Professional Documents
Culture Documents
Thus the p value is 0.00 and the significance value is less than 0.05 hence
we can reject the null hypothesis that all means are equal.
Conclusion:
The null hypothesis that the means of importance of all the features are
equal can be rejected from the results. This means that every feature is not
equally important.
After one-way ANOVA we know that all the influencers are not equally
important to the customer. Now we do a Least Squared Difference (LSD)
test to find out which influencers is more important than the others. It
provided a multiple comparison across influencers.
Conclusion:
No single influencer can be said to be superior to others. However,
Review from family/friends and Good online Review are the two most
important activities that are better than all the others. TV ads are least
effective as influencers in decision making process.
After the Least Squared Difference method we found out that Review from
Family/Friends and Brand are two most important influencers in decision
making process. Now let us verify if these two influences are equally
prominent among all age group and different gender.
Thus the p value is 0.122 and the significance value is less than 0.05 hence
we can accept the null hypothesis that Review from Family/Friends is
equally important for people of all age groups.
genders
Thus the p value is 0.285 and the significance value is less than 0.05 hence
we can accept the null hypothesis that Review from Family/Friends is
equally important for both the genders
Thus the p value is 0.608 and the significance value is less than 0.05 hence
we can accept the null hypothesis that Brand is equally important for people
of all age groups
Thus the p value is 0.678 and the significance value is less than 0.05 hence
we can accept the null hypothesis that Brand is equally important for people
of both the genders.