Q11.

Do you think mutual fund is the best suitable option in current

scenario?
Options
Yes
No

Percentage of Respondents
80
20

Interpretation:
Most of the respondents say that mutual fund is the best suitable option in
current scenario as mutual funds are giving attractive returns due to
increasing market situations.

HYPOTHESIS TESTING
Null Hypothesis

Mutual Fund is not the best suitable option in current

Scenario.

Alternate Hypothesis-

Mutual Fund is the best suitable option in current

Scenario.
Observed

Sr. Officers
Employees
Total

Yes
12
28
40

Total
No
8
2
10

20
30
50

Expected
Yes
16
24

No
4
6

Expected value = Row total * Column total / Total for table (2)
Chi Square X2 = [(Observed Frequency Expected Frequency)2 / Expected
frequency]
Chi Square X2 = (12-16)2/16 + (8-4)2/4 + (28-24)2 /24+ (2-6)2/6
X2 = 1+4+0.66+2.66
Degree of Freedom = (no. of rows-1) (no. of col-1) = (2-1)* (2-1) = 1
At Probability Value = 0.05
Degree of Freedom = 1
Chi Square Value = 3.84 which is less than the calculated value i.e. X2 = 8.32
This shows that our Null hypothesis is rejected and alternate hypothesis is
accepted.