ANALYSIS OF SALES OF FIXED DEPOSIT AT INDIAN BANK AND BANK OF INDIA.

PROBLEM FORMULATION To know which bank’s FD is performing

consistently. To ascertain whether performance of

both Bank’s FD in terms of sales is same or not.

RESEARCH METHODOLOGY The study is based on Primary data. Random sampling technique has been

used to collect FDs of Two Bank A sample of 12 months has been taken. Hypothesis testing method has been

used.

ANALYSIS OF DATA The data collected were analyzed with

the help of various statistical tools like standard deviation and mean.

A hypothesis testing was performed on the selected data.

DATA ANALYSIS OF TWO BANKS

INDIAN BANK BANK OF INDIA

Month Sales(I.B) X (X-A) (X-A)2Sales(BOI)

Y (Y-B) (Y-B)2Aug-09 250 -21 441 285 22 484

Sep-09 264 -7 49 290 27 729

Oct-09 350 79 6241 240 -23 529

Nov-09 260 -11 121 265 2 4

Dec-09 275 4 16 230 -33 1089

Jan-10 225 -46 2116 200 -63 3969

Feb-10 280 9 81 241 -22 484

Mar-10 245 -26 676 275 12 144

Apr-10 285 14 196 245 -18 324

May-10 279 8 64 285 22 484

Jun-10 254 -17 289 295 32 1024

Jul-10 285 14 196 305 42 1764

Total 3252 0 10486 3156 0 11028

INDIAN BANK BANK OF INDIA

Mean (A) = 271 Mean (B) = 263

Sd = 29.56 Sd = 29.94

Lets make hypothesis that both bank have same mean

H0 : ц1 = ц2 H1 : ц1 ≠ ц2 (Assume that both have different mean)

t test at Level of significance 5% Pooled standard deviation Sp = 29.93 Standard Error = 12.22 Critical value = +/- 2.07 Observed value = 0.6545

As observed value 0.6545 lies between Critical value +/- 2.07, we are accepting the hypotheses Ho and rejecting H1.

LIMITATIONS Data given by bank employee may or

may not be 100% accurate. Sample size is too small. Data is collected from only one branch

of both banks.

CONCLUSION On the basis of mean we can say that

sale of FD of Indian Bank is more than that of Bank of India.

On the basis of Sd we can say that sale of FD of Indian Bank is more consistence than that of Bank of India.

By the help of hypothesis testing we have proved that the mean sale of FD of both the banks are same.