STATISTICAL ANALYSIS OF STUDENTS’ EXPENDITURE IN TERTIARY INSTITUTIONS
The aims of this project are to describe the various ways in which students spend their money and to advise them on how to spend their money judiciously.
About three hundred and sixty questionnaires were distributed randomly to six schools and one hundred and forty valid returns of questionnaires were gathered.
From the analyses, it was discovered that despite the hard earned income of parents, most students insist on spending their money extravagantly. This is mostly found commonly the female students. According to the data age was identified as one of the major factors which influence the spending habit of students. Students below twenty – five years spend higher than students above twenty-five years. We also noted that students whose parents are wealthy spend much higher than students whose parents are averagely rich.
Finally, students should judiciously spend money only on important items and should avoid ostentations spending.
1a Computation of variance from pilot survey
1b Computation of sample size
2a Data on students’ spending habit
2b F – ratio table
LIST OF TABLES
1. Distribution of students by school
2. Allocation of questionnaire s (pilot survey) to the size schools
3. Allocation of questionnaires to different schools
4. Average monthly spending of students’ in relation to their parents’ status
5. Average monthly spending of students by age group.
TABLE OF CONTENTS
1.2 Aims and objective
1.3 Definition of terms and concepts
2.0 Literature Review
3.1 Source of data
3.2 Sampling frame
TABLE 1 THE DISTRIBUTION OF REGULAR STUDENTS
3.3 Sampling plan
3.4 Reasons for stratification
3.5 Method of data collection
3.6 Problems encountered during data collection
3.7 Pilot survey
3.8 Assumption for stratification
3.9 Table 2 allocation of questionnaires (pilot survey) to the six schools a nd their valid returns
3.10 Determination of variance
3.11 Determination of sample size
3.12 Theoritical frame work
CHAPTER FOUR ANALYSIS
4.1 Analysis Involving Test Of Two Means
4.2 Anova Involving Test Of Two Means
Findings, recommendation and conclusion
1.1 BACKGROUND OF THE STUDY
Having said this, government can spend money for projects like building of schools, construction of roads, establishments of electricity, etc and these erupt development in our country. Parents also later for the need of their children and enrich them with huge sums of money as pocket money.