The document is a project report submitted by a group of 6 students for their Mathematics course. It details a survey conducted to analyze the differences in monthly spending habits between male and female college students. A total of 200 students (100 male and 100 female) completed paper or online questionnaires. The questions covered topics like sources of income, spending on food, clothing, transportation, entertainment and savings habits. Statistical analysis of the responses found that on average, female students spent more money per week, particularly on food and clothing, while male students tended to have money left over at the end of the month. The report concludes by comparing the monthly expenses between male and female college students based on the survey results.
1. SCHOOL OF ARCHITECTURE, BUILDING & DESIGN
Foundation in Natural and Built Environments
MATHEMATICS (MATH0103)
Project 02 – Statistics
Group Members:
Wong Voon Yin (0315151)
Nicholas Yap Wei Tyng (0314058)
Chia Wee Min (0315186)
Edwin Ho Khai Vun (0314846)
Chua Jia Cheng (0315160)
Chew Ung Heng (0315397)
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3. INTRODUCTION
First of all, we had given a task to conduct a survey of comparatives analysis of any
topics between female and male for our Mathematics final project. Nowadays, females have the
ability to earn more than males on average and males could be spent more than females as well.
To compare the spending habits of male and female, we had conducted a research study to
observe the monthly expenses of college students.
Majority of college students are between the ages of 18-24. Usually, we are always
having stereotypes that females would spend more than males according to the basic needs of
females. It is no doubt that females often spent their money on cosmetics products in order to
attract the attention of males especially at the young age. In the other hand, females may also
spend money for extra stuff such as sanitary pad, losen and etc which are not necessary for male.
In fact, males may also spent on those cosmetics products and skin protection products as they
are also having the same problems what females have in this century. So we can’t admit that
males spent less than female with the comparison of the daily goods of both genders bought.
For the saving habits and financial satisfaction of males and females, males are better
savers than females based on the old stereotype. Males always feel less uncomfortable about
their current financial status and more optimistic about the future. But when it comes to shopping,
males like to get in, get what they need and get out fast. Males are more willing to pay a little
more to speed the process then they are to spend time hunting down bargain which are different
in females.
So there are a lot of different spending habits between the males and females students
within the college. In conclusion, we want to investigate the dissimilar way of monthly expenses
for male and female in college through the survey.
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4. OBJECTIVE
The survey’s primary objective is to identify the monthly expenses of boys and girls in
college. Through the survey, it allows us to collect and organize statistical data we need to
complete our survey’s report. During the calculating of the data, it enables us to apply the
knowledge gained to analyse statistical data and draw conclusion from data. Besides, we may
able to conduct a simple survey properly to ensure the participant understanding the purpose of
the survey. It also improves our communication to the participant for better understanding.
Lastly, it enhances teamwork ability and leadership while conducting the survey and completing
our survey’s report.
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5. METHODOLOGY
Data for this report were gathered from 9 January 2014 - 24 January 2014. A
questionnaire survey was carried out from 16 January 2014 - 24 January 2014. The
questionnaires were distributed to a total of 200 students, which consisting of 100 male students
and 100 female students. 50 of each male and female students were having the online
questionnaires while the other 50 of each male and female students do the normal questionnaires,
both questionnaires have the same questions. The questionnaires were distributed all around
Taylor's University Lakeside Campus, for example: Block D, Block E, Corridor, In front of
library, in front of Grand Hall, and also Student Life Centre. These questionnaires were
distributed equally to get the correct amount of data that is needed.
After collecting all the questionnaires we separate the questionnaires into male and
female and by that we created tables and diagrams to show the data based on every question and
sex, we also calculated the mean for each question and sex. The formula that is most frequently
use is mean formula which is :
. After we analysis the data, we conclude that the
total of money spend is female spend more money compare to male in a week and male will have
more money left in the end of the month.
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6. These are some of the process pictures when the participant is answering the questions:
Female student in front of "Student Life Centre" that is busy with filling the questionnaire.
Group of students that are seriously filling up the questionnaire in front Grand Hall.
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7. QUESTIONARRE
(Hardcopy)
We are conducting a research study to examine the monthly expenses of boys and girls. Your participation in this
research project is entirely voluntary and you responses will be kept completely confidential. The questionnaire is
composed of 20 questions and it takes about 10 min to complete it. Thank you very much for your time and effort.
Instruction: For each question below, please tick the appropriate box that best represent your answer.
1.
