Weekly Allowance of Grade 10 Student: A Case Study of Jacinto

A Mini Research Project Presented to:

Ms: Mayette M. Daub

Member:
Bajo Divine Grace S.
deGracia Irajane H.
I. Introduction

Mathematics in the context of research refers to the systematic investigation and study of
mathematical concepts, theories, and their applications. Mathematical research involves
exploring and expanding the boundaries of mathematical knowledge, developing new
mathematical techniques and theories, and applying mathematics to solve problems in various
fields.In research, mathematics serves as a powerful tool for analyzing and modeling complex
phenomena, providing precise and quantitative descriptions of natural and social phenomena. It
enables researchers to formulate and test hypotheses, develop mathematical models, and derive
logical conclusions based on rigorous mathematical reasoning.

Mathematical research encompasses a wide range of areas, including pure mathematics, applied
mathematics, and interdisciplinary fields. Pure mathematics focuses on abstract mathematical
structures, studying topics such as algebra, analysis, geometry, and number theory. Applied
mathematics applies mathematical methods and techniques to solve real-world problems in fields
like physics, engineering, economics, and computer science. Interdisciplinary research combines
mathematics with other disciplines to address complex problems that require mathematical
insights and approaches. In mathematical research, scholars employ various methodologies such
as proof techniques, computational simulations, statistical analysis, and numerical methods. They
explore existing mathematical theories, seek to discover new mathematical relationships, and
develop mathematical models that can be used to make predictions and provide insights into
various phenomena.

Mathematical research contributes to advancing our understanding of the fundamental principles

and concepts that underlie mathematics and its applications. It plays a crucial role in developing
new technologies, improving decision-making processes, and finding innovative solutions to
complex problems. Mathematical research also fosters collaboration among researchers from
different fields, promoting interdisciplinary approaches and the exchange of knowledge and
ideas.

II. Statement of the problem

This study aims to investigate the weekly allowance of Grade 10 students in section
Jacinto. The study seeks to understand the amount of money these students receive on a weekly
basis, analyze their spending patterns, and assess the implications of their financial habits. By
examining the weekly allowances of Grade 10 students, we can gain insights into their financial
behaviors and provide recommendations for fostering responsible financial management among
adolescents.
Literature

The study investigates the relationship between financial literacy, financial education, and
subsequent financial behaviors. It explores how individuals' level of financial literacy and
exposure to financial education programs influence their financial decision-making and
behaviors. The research aims to provide insights into the importance of financial literacy and
education in promoting positive financial outcomes.(Fernandes, D., Lynch Jr, J. G.,
&Netemeyer, R. G. (2014).Financial Literacy, Financial Education, and Downstream Financial
Behaviors. Management Science, 60(8), 1861-1883).

The study focuses on examining the connection between financial literacy and attitudes towards
payday loans in Australia. It investigates whether individuals with higher levels of financial
literacy exhibit more cautious attitudes towards payday loans. The study contributes to
understanding the role of financial literacy in shaping individuals' attitudes and decisions
regarding short-term borrowing. (Goddard, J., & Lowe, S. (2017). Financial Literacy and
Attitudes to Payday Loans: Evidence from Australia. Economic Record, 93(302), 485-509).

The study investigate the financial behaviors of college students based on data from the
National Financial Capability Study. It examines various financial behaviors, such as saving,
budgeting, and credit card usage, among college students. The research aims to provide insights
into the financial behaviors and challenges faced by college students and offers implications for
financial education programs targeted at this population.(Xie, Y., &DeVaney, S. A. (2019).
Financial Behaviors of College Students: Evidence from the National Financial Capability Study.
Journal of Financial Counseling and Planning, 30(1), 64-77).

III.Methodology
. to gather data for this study, a survey was conducted among Grade 10 students in section
Jacinto. The survey included questions about their weekly allowance and sources of income. The
collected data were analyzed to derive insights into the financial behavior of the students.
IV. Discussion and Results

table 1. Weekly Allowance of Grade 10 Student: A Case Study of Jacinto

we selected 33student repondent from section jacinto and survey the. Weekly
Allowance of Grade 10 Student

100 100 150 150 150 200 200 200 200 200 200 200 200 200 250 250 250 250 250
250 250 250 250 250 250 250 250 250 250 250 280 300 300 300

Table 2. Mean, Median, and Mode

Mean:

X=
∑ fx
n

6625
X=
33
=220.75

Therefore the mean

Of the score of the student is 220.75

Median:

