Statistical
Test
Pearson Correlation
Analysis of Variance
Multiple Regression
NoB = Nature of Business
YoO = Years of Operation
FMP = Financial Management Practice
Pearson Correlation
Ho: There is no significant relationship between the Financial
Management Practices and Profitability.
Ha: There is a significant relationship between the Financial
Management Practices and Profitability.
Pearson Correlation
Correlations
FMP Profit
FMP Pearson 1 .264**
Correlation
Sig. (2-tailed) .002
N 137 137
Profit Pearson .264** 1
Correlation
Sig. (2-tailed) .002
N 137 137
**. Correlation is significant at the 0.01 level (2-tailed).
There’s a significant relationship between Financial
Management and Profitability
Analysis of Variance
Ho1: There's no significant Difference between means of Nature of Business
Ho2: There's no significant Difference between means of Years Operating
Ho3: There's no significant Difference between means of Financial Management Practices
Ho4: There's no interaction between Nature of Business and Years Operating
Ho5: There's no interaction between Nature of Business and Financial Magement Practices
Ho6: There's no interaction between Years Operation and Financial Management Practices
Ho7: There's no interaction between Nature of Business and Years Operating and Financial
Management Practices
p < a=.05 = Ho is rejected
p > a=.05 = fail to reject Ho
Analysis of Variance
Ha1: There’s a significant Difference between means of Nature of Business.
Ha2: There’s a significant Difference between means of Years Operating.
Ha3: There’s a significant Difference between means of Financial Management Practices.
Ha4: There’s an interaction between Nature of Business and Years Operating.
Ha5: There’s an interaction between Nature of Business and Financial Magement
Practices.
Ha6: There’s an interaction between Years Operation and Financial Management
Practices.
Ha7: There’s an interaction between Nature of Business, Years Operating, and Financial
Management Practices.
Analysis of Variance
(Small Enterprise)
Analysis of Variance
Ha: There’s no equal variance(Small Enterprise)
Ho: There’s an equal variance
Levene's Test of Equality of Error Variances a,b
Levene Statistic df1 df2 Sig.
Profit Based on Mean 1.589 17 43 .110
Based on Median .916 17 43 .561
Based on Median and with .916 17 19.640 .569
adjusted df
Based on trimmed mean 1.522 17 43 .132
Tests the null hypothesis that the error variance of the dependent variable is equal across groups.
a. Dependent variable: Profit
b. Design: Intercept + NoB + YoO + FMP + NoB * YoO + NoB * FMP + YoO * FMP + NoB * YoO * FMP
Analysis of Variance
(Small Enterprise)
Ho1: There's no significant Difference between means of Nature of
Business
- THERE’S A SIGNIFICANT DIFF. BETWEEN MEANS OF NOB
Ho2: There's no significant Difference between means of Years
Operating
- THERE’S A SIGNIFICANT DIFF. BETWEEN MEANS OF NOB
Ho3: There's no significant Difference between means of Financial
Management Practices
Ho4: There's no interaction between Nature of Business and Years
Operating
Ho5: There's no interaction between Nature of Business and Financial
Magement Practices
Ho6: There's no interaction between Years Operation and Financial
Management Practices
Ho7: There's no interaction between Nature of Business and Years
Operating and Financial Management Practices
p < a=.05 = Ho is rejected
p > a=.05 = fail to reject Ho
Analysis of Variance
(Small Enterprise)
Analysis of Variance
(Small Enterprise)
Analysis of Variance
(Small Enterprise)
Analysis of Variance
(Micro)
Ho1: There's no significant Difference between means of Nature of Business
Ho2: There's no significant Difference between means of Years Operating
Ho3: There's no significant Difference between means of Financial Management Practices
Ho4: There's no interaction between Nature of Business and Years Operating
Ho5: There's no interaction between Nature of Business and Financial Magement Practices
Ho6: There's no interaction between Years Operation and Financial Management Practices
Ho7: There's no interaction between Nature of Business and Years Operating and Financial
Management Practices
p < a = Ho is rejected
p > a = fail to reject Ho
Analysis of Variance
(Micro)
Ha1: There’s a significant Difference between means of Nature of Business.
Ha2: There’s a significant Difference between means of Years Operating.
Ha3: There’s a significant Difference between means of Financial Management Practices.
Ha4: There’s an interaction between Nature of Business and Years Operating.
Ha5: There’s an interaction between Nature of Business and Financial Magement
Practices.
Ha6: There’s an interaction between Years Operation and Financial Management
Practices.
Ha7: There’s an interaction between Nature of Business, Years Operating, and Financial
Management Practices.
Analysis of Variance
(Micro)
Analysis of Variance
(Micro)
Levene's Test of Equality of Error Variances a,b
Levene Statistic df1 df2 Sig.
Profit Based on Mean 1.589 17 43 .110
Based on Median .916 17 43 .561
Based on Median and with .916 17 19.640 .569
adjusted df
Based on trimmed mean 1.522 17 43 .132
Tests the null hypothesis that the error variance of the dependent variable is equal across groups.
a. Dependent variable: Profit
b. Design: Intercept + NoB + YoO + FMP + NoB * YoO + NoB * FMP + YoO * FMP + NoB * YoO * FMP
Analysis of Variance
(Micro)
Analysis of Variance
(Micro)
Analysis of Variance
(Micro)
Analysis of Variance
(Micro)
Multiple Regression (Small
Enterprise)
Ho: There's no Significant Relationship Between Financial Management Practices and Profitability
Ha: There's a Significant relationship Between Financial Management Practices and Profitability
Multiple Regression (Small
Enterprise)
Model Summary
Std. Error of the
Model R R Square Adjusted R Square Estimate
1 .654a .427 .419 23946.01438
a. Predictors: (Constant), FMP
Multiple Regression (Small
ANOVAa
Enterprise)
Model Sum of Squares df Mean Square F Sig.
1 Regression 29095613154.847 1 29095613154.847 50.741 <.001b
Residual 38991989120.653 68 573411604.715
Total 68087602275.500 69
a. Dependent Variable: Profit
b. Predictors: (Constant), FMP
Coefficientsa
Standardized
Unstandardized Coefficients Coefficients
Model B Std. Error Beta t Sig.
1 (Constant) 22581.076 7210.054 3.132 .003
FMP 17645.774 2477.195 .654 7.123 <.001
a. Dependent Variable: Profit
Multiple Regression (Micro)
Ho: There's no Significant Relationship Between Financial Management Practices and Profitability
Ha: There's a Significant relationship Between Financial Management Practices and Profitability
Multiple Regression (Micro)
Ho: There's no Significant Relationship Between Financial Management Practices and Profitability
Ha: There's a Significant relationship Between Financial Management Practices and Profitability
Multiple Regression (Small
Enterprise)
Multiple Regression (Macro)
Thank you!