Global Journal of Management and Business Research, A: Administration and Management, Volume 22 Issue 7

Table 4.2 shows descriptive statistics of the variables. Descriptive statistics used to measure the impacts of electronic banking on economic growth in Nigeria. The aggregate mean of GDPQ (230.79), NO (41.819), ATM (323.6), INTERNET (13.92) and NG (75.41) respectively. Median option discuss like GDOQ (22.79), NO (35.80), ATM (328.9), INTERNET (7.52) and NG (32.01). Standard Deviation GDPQ (671.16), NO (21.76), ATM (20.86), INTERENT (1.12) and NG (0.29). The Skewness which measure symmetry or departure from symmetry and Kurtosis which is a measure of peakedness or flatness of the distribution or series are also shown. The Jarque -Berastatistics generally suggests there is no normality. b) Correlation Matrix Table 4.3: Correlation Analysis Result VARIABLE GDPGR CLAIMS DD INCOME LADY MCAP GSPQ - - - - ATM TRANS 0.934920 16.02586 0.0000 - - - ATM NO 0.960853 21.09534 0.0000 0.95 7648 20.23020 0.0000 - - INTERNET 0.778731 7.550455 0.0000 0.727510 6.449924 0.0000 0.674740 5.560939 0.0000 - MOBILE BANKING 0.789587 7.826869 0.0000 0.689617 5.792497 0.0000 0.667476 5.45250 0.0000 0.693084 5.848411 0.0000 - - Source: Extracted from E-views Version 10 From the results all the series share bivariate and significant correlation one with another. This is evidenced by the fact that their respective correlation coefficients are positive or negative and the probability values of the associated t-statistics are respectively significant by all being less than 0.05. c) Graphical Presentation Figure 4.1: The statistical relationship between GDPGR and the explanatory variables is further shown in the graph. The graphical representation can be used to understand the trend of the various macroeconomic variables from 2010 to 2019. According to the graph in figure 4.1, it shows that all the independent variables from 2010 showed staggered movement. An Empirical Investigation into the Impact of Electronic Banking on the Economic Growth of Nigeria 37 Global Journal of Management and Business Research Volume XXII Issue VII Version I Year 2022 ( ) A © 2022 Global Journals