ARCHIVES
VOL. 9, ISSUE 5 (2023)
Multivariate analysis of risk perception and investment decision with the influence of demographic factor
Authors
P Nagalakshmi, M Selvakumar
Abstract
The study shows a clear difference in how risk perception and
investment choice are affected by age group. Convenient sampling, a
non-probability approach, was used in the investigation. The socio-demographic
characteristics of the 70 respondents in the sample who were used in this study
led to the selection of this methodology. Multivariate Analysis (MANOVA), a
statistic tool, was used to test the hypothesis, before test the hypothesis
full fill the given assumption for the MANOVA analysis, for that we test the
multivariate normality attains the mahal Nobis value is less than the 5.99 it
confirmations that the data were normally distribute and multicollinearity
variance express that correlation between the group should be less than 0.9,
hence the assumption were full fill the thumb rule and to do a further analysis
for testing the hypothesis framed for the study. The result found that through
the analysis, the null hypothesis was accepted. Therefore, the age element has
no bearing on investing decisions or perceptions of risk.
Download
Pages:51-53
How to cite this article:
P Nagalakshmi, M Selvakumar "Multivariate analysis of risk perception and investment decision with the influence of demographic factor". International Journal of Commerce and Management Research, Vol 9, Issue 5, 2023, Pages 51-53
Download Author Certificate
Please enter the email address corresponding to this article submission to download your certificate.