Table of Contents

Executive Summary ....................................................................................................................... 2

1. Introduction ........................................................................................................................ 3
2. Objectives of the Report ..................................................................................................... 3
3. Methodology of the Report................................................................................................ 4
4. Limitations of the Report .................................................................................................. 4
5. Analysis of Data.................................................................................................................. 4
5.1. Home District ................................................................................................................. 4
5.2. Age Distribution ............................................................................................................. 6
5.3. Educational status .......................................................................................................... 8
5.4. Banking habit ................................................................................................................. 9
5.5. Loan Tendency ............................................................................................................. 10
5.6. Housing Condition ....................................................................................................... 11
5.7 Percentage of ownership of the main owner & corporate structure ....................... 12
5.8 Income status ................................................................................................................ 12
5.9 Correlation between Amount of Capital Invested and Monthly Profit .................. 14
6. Conclusion ........................................................................................................................ 15
 Executive Summary

This is a brief study on tea stall owners of Dhanmondi and Jigatola area, Dhaka City. It has
been done through field survey. Data have been collected from 20 randomly selected
owners interview. Then the sample data have been organized and analyzed using statistical
methods. From the analysis of the data, we have come to know the important demographic
features regarding age, home district, educational status, ownership status, housing
condition, banking habit, loan taking tendency and income status of the sellers. Numerous
statistical methods which we learnt from our course syllabus have been used here to
analyze the collected data.

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 1. Introduction

Tea is a popular drink in our country. Hence tea stall is easily seen in every place of our
country. A tea stall is a common place to all classes of people. In a tea stall hot drink or tea
is supplied. Biscuits, bread, bananas, betel leaf are also available here. It opens early in the
morning and closes late at night. It is usually found at the turn of the road, in the train
station or steamer ghats, near a factory or an office. It is not well furnished. Even in some
stalls there are no chairs but benches. A tea stall has normally two parts. In the front part
there are chairs, tables and show-cases. In the other part there is the kitchen. The owner
himself or employee serve the tea to customers. Different kind of people gather here. They
refresh themselves with cup of tea and discuss politics in a tea stall. Thus a tea stall is a
noisy and busy place. Really its utility cannot be ignored.

In this study, I have considered randomly selected 20 tea stall owners of Dhanmondi and
Jigatola of Dhaka city and have studied their socio-economic condition based on the
survey. We have used some indicators here like: age, home district, educational status,
ownership status, housing condition, banking habit, loan taking tendency, income status,
household condition and poverty level.

2. Objectives of the Report

The primary objective of this study is to learn to apply the statistical methods and
techniques. The other objectives are:
To learn how to use and improve the personal interview method
To get a clear and practical concept about field level survey
To get an experience of collecting data
To learn to apply theoretical knowledge in practical situations
To get a complete idea of the socio-economic condition of tea stall owners
To get a concept about the business policies of tea stall owners

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 3. Methodology of the Report

Methodology is the process and the combination of tools used in conducting a study. This
study is primarily based on primary data. For the collection of data, a random sample of 20
tea stall owners has been selected. Using the interview method and a personally fixed
questionnaire, data have been collected from them.
For all the statistical analysis of data and application of statistical methods and techniques
Microsoft Excel has been used. I have also used the course materials provided by the course
teacher.

4. Limitations of the Report

The limitations of this study are:

Unwillingness among most of the respondents to answer the full questionnaire.
Lack of time of the respondents.
Tendency to provide incomplete information.
Lack of experience of the questioner of dealing mass people.
Not getting enough cooperation from the respondents because of their unknown
fear.

5. Analysis of Data
Data have been collected from 20 randomly selected owners and have been analyzed using
the knowledge of business statistics course. Here, we have considered both qualitative and
quantitative variables.

5.1. Home District

People from different areas of Bangladesh always try to migrate in the capital city, Dhaka
for a better income source. Because, it seems that there are much more income sources in
Dhaka than any other districts of the country. So it is very natural that most of the sellers
under this survey are from outside of Dhaka.