Select your gender :
O Female
O Male
2. Select your age :
O Below than 15
O 15-19 years
O 20-24 years
O 25-29 years
3. What are your main sources of income
O Job
O Parents (pocket money)
O Gifts
4. Have you ever or do you currently have a part time job
O Yes
O No
5. What type of payment do you prefer ( mark 3 for least frequent to 1 for the most frequent )
O Cash
O Debit Card
O Credit Card
6. How much do you spend your money on food per week
O RM 1 ~ RM20
O RM 21 ~ RM40
O RM 41 ~ RM60
O RM 61 ~ RM80
O RM 81 ~ RM100
7. How much do you spend on clothing or accessories per week
O RM 1
~ RM50
O RM 51 ~ RM100
O RM 101 ~ RM150
O RM 151 ~ RM200
O RM 201 ~ RM250
O RM 251 ~ RM300
8. How much do you spend on gas or petrol per week
O RM 1
~ RM50
O RM 51 ~ RM100
O RM 101 ~ RM150
O RM 151 ~ RM200
SAMPLE
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8. 9. How much do you spend on entertainment (movies, karaoke, theme park, games) per week
O RM 1 ~ RM20
O RM 21 ~ RM40
O RM 41 ~ RM60
O RM 61 ~ RM80
O RM 81 ~ RM100
10. How much do you spend on technologies and gadgets (power bank, pen drive, hard disk…) per week
O RM 100 ~ RM500
O RM 501 ~ RM1000
O RM 1001 ~ RM1500
O RM 1501 ~ RM2000
O RM 2001 ~ RM3000
O RM 3001 ~ RM4000
O RM 4001 ~ RM5000
11. Do you purchase items on the internet
O Yes
O No
12. If yes, why do you shop on the internet
O Convenience
O Better price
O Availability
13. When you shop, how is it important for you to buy brand name
O Very important
O Important
O Not important
14. Have you ever regret about what you have bought
O Yes
O No
15. When you receive money , do you
O Save some for saving
O used it all
16. Have you ever save money for long term goals such as car trip or other expensive items
O Yes
O No
17. Do you do proper account for income and expenses
O Yes
O No
18. Is your monthly income or pocket money is enough to cover all expenses
O Yes
O No
SAMPLE
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9. 19. How much do you think the amount of pocket money per month is enough to cover daily expenses
O RM 200 ~ RM250
O RM 251 ~ RM300
O RM 301 ~ RM350
O RM 351 ~ RM400
O RM 401 ~ RM450
O RM 451 ~ RM500
O RM 501 ~ RM550
O RM 551 ~ RM600
20. At the end of the month
O I always seem to end up short
O I can tell you how much I will have left almost to the penny
O I am never sure if I will come out a bit ahead or a bit behind each month
O I don’t keep track of my money too closely, but I know that I will come out ahead each month
SAMPLE
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13. STATISTICAL ANALYSIS
1.
Gender
Total respondents = 201
Female
101
2.
Male
100
Age
Age
80
60
40
Female
20
Male
0
below 15
15-19 years 20-24 years 25-29 years
Female
15-19 years
73
20-24 years
22
25-29 years
4
below 15
2
Mode ( Female ) : Age from 15-19 years
Mode ( Male ) : Age from 15-19 years
Male
66
29
3
2
13
14. 3.
Main source of income
Income
100
80
60
Female
40
Male
20
0
Parents
Job
Gift
Female
82
Parents
16
Job
3
Gift
Mode (Female) : Main source of income from parents
Mode (Male) :Main source of income from parents
4.
Male
59
38
3
Part time job
Part time job
70
60
50
40
30
20
10
0
Female
Male
Yes
No
Female
Yes No
Yes
48
53
Part time job
Mode (Female) : Mostly get a part time job
Mode ( Male ) :Mostly get a part time jobs
Male
No
58
42
14
15. 5. Type of payment prefer
Male
80
70
60
50
Most Frequent
40
Frequent
Least Frequent
30
20
10
0
Cash
Debit Card
Credit Card
Category
Most frequent
Frequent
Least Frequent
Cash
43
24
14
Credit card
14
13
71
Debit card
12
65
13
15
17. Comparison between male and female
300
250
200
Female
150
Male
100
50
0
Cash
Debit Card
Credit Card
Calculation:
Set category “most frequent” as 3
Set category “frequent” as 2
Set category “least frequent” as 1
Calculation (Male):
Category
Most frequent, 3, f
Frequent, 2, f
Least Frequent,1, f
Fx=
Fx(1)+Fx(2)+Fx(3)
191
Cash
43
24
14
Credit card
14
13
71
139
Debit card
12
65
13
179
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18. Calculation (Female):
Category
Most frequent, 3, f
Frequent, 2, f
Least Frequent,1, f
Fx=
Fx(1)+Fx(2)+Fx(3)
274
Cash
21
19
Credit card
14
28
45
143
Debit card
6.
