Based on the summary of descriptive statistics result presented in Table 2 below, interpret and briefly discuss the results for each variable (Hit: Apply measurement concepts of central tendency and dispersion

Question

Table 2: Summary of descriptive statistics results for the variables
There was spillover effect of Knowledge on economic planning process at village level
20
22.2
25
27.8
28
31.1
22
28.9
90
Variable
Perception on Rate of Project failure
Age Gender Education (in years of schooling)
Mean
0.576471 39.61176 0.647059 16.64706
Std. Dev.
0.4970 40.2850 0.4807 1.1922
Min. Max.
0 1 25 75 0 1 13 18

Inadequate Fund Low/no community participation Change in government priorities Inadequate human capita capacity
Question Three
0.874118 0.647059 0.647059 0.748824
0.1635 0 1 0.4807 0 1 0.7307 0 1 0.4769 0 1

Answer 1

Based on the summary of descriptive statistics results presented in Table 2, the following interpretations can be made for each variable:

1. Perception on Rate of Project Failure:
- The mean perception score is 0.576471, indicating that on average, respondents have a slightly negative perception of project failure rates.
- The standard deviation is 0.4970, suggesting that there is some variability in respondents' perception scores.
- The minimum score is 0, indicating that some respondents have a very positive perception of project success rates, while the maximum score is 1, suggesting that some respondents have a very negative perception.

2. Age:
- The mean age is 39.61176, indicating the average age of the respondents.
- The standard deviation is 40.2850, indicating a wide range of ages in the sample.
- The minimum age is 25 and the maximum age is 75, indicating the range of ages in the sample.

3. Gender:
- The mean gender score is 0.647059, indicating that, on average, there is a slightly higher proportion of one gender in the sample.
- The standard deviation is 0.4807, suggesting that there is some variability in the gender composition of the sample.
- The minimum score is 0, indicating that some respondents are exclusively one gender, while the maximum score is 1, indicating that some respondents are exclusively the other gender.

4. Education (in years of schooling):
- The mean education level is 16.64706, indicating the average number of years of schooling completed by the respondents.
- The standard deviation is 1.1922, suggesting that there is some variability in the education levels of the respondents.
- The minimum education level is 13 and the maximum education level is 18, indicating the range of education levels in the sample.

Overall, based on the descriptive statistics results, it can be concluded that respondents have a slightly negative perception of project failure rates, the ages of the respondents vary widely, there is a slightly higher proportion of one gender in the sample, and the education levels of the respondents vary to some extent.