Ha: There is relationship between Profitability and Age. H0: There is no relationship between Profitability and Size. Ha: There is relationship between Profitability and Size. H0: There is no relationship between Profitability and Age. Ha: There is relationship between Profitability and Age.
21 Profitability and Leverage Sampling and Data Source The research was carried out on the five textile companies. These companies are: Al Haj Textiles Mills Ltd. Envoy Textiles Hamid Fabrics Ltd. Apex Spinning & Knitting Mills Ltd. Square Textiles Ltd. Data used in this study are secondary data cause the data related to the variables we are measuring is usually done by the companies themselves primarily. We used the financial statements from the annual financial reports published by those companies that in the period 2013-2017 to gather the necessary data. Data Analysis Descriptive Statistics In the descriptive status, the mean value is probably the most commonly used method of describing average value or the central tendency of a data group. The Median is the score which is found at the exact middle of the set of values. The minimum and the maximum value represents the smallest and the largest value in the dataset respectively. The standard deviation is a statistic that measures the dispersion of a dataset relative to its mean. If the data points are further from the mean, there is a higher deviation within the data set; thus, the more spread out the data, the higher the standard deviation. The probability describes the likeliness H0: There is no relationship between Profitability and Leverage. Ha: There is relationship between Profitability and Leverage.
22 of occurrence based how close the value is to 0 or 1. Close to 0 indicates the less likeliness of occurrence and close to 1 indicates more likeliness of occurrence. ROA AGE SIZE GROWTH LEVERAGE Mean 0.038632 26.4 21.872 0.090444 0.471496 Median 0.0309 24 22.29 0.0729 0.5473 Maximum 0.1111 56 23.58 0.2754 0.703 Minimum 0.0148 5 20 -0.0932 0.1625 Std. Dev. 0.027029 15.70032 1.205249 0.09786 0.181872 Skewness 1.336946 0.744554 -0.28888 0.241495 -0.37143 Kurtosis 3.727868 2.631932 1.705879 2.450998 1.629883 Jarque-Bera 7.999472 2.450953 2.092236 0.556961 2.530264 Probability 0.01832 0.293618 0.351299 0.756933 0.282202 Sum 0.9658 660 546.8 2.2611 11.7874 Sum Sq. Dev. 0.017534 5916 34.863 0.229837 0.793855 Observations 25 25 25 25 25 Descriptive StatisticsROA Here, for ROA (Return on Asset) the mean is 0.038632 which means the average value or the central tendency of the data presented in ROA is 0.038632. The median for ROA is 0.0309 which indicates the exact middle point the data presented in ROA 0.0309. The Minimum of ROA is 0.0148 and the Maximum for ROA is 0.1111 which illustrates that 0.0148 is the smallest and 0.1111 is the largest value in the dataset of ROA. The Std. Dev. or SD for ROA is 0.027029. It
23 indicates that the dispersion of the dataset of ROA is 0.027029 from its mean. The probability is 0.01832. Since, it is closer to 0, it is less likely to occur this event. Age Here, for AGE, the mean is 26.4 which means the average value or the central tendency of the data presented in AGE is 26.4. The median for AGE is 24 which indicates the exact middle point the data presented in AGE 24. The Minimum of AGE is 5 and the Maximum for AGE is 56 which illustrates that 5 is the smallest and 56 is the largest value in the dataset of AGE. The Std. Dev. or