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It Assignment
It Assignment
OBJECTIVE
The primary objective of this IT project is to conduct a
comprehensive analysis of consumer behaviour among social media
users, employing advanced statistical methodologies such as
regression analysis, correlation studies, and hypothesis testing.
Through this research, we aim to gain valuable insights into the
factors influencing user behaviour on social media platforms, identify
patterns, and draw meaningful conclusions that can inform strategic
decision-making for businesses and marketers in optimizing their
digital engagement strategies.
STEPS
1. Analysing and choosing a relevant topic for our analysis.
2. Preparing a short survey using google forms questionnaire and
collecting relevant data.
3. Sorting the data and choosing independent and a dependant
data for the analysis.
4. Analysing the raw data using regression, correlation and
hypothesis testing in excel and python.
5. Making a presentation.
CONTENTS (VARIABLES) OF OUR QUESSTIONAIRE
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DESCRIPTIVE STATISTICS
AGE
Mean 35.50909091
Standard Error 2.33259335
Median 31
Mode 18
Standard Deviation 17.29897527
Sample Variance 299.2545455
Kurtosis -0.774470911
Skewness 0.435977681
Range 72
Minimum 7
Maximum 79
Sum 1953
Count 55
Confidence Level(95.0%) 4.676568095
REGRESSION ANALYSIS
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.298978114
R Square 0.089387912
Adjusted R Square 0.072206552
Standard Error 25.87445902
Observations 55
ANOVA
df SS MS F Significance F
Regression 1 3483.082893 3483.082893 5.20261 0.026599847
Residual 53 35482.84438 669.4876298
Total 54 38965.92727
• This analysis indicates that there is a weak to moderate relationship between the
independent variable ‘Age’ and the dependent variable ‘Daily usage hours’.
• The R Square statistic of 0.089387912 indicates that 8.93% of the variation in the
dependent variable is explained by the independent variable.
• The Standard Error of 25.87445902 indicates that the estimated regression
coefficients are likely to vary from the true regression coefficients by up to
25.87445902 units.
• The ANOVA table shows the results of the F-test. The F-test is used to test whether
the overall regression model is statistically significant. The p-value for the F-test is
0.02659984. p-value is 0.026 which is less than 0.05 making the model significant
CORRELATION ANALYSIS
AGE Daily usage (in hours)
AGE 1 -0.247302992
Daily usage (in hours) -0.247302992 1
• The correlation coefficient of -0.247 between age and daily social media usage
suggests a weak negative relationship.
• As age increases, there tends to be a slight decrease in daily social media
engagement.
• However, the correlation is not strong, indicating that age alone may not be a robust
predictor of social media usage.
HYPOTHESIS TESTING
z-Test: Two Sample for Means
Variable 1 Variable 2
Mean 35.50909091 3.945454545
Known Variance 299.2545455 5.719191919
Observations 55 55
Hypothesized Mean Difference 0
z 13.40408444
P(Z<=z) one-tail 0
z Critical one-tail 1.644853627
P(Z<=z) two-tail 0
z Critical two-tail 1.959963985
z Critical one-tail: 1.645. This is the threshold for rejecting the null
hypothesis in a one-tailed test. Our z-statistic is much larger, further
supporting rejection.
INTERPRETATION: