Statistical Analysis of Students’ Expenditure in Tertiary Institutions (a Case Study of IMT Enugu 2004/2005 Sessions)
Chapter One
PREAMBLE TO 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. Some of the student’s need which propel them to spend could be enumerated thus: school fees, hotel fees, feeding, transport fares, drinks and educational materials, etc.
CHAPTER TWO
LITERATURE REVIEW
Some people had said their opinion and contribution on this project. They had recommended that students should spend judiciously and should avoid unnecessary spending.
According to professor Lionel Robbins, a renowned social scientist and an economist, in are of his works. “Fundamentals of Economics (1993)”, noted that human wants were not satiable, but the resources with which to satisfy them were scarce. In this respect, one has to make a good scale of preference and choose the most important to maximize utility.
Kenneth C. Agbasi (1988), Head of computer science of Nnamdi Azikiwe University, Awka at the commission of IBM computer commended the effort of National Association of Computer Science Student (NACOSS). In his work he said “the president hard never wasted the departmental money but he used it to purchase computer for the departmental usage”.
Obasi P.V. (1992) made a research on “ students’ expenditure on consumption of food beverages” her work was generally good, particularly her analysis, she verified that students’ expenditure on carbonated and non-carbonated food beverages was independent of sex. From her analysis of variance, she said that quantities of carbonated drinks consumed by students depend on school and the rate at which male students taken alcohol beverages was high. In her recommendations, she said that students should abstain from alcohol such as: beer, rum, etc, because of their adverse effect on health.
CHAPTER THREE
RESEARCH METHODOLOGY
SOURCE OF DATA
This survey is carried out in the Institute of Management and Technology Enugu. Primary data is used and questionnaires are distributed to the six schools at randomly.
SCOPE OF STUDY
The scope of study covered only the regular students of IMT, Enugu of 2004/2005 session.
SAMPLING FRAME
It is the comprehensive lists of all the regular students of Institute of Management and Technology, Enugu from 2004/2005 session, and obtained from admission’s office.
CHAPTER FOUR
ANALYSIS
ANALYSIS INVOLVING TEST OF TWO MEANS
This analysis was performed in order to find out whether there is a significant difference betweens the two means of students’ expenditure on food.
CHAPTER FIVE
FINDINGS, RECOMMENDATIONS AND CONCLUSION
In analysis to test the difference of two means, we noted that the females’ spending on items are not same with males’ spending on items. This is because females spend much high than males’ students.
And also we found out that the age group between 18 – 25 years speed much higher than above 25 years. This shows that the expenditure of students by age groups are not same.
Again, we found out that the students whose parents are rich spend much higher than the students whose parents are averagely rich.
Finally, we recommend that students should not spend their money unnecessarily and should avoid alcoholic and cigarettes. And also parents should support their children in higher education because students need money for their higher education like: school fees, hostel, educational materials, etc.
REFERNCES
- FRANK OWEN A ND RON JONES (1977): STATISTICS
- EZE OSONDU H. (1997): BASIC RESEARCH METHODOLOGY
- PIUS V. UGWU (2003): DIGESTIVE PRINCIPLE AND TECHNIQUE OF STATISTICS