71
16
52
37
189
Money spent on food per week
Money spent on food (RM) per week
35
30
25
20
Female
15
Male
10
5
0
RM 1- 20 RM 21-40 RM 41-60 RM 61-80 RM 81-100
Female
Male
RM 81RM 1- 20 RM 21-40
RM 41-60
RM 61-80
100
11
29
25
18
18
9
21
21
22
27
Mode ( Female ) : RM21- 40 ; Mean : RM 51.09
Mode ( Male ) : RM21- 40 ; Mean : RM 57.90
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26. 11. Online shopping
Online Shopping
70
60
50
40
Female
30
Male
20
10
0
Yes
No
Female
Yes
Male
No
63
Online shopping
Yes
56
38
No
44
12. Why shop Internet
Reasons for onlilne shopping
40
35
30
25
Female
20
15
Male
10
5
0
Convenient
Convenient
availability
better price
Availability
Better Price
Female
21
15
27
Male
27
20
34
26
27. 13. How important is to buy brand name
Importance to buy brand name
60
50
40
Female
30
Male
20
10
0
Very Important
Important
Very Important
Important
Not Important
Not Important
Female
14
39
48
Male
15
47
38
14. Regret on what you bought
Regret on what you bought
100
80
60
Female
40
Male
20
0
Yes
Yes
No
No
Female
78
23
Male
57
43
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28. 15. When you receive money , do you
When receive money
100
80
60
Female
40
Male
20
0
Save some for saving
Save some for saving
Used it all
Used it all
Female
94
7
Male
89
11
16. Ever save money for long term goal
Long term goal
70
60
50
40
Female
30
Male
20
10
0
Yes
Yes
No
No
Female
64
37
Male
65
35
28
29. 17. Proper account for Income and expenses
Proper account for Income and expenses
60
50
40
30
Female
20
Male
10
0
Yes
No
Female
48
53
Yes
No
Male
44
56
18. Monthly money enough to cover daily expenses
Monthly money enough to cover daily expenses
70
60
50
40
Female
30
Male
20
10
0
Yes
Yes
No
No
Female
66
35
Male
62
38
29
32. 20 . Condition at the end of the month
Condition at the end of the month
40
35
30
25
20
15
Female
10
Male
5
0
I always seem to end
up short
I can tell you how I am never sure if I will
much I will have left come out a bit ahead
almost to the penny or a bit behind each
month
I don’t keep track of
my money too closely,
but I know that I will
come out ahead each
month
Female
I always seem to end up short
I can tell you how much I will have left almost to
the penny
I am never sure if I will come out a bit ahead or a
bit behind each month
I don’t keep track of my money too closely, but I
know that I will come out ahead each month
Male
12
14
20
22
35
28
34
36
32
33. CONCLUSION
In conclusion, the major purpose of our survey is to gather and integrate all the
information into a complete table to examine the monthly expense of boys and girls. Through the
histogram that shows participants’ (100 boys and 100 girls) main source of income, it tells us
that 81% of girls’ main source of income are from their parents, 15.8% of girls’ main source of
income are from their salary of the job they are doing or they did, and lastly there are 3.2% of
girls’ main source of income are from their gifts. As for the boys, 59% of their main source
incomes are from their parents, 38% of their main source incomes are from job salary and lastly
3% of their main resource incomes are from gift. It shows that there are more boys’ main source
of income is come from their job comparing to girls. In the other graph, it also shows that there
are more boys having part time job to earn money for their daily expenses. As in the histogram, it
shown that there are 58% of boys having a part time job but there are only 47.5% of girls having
a part time job. So through these histograms, it shows that there are more boys earning money to
overcome their daily expenses. Next is study to determine the type of payment that most
participants prefer. According to the histograms, it shows that both parties (girls and boys) prefer
cash payment the most, debit card payment method will be next and finally is the credit card
payment method. To ensure the difference between both parties about this topic, we set each
kind of answers by giving it a number. The result was slightly different and it shown that both
parties prefer cash payment the most but there are difference between the other two categories.
Comparing to debit card and credit card payment method, boys prefer credit card payments but
girls prefer debit card payments. After that was to determine which party spends the most
money. By calculating the mean of every question that related to spending and comparing the
histogram, we found out that boys spend the most. As boys spend a lot of money buying gadget
and personal computer accessories. Compare to girls, boys spend RM429.50 per week
individually, and girls only spend RM406.44 per week individually. It was RM23.06 difference.
Last but not least was the amount of pocket money per month participants think that is enough to
cover their daily expenses. Through the data calculations and analysis, we found out that boys
need RM404.50 per month individually to cover daily expenses, as girls need RM394.31 per
month individually to cover daily expenses. Overall, it shows that boys need more money and
spends more money than girls through this survey form.
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