The document presents results from an ANOVA test comparing entrepreneurs' experience levels to several characteristics. It finds:
1) Entrepreneurs with more experience (over 15 years) scored significantly lower on goal setting, independence, and innovating than less experienced entrepreneurs.
2) There was no significant relationship found between experience level and entrepreneurs' problem-solving ability or uncertainty bearing.
3) The null hypothesis that there is no relationship between experience and the selected entrepreneurial characteristics is rejected for goal setting, independence, and innovating, but not rejected for problem solving and uncertainty bearing.
The document presents results from an ANOVA test comparing entrepreneurs' experience levels to several characteristics. It finds:
1) Entrepreneurs with more experience (over 15 years) scored significantly lower on goal setting, independence, and innovating than less experienced entrepreneurs.
2) There was no significant relationship found between experience level and entrepreneurs' problem-solving ability or uncertainty bearing.
3) The null hypothesis that there is no relationship between experience and the selected entrepreneurial characteristics is rejected for goal setting, independence, and innovating, but not rejected for problem solving and uncertainty bearing.
The document presents results from an ANOVA test comparing entrepreneurs' experience levels to several characteristics. It finds:
1) Entrepreneurs with more experience (over 15 years) scored significantly lower on goal setting, independence, and innovating than less experienced entrepreneurs.
2) There was no significant relationship found between experience level and entrepreneurs' problem-solving ability or uncertainty bearing.
3) The null hypothesis that there is no relationship between experience and the selected entrepreneurial characteristics is rejected for goal setting, independence, and innovating, but not rejected for problem solving and uncertainty bearing.
below 5 years 20 2.70 .733 6-10 years 29 2.34 .974 11-15 years 13 2.31 .751 above15years 8 1.50 .535 Total
70 2.34 .883 Problem solving
below 5 years 20 2.35 .813 6-10 years 29 2.28 .841 11-15 years 13 2.23 .599 above15years 8 1.63 .744 Total
70 2.21 .797 Uncertainity bearing
below 5 years 20 2.30 .571 6-10 years 29 2.38 .775 11-15 years 13 2.38 .768 above15years 8 1.75 .463 Total
70 2.29 .705 independence
below 5 years 20 2.45 .605 6-10 years 29 2.14 .743 11-15 years 13 2.15 .555 above15years 8 1.50 .535 Total
70 2.16 .694 innovating
below 5 years 20 2.00 .000 6-10 years 29 2.00 .000 11-15 years 13 1.92 .277 above15years 8 1.25 .463 Total
70 1.90 .302 Table 7a ANOVA for Experience vs. selected entrepreneurial characteristics
df
Mean Square
F
Sig. Goal setting
Between Groups 3 2.750 3.987 .011
Within Groups 66 .690 Total
69 Problem solving
Between Groups 3 1.087 1.770 .162 NS
Within Groups 66 .614 Total
69 Uncertainity bearing
Between Groups 3 .894 1.866 .144 NS
Within Groups 66 .479 Total
69 independence
Between Groups 3 1.727 4.058 .010
Within Groups 66 .426 Total
69 innovating
Between Groups 3 1.292 35.200 .000
Within Groups 66 .037 Total
69 Within Groups 66 .844 Total
69
INTERPRETATION:
H0: there is no significant relationship between the experiences of the respondents and the selected entrepreneurial characteristics. From the above table it is inferred that the P values for goal setting, independence and innovating are less than 0.05, the null hypothesis is rejected except in the case of problem solving, uncertainty bearing Thus there is significant relationship between the opinions of the respondents towards the selected entrepreneurial characteristics based on their experience in their entrepreneurship career.