Assessing MSMEs Growth Through Rosca Involvement Using Paired t-Test and One Sample Proportion Test
| Autor: | Mary Adehi, Bilkisu Farouk, O. D. Adubisi, I.J. David |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
050204 development studies
media_common.quotation_subject 05 social sciences Sample (statistics) Standard score Interest rate Test (assessment) Snowball sampling 0502 economics and business Disbursement Demographic economics Business Small and medium-sized enterprises 050207 economics Student's t-test media_common |
| Zdroj: | Journal of Social and Economic Statistics. 9:30-42 |
| ISSN: | 2285-388X |
| DOI: | 10.2478/jses-2020-0011 |
| Popis: | In this research work, rotating savings and credit association (ROSCA) effect on the growth of micro, small and medium enterprises (MSMEs) and identification of a factor supporting the continuity of ROSCAs is studied. A well-designed questionnaire with a reliability value of 0.957 was distributed to 400 entrepreneurs in Wukari through snowball sampling technique. After validity check, 368 valid questionnaires were used for the research. Firstly, a paired t-test was applied to know if entrepreneurs achieve significant positive growth in their business before and after 5 years of joining ROSCAs. At 5% level of significance, entrepreneurs achieved significant positive growth in their businesses 5 years and above of joining ROSCAs. Secondly, a one sample proportion Z-score test was used to identify the major factor responsible for ROSCAs continuity. At 5% significance level, flexibility was identified as the major factor responsible for ROSCAs. It was concluded based on the results obtained that ROSCAs has a significant positive effect on the growth of MSMEs and ROSCAs continuity towards MSMEs growth is due to its flexibility factor in terms of operations, disbursement, seeking loans and interest rate. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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