The document presents the results of two chi-square tests examining the relationship between respondents' demographics and their awareness of Bajaj Allianz Life Insurance Company. The first test found no significant relationship between respondents' age and awareness level. The second test also found no significant relationship between respondents' educational qualification and awareness level. Both null hypotheses that there is no relationship were accepted.
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The document presents the results of two chi-square tests examining the relationship between respondents' demographics and their awareness of Bajaj Allianz Life Insurance Company. The first test found no significant relationship between respondents' age and awareness level. The second test also found no significant relationship between respondents' educational qualification and awareness level. Both null hypotheses that there is no relationship were accepted.
The document presents the results of two chi-square tests examining the relationship between respondents' demographics and their awareness of Bajaj Allianz Life Insurance Company. The first test found no significant relationship between respondents' age and awareness level. The second test also found no significant relationship between respondents' educational qualification and awareness level. Both null hypotheses that there is no relationship were accepted.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd
The document presents the results of two chi-square tests examining the relationship between respondents' demographics and their awareness of Bajaj Allianz Life Insurance Company. The first test found no significant relationship between respondents' age and awareness level. The second test also found no significant relationship between respondents' educational qualification and awareness level. Both null hypotheses that there is no relationship were accepted.
Copyright:
Attribution Non-Commercial (BY-NC)
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Download as DOC, PDF, TXT or read online from Scribd
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Chi – square analysis
Table: 22 Table showing the relationship between age of respondents and their awareness level of Bajaj Allianz Life Insurance Company
Awareness Age Very well Well Aware Not aware Total aware aware
Below 18 3 0 4 2 9
18 – 30 4 32 23 11 70
31 – 40 3 18 13 5 39
41 – 60 0 7 9 5 21
60 & above 2 4 3 2 11
Total 12 61 52 25 150
Null hypothesis (Ho):
There is no significant relationship between age of the respondents and their
awareness level of Bajaj Allianz Life Insurance Company.
Alternate hypothesis (H1):
There is a significant relationship between age of the respondents and their
awareness level of Bajaj Allianz Life Insurance Company.
The χ2 value is found with the help of the following formula.
χ2 = ∑ [(O – E) /E] 2 Here, O= Observed frequencies, E= Expected frequencies and the result are presented
below.
Calculated value = 17.62
Degree of freedom = (c-1) (r-1)
= (4-1) (5-1) = 12
Table value for 12 degree of freedom @5% level of significance is 21.026
INFERENCE:
The researcher had applied chi- square test (χ2 ) to prove statistically whether
there is any significant relationship between the variables used for the study.
For this purpose the researcher has chosen age (variable1) with the (variable 2)
the respondents awareness level of Bajaj Allianz Life Insurance Company.
When tested at 5% level of significance, it is found that the table value is
greater than the calculated value. Null hypothesis is accepted.
Hence it is concluded that age of the respondents have no significant
relationship with the awareness level of Bajaj Allianz life insurance company. Table: 23 Table showing the relationship between educational qualification of the respondents and their awareness level of Bajaj Allianz Life Insurance Company
Awareness Educational qualification Very well Well Aware Not aware Total aware aware
HSC level 1 19 12 6 38
UG holder 5 31 32 10 78
PG holder 6 9 7 9 31
Others 0 2 1 0 3
Total 12 61 52 25 150
Null hypothesis (Ho):
There is no significant relationship between educational qualification of the
respondents and their awareness level of Bajaj Allianz Life Insurance Company.
Alternate hypothesis (H1):
There is significant relationship between educational qualification of the
respondents and their awareness level of Bajaj Allianz Life Insurance Company.
The χ2 value is found with the help of the following formula.
χ2 = ∑ [(O – E) /E]2
Here, O= Observed frequencies, E= expected frequencies and the result are presented
below.
Calculated value (χ2) = 15.58
Degree of freedom = (c-1) (r-1)
= (4-1) (4-1) = 9
Table value for 9 degree of freedom @5% level of significance is 16.919
INFERENCE:
The researcher had applied chi- square test (χ2 ) to prove statistically whether
there is any significant relationship between the variables used for the study.
For this purpose the researcher has chosen educational qualification
(variable1) with the (variable 2) the respondent’s awareness level of Bajaj Allianz Life
Insurance Company.
When tested at 5% level of significance, it is found that the table value is
greater than the calculated value. Null hypothesis is accepted.
Hence it is concluded that educational qualification of the respondents has no
significant relationship with the awareness level of Bajaj Allianz Life Insurance
