Assignment 2 - Two way ANOVA Consider the data; bank.

k.sav Business per employee can also be compared across the years in addition with type of the bank Check if there is significant difference in business per employee for different bank types across the given years.

Hypothesis Hypothesis 1; Business per employee is equal in all types of the banks Hypothesis 2; Business per employee for each of the given years is same
Data Set Between-Subjects Factors Value Label SBI & its Associates Nationalised Banks Other Scheduled Commercial Banks Foreign Banks 2003-4 2004-5 2005-6 2006-7 2007-8 N 40 99 114 140 77 79 79 79 79

ANOVA TABLE Dependent Variable: Business Per Employee Source Corrected Model Intercept BankType Year_Bu Error Total Corrected Total a. Type III Sum of Squares 36770183.972
a

Df 7 1 3 4 385 393 392

Mean Square 5252883.425 108497213.403 10566833.763 1293367.390 171183.187

F 30.686 633.808 61.728 7.555

Sig. .000 .000 .000 .000

108497213.403 31700501.288 5173469.561 65905526.981 276891935.070 102675710.954

R Squared = .358 (Adjusted R Squared = .346)

R square=0.358 indicates that variance explained by this analysis is 36% Sig value =0.000 for types of banks and years of business indicates that there is significant difference in business per employee in all five types of banks and for all years of business.

Pair Wise Comparisons for type of Banks

Pair wise Comparisons Dependent Variable: Business Per Employee (I) Type of Bank (J) Type of Bak Mean Difference (IJ) Nationalised Banks SBI & its Associates Other Scheduled Commercial Banks Foreign Banks SBI & its Associates Nationalised Banks Other Scheduled Commercial Banks Foreign Banks SBI & its Associates Other Scheduled Commercial Banks Nationalised Banks Foreign Banks SBI & its Associates Foreign Banks Nationalised Banks Other Scheduled Commercial Banks -80.8049 -125.5253 -675.8060
*

Std. Error

Sig.

77.51582 76.03411 74.17760 77.51582 56.83951 54.33102 76.03411 56.83951 52.19525 74.17760 54.33102 52.19525

.725 .351 .000 .725 .860 .000 .351 .860 .000 .000 .000 .000

80.8049 -44.7204 -595.0011

*

125.5253 44.7204 -550.2807 675.8060 595.0011 550.2807

* * * *

Pair wise comparisons for bank types indicate that business per employee of Foreign Banks is significantly different from business per employee of behavior of SBI & its Associates, Nationalized Banks and Other Scheduled Commercial Banks. Positive mean difference means business per employee is higher in Foreign Banks. Banks other than Foreign banks need to find out why in Foreign banks the business per employee is greater.

Homogenous Subsets
Business Per Employee( Rs Million) Tukey HSD
a,b,c

Type of Bak

N 1

Subset 2 368.2940 449.0989 493.8193 1044.1000 .230 1.000

SBI & its Associates Nationalised Banks Other Scheduled Commercial Banks Foreign Banks Sig.

40 99 114 140

Means for groups in homogeneous subsets are displayed. From the table above, banks which have similar values are grouped.

Pair Wise Comparisons for Years of business

Pair wise Comparisons Dependent Variable: Business per Employee (I) Year of Business (J) Year of Business 2004-5 2003-4 2005-6 2006-7 2007-8 2003-4 2004-5 2005-6 2006-7 2007-8 2003-4 2005-6 2004-5 2006-7 2007-8 2003-4 2006-7 2004-5 2005-6 2007-8 2003-4 2007-8 2004-5 2005-6 2006-7 Mean Difference (I-J) -41.7542 -117.3695 -172.4880 -324.8540
*

Std. Error 66.25733 66.25733 66.25733 66.25733 66.25733 65.83124 65.83124 65.83124 66.25733 65.83124 65.83124 65.83124 66.25733 65.83124 65.83124 65.83124 66.25733 65.83124 65.83124 65.83124

Sig. .970 .392 .072 .000 .970 .780 .275 .000 .392 .780 .919 .015 .072 .275 .919 .142 .000 .000 .015 .142

41.7542 -75.6153 -130.7338 -283.0999

*

117.3695 75.6153 -55.1185 -207.4846

*

172.4880 130.7338 55.1185 -152.3661 324.8540 283.0999 207.4846

* * *

152.3661

Pair wise comparisons for years of business indicates that business per employee of 2007-8 is significantly different from business per employee of 2003-4, 2004-5, 2005-6 and 2006-7. Positive mean difference means business per employee is higher in 2007-8. Banks need to find out why the business per employee is greater in 2007-8 and implement actions.

Homogenous Subsets
Business Per Employee( Rs Million) Tukey HSD
a,b,c

Year of Business

N 1

Subset 2 533.8452 575.5994 651.2147 706.3332 706.3332 858.6992 .070 .144

2003-4 2004-5 2005-6 2006-7 2007-8 Sig.

77 79 79 79 79

Means for groups in homogeneous subsets are displayed. From the table above, years of business which have similar values are grouped.

In year 2007-8, business per employee is highest. Foreign banks have highest business per employee.