Annual Income (Rs.) | Factors Influencing Choice of Investment in Insurance | Total | ||||
Security & Assurance | Tax Benefit | Risk coverage & Savings | Product features | Other factors | ||
<300,000 | 0 | 2 | 3 | 1 | 1 | 07 |
300,000 - 600,000 | 3 | 4 | 4 | 5 | 5 | 21 |
600,000 - 900,000 | 4 | 5 | 5 | 4 | 5 | 23 |
>900,000 | 8 | 10 | 4 | 2 | 0 | 24 |
Total | 15 | 21 | 16 | 12 | 11 | 75 |
Chi Square Calculated Value) | 6.321 | |||||
Degree of freedom | 5 | |||||
Tabulated Value | 12.592 | |||||
Accept/Reject | Accept |