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The survey shows that among the 20 tea stall owners of Dhanmondi and jigatola area of
Dhaka city, 30% are from Bhola district, 20% from Shariatpur, 15% from Dhaka, 10%
from Barisal and the rest 25% from Sirajganj, Madaripur, Faridpur, Mymensingh and
Noakhali ( each 5% ).
From the study, we can see that people from the adjacent districts prefer to start stall at the
same place.
We will show the home districts of 20 owners using a pie chart. Pie chart is a chart that
shows the proportion or percent that each class represents of the total numbers of
frequencies.

Figure 1: Pie chart showing home districts of the owners

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 5.2. Age Distribution
The age distribution of the 20 different owners from the collected data has been
categorized using a frequency distribution table first and then by a histogram.

Frequency Distribution
A frequency distribution is a grouping of data into mutually exclusive categories showing
the number of observations in each class. The number of observations in each class called
the class frequency.

Class Frequency Cumulative Frequency

20-30 7 7

30-40 6 13

40-50 5 18

50-60 2 20

Table 1: Frequency distribution of age of the owners

Histogram
A histogram is a graphical tool to represent quantitative information. The classes are
marked on the horizontal axis and the class frequencies on the vertical axis. The class
frequencies are represented by the heights of the bars.

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 Figure 2: Histogram of age of the owners
From the above histogram, it is easily understood that larger portions of the owners are
from 20-30 years of age.

Cumulative Frequency
Cumulative frequency polygon is another method which has been used to represent the
age distribution.

Figure3: Cumulative Frequency Polygon of Age Distribution

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 5.3. Educational status

Education is an important factor to measure the socio-economic condition of any person.

And it is a matter of relief that, from the sample data, we can see that most of the tea stall
owners are literate. 90% of them are able to read & write and only 10% of them are
illiterate.

Educational Status

10%

Read & write

Illiterate
90%

Figure 4: Pie Chart of Educational Status

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 5.4. Banking habit

From the study, it has been seen that 70% tea stall owners have bank accounts & they use
the accounts for personal purpose, not for the business issues. Maintaining a temporary
stall is a small ranged business, so they dont feel the necessity to make any bank
transactions for the business.

Banking Habit

30%
Bank account holders
No bank account
70%

Figure 5: Chart showing banking habit

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 5.5. Loan Tendency

From the study, we see that only 15% tea stall owners have taken loans from bank for the
family purpose or business. 85% of them have never taken any loans from bank. Reason
behind this is that they didnt get the opportunity to take loan from banks. However, 40%
owners feel the necessity of getting a loan from bank for the improvement of their business
& rest 60% do not want to involve themselves in these types of actions because they
consider these as burdens and troublesome.

Loan Tendency

15%

Have bank loan

Do not have loan

85%

Figure 6: Pie chart Loan taking tendency

Willingness of Future loans

40%
willingness to take loans
Unwillingness to take loans
60%

Figure 7: Pie chart of willingness to take further loans

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 5.6. Housing Condition

Housing condition of the tea stall owners has been shown below through graphical
representation:

Quality of Roof

12

10

8
Frequency
6

0
Tin Rod & cement

Figure 8: Bar diagram of quality of the roof of house.

Frequency of Quality of side walls

9
8
7
6
5
4
3
2
1
0
Tin Mud

Figure 9: Bar diagram of quality of side walls of house

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Above representation has been done on the basis of 16 owners. Rest 4 owners do not
have any house in the village.

5.7 Percentage of ownership of the main owner & corporate

structure
All of the twenty tea stall owners, I have studied, hold the 100% ownership of their
business and no one has any partners with him and none of them has any plan to make a
partner.

5.8 Income status

We can judge the socio-economic condition of any person by measuring his income. In this
study, we consider the average monthly profit of the owners as their income. By analyzing
the data of income, I have got the statistical measures such as: mean, median, standard
deviation, variance, range, skewness, maximum and minimum values.
For ungrouped data, the sample mean is the sum of all the sample values divided by the
number of sample values.
The median is the midpoint of the values after they have been ordered from the smallest to
the largest.
The standard deviation is the measure of how much spread the numbers are.
The range is defined as the difference between the maximum value and the minimum value.

