Research Journal of Economics & Business Studies - RJEBS - The ...
Research Journal of Economics & Business Studies - RJEBS - The ...
Research Journal of Economics & Business Studies - RJEBS - The ...
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Table No.8: Association between Investors’ Pr<strong>of</strong>ile Variables and Investor’s Risk Seeking<br />
Behavior<br />
Risk seeking behavior <strong>of</strong> the investor<br />
p-value for p-value for p-value for p-value for p-value for<br />
prefer protecting<br />
approach<br />
investment investment<br />
towards<br />
with low risk<br />
choosing an<br />
Investors’<br />
pr<strong>of</strong>ile<br />
variables<br />
risk<br />
associated<br />
with venture<br />
business<br />
comfortable<br />
fluctuations<br />
within 6<br />
months<br />
investment<br />
p-value<br />
for<br />
reaction<br />
during<br />
bearish<br />
market<br />
Gender .538 .819 .730 .259 .144 .245<br />
Age .799 .783 .455 .229 .520 .187<br />
Occupation .244 .921 .486 .072 .568 .308<br />
Individual<br />
annual<br />
income<br />
Stock market<br />
experience<br />
Investment<br />
size<br />
.165 .236 .706 .241 .650 .732<br />
.358 .289 .722 .469 .562 .038<br />
.901 .105 .882 .281 .514 .232<br />
Association between the investors’ pr<strong>of</strong>ile variables and risk seeking behavior <strong>of</strong> the investor are<br />
shown in the above table. Since p-value >.05 accept null hypothesis and vice-versa.<br />
Inference:<br />
From the above result <strong>of</strong> One Way ANOVA, it can be inferred that there is significant difference<br />
between stock market experience and reaction to bearish market, as the p-values for this variable is<br />
less than 0.05. In other words it can be said that reaction to bearish market differs with experience.<br />
Other pr<strong>of</strong>ile variables don’t make much difference to investors’ risk seeking behavior.<br />
TO FIND ASSOCIATION BETWEEN CONSENT OF OTHERS IN BUYING THE STOCK<br />
AND PROCURING SAME STOCK AS OTHERS.<br />
Null Hypothesis, H0: Difference = 0, i.e. there is no significant difference between consent <strong>of</strong> others<br />
in buying the stock and procuring same stock as others.<br />
Alternate Hypothesis, H1: Difference ≠ 0, i.e. there is significant difference between consent <strong>of</strong><br />
others in buying the stock and procuring same stock as others.<br />
Table No.9: Association between Consent <strong>of</strong> Others in Buying the Stock and Procuring Same<br />
Stock as Others.<br />
Sum <strong>of</strong> Squares Df Mean Square F Sig.<br />
Between Groups 14.893 4 3.723 1.856 .125<br />
Within Groups 190.547 95 2.006<br />
Total 205.440 99<br />
Association between the consent <strong>of</strong> others in buying the stock and procuring same stock as others are<br />
shown in the above table. Since p-value >.05 accept null hypothesis and vice-versa.<br />
Inference:<br />
From the above result <strong>of</strong> One Way ANOVA, it can be inferred that there is no association between<br />
consent <strong>of</strong> others in buying the stock and procuring same stock as others.<br />
www.theinternationaljournal.org > <strong>RJEBS</strong>: Volume: 02, Number: 09, July-2013 Page 18