-undang untuk memulakan usaha.” Shows the lowest mean
at 3.44.
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A.3 ENTREPRENEURIAL ACTIVITIES
Descriptive Statistics
N Range Minimum Maximum Mean Std. Deviation Variance
Measurement in item “EM4. I have considered for both negative and positive information related
to entrepreneurial activities. / Saya telah mempertimbangkan untuk maklumat negatif dan positif
yang berkaitan dengan aktiviti keusahawanan.” Shows the highest mean at 3.81 while
measurement in item “EM7. When I consider engaging in entrepreneurial activity, it sometimes
feels right and other times wrong. / Apabila saya mempertimbangkan untuk melibatkan diri dalam
aktiviti keusahawanan, kadangkala terasa betul dan kadangkala salah.” Shows the lowest mean at
3.67.
Descriptive Statistics
N Range Minimum Maximum Mean Std. Deviation Variance
Measurement in item “SE3. I am confident that I can think creatively. / Saya yakin saya boleh
berfikir secara kreatif. Shows the highest mean at 3.81 while measurement in item “SE1. I am
confident that I can successfully identify new business opportunities. / Saya yakin bahawa saya
boleh berjaya mengenal pasti peluang perniagaan Baharu. Shows the lowest mean at 3.65.
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A.5 ENTREPRENEURIAL INTERNSHIP
Descriptive Statistics
N Range Minimum Maximum Mean Std. Deviation Variance
Descriptive Statistics
N Range Minimum Maximum Mean Std. Deviation Variance
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4.2 DESCRIPTIVE STATISTICS
SECTION B: DEMOGRAPHIC CHARACTERISTIC ANALYSIS
B.1 GENDER
Gender
B.2 AGE
Age
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B.3 INSTITUTION
Institution
Cumulative
Frequency Percent Valid Percent Percent
Valid Private Higher Education 10 18.5 18.5 18.5
Institution (IPTS) / Institusi
Pengajian Tinggi Swasta (IPTS)
This survey receives 10 respondent currently studying at Private Higher Education Institution
(IPTS) / Institusi Pengajian Tinggi Swasta (IPTS) and 44 respondent currently at a Public Higher
Education Institution / Institusi Pengajian Tinggi Awam (IPTA).
B.4 PROGRAM
Program
Cumulative
Frequency Percent Valid Percent Percent
Valid Bachelor degree / Ijazah sarjana 43 79.6 79.6 79.6
muda
Diploma 8 14.8 14.8 94.4
Foundation program / Program 2 3.7 3.7 98.1
asasi
Master degree / Ijazah sarjana 1 1.9 1.9 100.0
Total 54 100.0 100.0
Currently from the sum total of 54 respondents, 43 are pursuing a Bachelor degree / Ijazah sarjana
muda, 8 for Diploma, 2 for Foundation program / Program asasi and 1 for Master degree / Ijazah
sarjana.
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B.5 ETHNICITY
Ethnicity
This survey receives 4 Chinese respondents, 1 Indian respondent, 44 Malay respondents, 5 Other
respondents.
This survey receives 23 respondent who do not pursue entrepreneurship courses offered by their
University and 31 who pursue.
This survey received 43 respondents who are interested in starting their own business after
graduating and 11 who are not.
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B.8 PLAN START BUSINESS
This survey receives 38 respondent who are planning to start their own business after graduating
and 16 who are not.
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4.3 INDEPENDENT TEST
a) Compare the difference of entrepreneurial intention between male and female respondents.
Group Statistics
Gender new N Mean Std. Deviation Std. Error Mean
Ho: µ1 - µ2 = 0, H1: µ1 - µ2 ≠ 0
With Levene’s Test result of f = 0.410 and p-value = 0.525, which is more than 0.05, equal variances are not assumed.
At α = 0.05: t-value = 0.810, p-value =0.422 > α = 0.05.
Hence, fail to reject Ho. There is not enough evidence to support there is a difference in the entrepreneurial intention between females
and males.
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b) Compare the difference of entrepreneurial knowledge between male and female respondent
Group Statistics
Gender new N Mean Std. Deviation Std. Error Mean
EK Male 25 3.5733 1.01389 .20278
Female 29 3.6092 .87998 .16341
Hence, fail to reject Ho. There is not enough evidence to support there is a difference in the entrepreneurial knowledge between
females and males.
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4.4 ANOVA
To compare the difference in entrepreneurial intention for five different age categories.
ANOVA
EI
Sum of Squares df Mean Square F Sig.
Between Groups 6.047 4 1.512 1.812 .141
Within Groups 40.875 49 .834
Total 46.922 53
Ho: µ1=µ2=µ3=µ4=µ5
Therefore, fail to reject Ho, there is not enough evidence to prove that there is a difference in
entrepreneurial intention for five different age categories.
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4.5 CHI-SQUARE TEST (Test of Independence)
To examine whether gender and interest to start a business are related.
Chi-Square Tests
Asymptotic
Significance (2- Exact Sig. (2- Exact Sig. (1-
Value df sided) sided) sided)
Pearson Chi-Square .548a 1 .459
Continuity Correction .161 1 .688
Likelihood Ratio .555 1 .456
Fisher's Exact Test .517 .346
N of Valid Cases 54
a. 0 cells (0.0%) have expected count less than 5. The minimum expected count is 5.09.
b. Computed only for a 2x2 table
α = 0.05
X2 = 0.548
p-value = 0.459 > α = 0.05
Hence, fail to reject Ho. There is not enough evidence to support that gender and interest to start
a business are not related.
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5.0 CONCLUSION
In summary, the study employed a descriptive method to analyze entrepreneurial intentions,
revealing that respondents expressed commitment to venture creation but had a lower inclination
to commit firmly to starting a business in the future. Additionally, while students displayed a good
understanding of business resource sources, their knowledge of legal requirements for starting a
venture was lacking. The entrepreneurial mindset analysis showed a strong consideration for
positive and negative aspects, with less attention to financial benefits.
Moving on to the demographic analysis in Part B, the majority of respondents were female, aged
19 to 21, studying at Public Institutions of Higher Education, primarily pursuing Bachelor's
degrees. The interest in entrepreneurship courses was positive, with some respondents believing
that course interest varied based on individual career goals. Notably, a significant portion of
participants, especially Malays, expressed interest in starting their businesses after graduation.
Furthermore, the study addressed the second and third objectives using Independent t-tests, finding
no substantial evidence of differences in entrepreneurial intentions between genders or in the
perception of concept development support. For the fourth objective, analyzed through ANOVA,
no significant differences in entrepreneurial intentions were found among age groups. The fifth
objective, examining the relationship between gender and interest in starting a business through
the Chi-Square Test, revealed insufficient evidence to support a connection between the two.
In conclusion, the study sheds light on various aspects of entrepreneurial intentions, knowledge,
mindset, and demographic factors, providing valuable insights into the factors influencing
students' inclination toward entrepreneurship.
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