Global Journal of Human Social Science, E: Economics, Volume 22 Issue 7

IV. A nalysis and F indings a) Mean, Standard Deviation, and Relative Importance of Means’ of Variables Based on the answers of the respondents from the Questionnaire the following table has been generated. The Questionnaire has four parts: social, environmental, economic, and others portion. Each portion has both open-ended and closed-ended questions To determine the relative importance of the mean(s) of all the variables, we have divided it into three categories on a scale of 1 to 5 (1 being the minimum value): i) Low => 1.00 – 2.33 ii) Medium => 2.34 – 3.67 iii) High => 3.68 – 5.00 Table 1 Variable Type Variable Mean Relative Importance of Mean Standard Deviation Independent Social Concerns 3.88 High 0.51 Independent Environmental Concerns 3.73 High 0.72 Independent Economic Concerns 3.61 Medium 0.58 Dependent Sustainability of Textiles 3.66 Medium 0.58 According to the relative importance of mean, social and environmental concerns are comparatively in a better stage compared to the economic concerns in the textile industry of Bangladesh. However, the difference between the mean of three independent variables are not too high (<0.3), and the mean of them are close to or currently in the medium range according to the relative scale of importance. The dependent variable has been at the edge of the medium and higher level of the relative importance of mean, which depicts the requirement of more attention towards the factors responsible to influence the sustainability of textiles in a positive direction. Pearson Correlation Table 2 Correlations Social Environmental Economic Sustainability Social Pearson Correlation Significance (2 tailed) N 1 100 0.106 0.294 100 0.137 0.175 100 0.519 ** 0.000 100 Environmental Pearson Correlation Significance (2 tailed) N 0.106 0.294 100 1 100 0.435 ** 0.000 100 0.615 ** 0.000 100 Economic Pearson Correlation Significance (2 tailed) N 0.137 0.175 0.435 ** 0.000 100 1 100 0.648 ** 0.000 100 Sustainability of Textile Pearson Correlation Significance (2 tailed) N 0.519 ** 0.000 100 0.615 ** 0.000 100 0.648 ** 0.000 100 1 100 **Correlation is significant at 0.01 level (2 tailed) Reliability Statistics Table 3 Reliability Statistics Cronbach’s Alpha Number of Items (N) 0.726 4 © 2022 Global Journals Volume XXII Issue VII Version I 83 ( ) Global Journal of Human Social Science - Year 2022 E Exploration of Barriers and Success Factors of Sustainability of the Bangladeshi Textile Industry at Various Stakeholders’ Level from Social, Environmental and Economical Concern According to table 2, Social, Environmental, and Economic concerns are highly correlated with the sustainability of textiles at a significance level of 0.01 or 1%.