Monthly Profit
18000 22500 22000 17000 21000

20000 19000 19000 19500 19000

19000 17500 25000 26000 20000

25500 21500 18000 27000 18500

Table 2: Average monthly profit of the tea stall owners

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Mean, Median, Sample Variance, Standard Deviation and Skewness
Calculation

Mean 20750

Median 19750

Standard Deviation 3010.945

Range 10000

Sample Variance 9065789.5

Skewness 0.996

Maximum value 27000

Minimum value 17000

Sum 172250000

Count 19

Table 3: Summary Statistics of monthly Profit

From the above analysis of the monthly profit data, we have found that the mean
amount of profit or income of the sample owners is around Tk.20750 per month. The
median value is Tk.19750. This indicates that half of the respondents have an income less
than Tk.19750 per month and the rest half have an income which is above Tk.19750 per
month. The standard deviation reports that the variation or spread in the monthly profit
distribution is about Tk.3010.945. The minimum amount of profit earned by the tea stall
owners is Tk. 17000 per month and the maximum amount earned is Tk.27000 in a month.
The monthly profit distribution for the sample data is moderately positive skewed.

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5.9 Correlation between Amount of Capital Invested and
Monthly Profit

Correlation analysis is the study of measuring the linear association between two variables.
The coefficient of correlation (r) is a statistical measure of the strength of linear relationship
between two variables. The correlation coefficient is expressed as:

The value of this correlation coefficient r ranges from -1 up to +1. Positive value indicates
positive or direct relationship between variables and negative value indicates an inverse or
negative relationship between the variables.
In this report, the amount of capital invested is set as the independent variable(X) and the
amount of monthly profit as the dependent variable(Y).
Capital Invested (X) Monthly Profit (Y)
15000 18000
16500 20000
15000 19000
16000 25500
16000 22500
15000 19000
15500 17500
15000 21500
16000 22000
10000 19000
12500 25000
16000 18000
15500 17000
17000 19500
15500 26000
18000 27000
16000 21000
16500 19000
15500 20000
16500 18500
Table 4: Amount of capital invested & average monthly profit
We find that the value of correlation coefficient(r) = 0.144. This indicates that there is
almost no correlation between the current amount of capital invested and monthly profit.

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The coefficient of determination (r2) is the proportion of the total variation in the
dependent variable Y which is explained by the variation in the independent variable X.
The value of the coefficient of determination (r2) is .02. This indicates only 2% of the
variation in the monthly profit data are explained by the variation in the current amount of
capital invested.

6. Conclusion

In this report, I have attempted to show the practical application of some basic knowledge
of statistics. After analyzing the data, I got a basic knowledge about the socio economic
condition of the tea stall owners of Dhanmondi and Jigatola area. It is found that the
average monthly profit of the owners is around Tk.20750. the respondents whose interview
I took have less variation in the monthly profit. The reason is almost all of the respondents
stall was same size and located nearly. The monthly profit distribution is also moderately
positive skewed for the sample data. Most of the respondents interviewed are from Bhola
and Shariatpur districts and largest portion are from the age group 20-30. We have also
found that most of the sellers are literate. It is really good news for us. 80% of the
respondents have own home in village. They have not taken any training before opening
their shops, but still they are running their business successfully. None of them are
associated with some kinds of trade associations. From correlation analysis of the sample
data it has been found that there is almost no correlation between the amount of capital
invested and the monthly profit. It is because the owners different personality. Some
Owners can easily attract customers by their friendly behavior or thorough the taste of tea.
One owner might have less current capital investment but the sales volume is high due to
his inner ability. On the other hand another tea stall might be big but the owner cant attract
as many customers as the previous one. However almost all of the respondents feel that
their income source is not sufficient to maintain a standard life since the cost of living is
so high

Finally, from this survey, we come to know that a large number of people in our country
are engaged in this profession because its easy to enter in this business which is playing a
vibrant role in our national economy.

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