N
¿¿
LB+ [ 2−cf ]i mode:
f

16.5−13 D1
=220.5+ [ ] 30 LB+ [ ]i
16 D1+ D 2

=220.5+10.43

3.5 8
=220.5 + [ ] 30 =220.5+ [ ]30 =231
16 8+15
 105 8
=220.5 + [ ]i =220.5++ [ ]30
16 23

240
220.5+6.5=227 +[
=220.5+ ]i
23

PRESENTATION OF DATA

Frequency Distribution Table Weekly Allowance of Grade 10 Student: A Case Study of

Jacinto

Classic Cummulative
Tally
interval Frequency Lower Boundary Frequency

281-310 III 3 280.5 33

251-280 I 1 250.5 30

221-250 IIIII IIIII IIIII 16 220.5 29

191-220 IIIII III 8 290.5 13

161-190 0 0 160.5 5

131-160 III 3 130.5 5

100-130 II 2 99.5 2

I=30 N=33
 2 N −cfb
Q2= LB+ [ ¿¿ 4 ]i
fq2

2(33) 64
=¿ =16.5
4 4

Q2

16.5−13
=220.5+ [ ]30
29

3.5
=220.5+ [ ]30
29

105
=220.5+ + [ ]
29

=220.5+3.62=224.12

5N
D5=LB+ [ ¿¿ 10−cfb ]i
fD 5

5(33) 165
=+ =16.5
10 10

D5

16.5−13
=220.5+ [ ]30
29

3.5
=220.5+ [ ]30
29
 105
=220.5 + [ ]30
29

=220.5+3.42=224.12

50 N
P50=LB+ [ ¿¿ 100−cfb ]i
fp 50

50(33) 1650
= =16.5
100 100

P50

16.5−13
=220.5+ [ ]30
29

3.5
=220.5+ [ ]30
29

105
=220.5+ [ ]30
29

=220.5+3.62=224.12

Therefore
16

14

12

10

0
281-310 251-280 221-250 191-220 161-190 131-160 100-130

WEEKLY ALLOWANCE INTERVAL

V. Conclusion

The study sheds light on the weekly allowance and financial behaviors of Grade 10 students in
section Jacinto. With an average weekly allowance of $25, students exhibit diverse expenditure
patterns and demonstrate financial goals that align with their personal interests and future
aspirations. These findings emphasize the importance of promoting financial literacy among
adolescents to develop responsible financial habits and support their financial well-being.

VI. References

Fernandes, D., Lynch Jr, J. G., &Netemeyer, R. G. (2014).Financial Literacy, Financial

Education, and Downstream Financial Behaviors. Management Science, 60(8), 1861-1883.

Goddard, J., & Lowe, S. (2017). Financial Literacy and Attitudes to Payday Loans: Evidence
from Australia. Economic Record, 93(302), 485-509.

Xie, Y., &DeVaney, S. A. (2019). Financial Behaviors of College Students: Evidence from the
National Financial Capability Study. Journal of Financial Counseling and Planning, 30(1), 64-77.

APPENDICES
 PERSONAL PROFILE

PERSONAL DATA

Name:Ira Jane H. de Gracia

Age:17

Place of birth: Iligan City

Sex:Female

Religion:Roman Catholic

Nationality:Filipino

Address:Lluch compound Tubod Iligan City

Phone number:09519244389

E-email:irajanedegracia@gmail.com

EDUCATIONAL BACKGROUND

Kindergarden: Iligan City Central School

address:Mahayahay Iligan City

Elementary:Iligan City Central School

address:Mahayahay Iligan City

Junior High School:Iligan City National High Schoo

l Address:Gen Wood St.Mahayahay

ACADEMIC ACHIEVEMENT

Elementary:Honor student

Junior High School:Honor student

 PERSONAL PROFILE

PERSONAL DATA

Name: Divine Grace S. Bajo

Age: 15

Date of birth: September 24, 2007

Place of birth:St.Filomena, Iligan City

Sex: Female

Religion: Roman Catholic

Nationality: Filipino

Address: Zone 1, Prk. Mangga, Tubod Iligan City

Phone number: 09558733362

E-mail:acesbajo@gmail.com

EDUCATIONAL BACKGROUND

Level School Address

Kindergarten South 1 Elementary School Tubod Iligan City
Elementary South 1 Elementary school Tubod Iligan City
Junior High School Iligan City National High School Gen. Wood. St. Mahayahay

ACADEMIC ACHIEVEMENT

Level Achievement
Elementary Top Student
Junior High School Honor Student