Statistics Project Work - Essay Example

Comments (0) Cite this document
Summary
STATISTICAL COMPUTATION OF GLOBAL COMPETITIVENESS INDICES By: Presented to: Institution: Date: Introduction Below is a computation of economic and governance indicators including GDP/ Capita, Price Inflation and Savings Rate for 20 countries selected randomly from across the globe…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93% of users find it useful
Statistics Project Work
Read TextPreview

Extract of sample "Statistics Project Work"

Download file to see previous pages 2 Coefficients(a) Model Unstandardized Coefficients Standardized Coefficients t Sig. 95% Confidence Interval for B B Std. Error Beta Lower Bound Upper Bound 1 (Constant) 19.212 2.953 6.505 .000 12.981 25.443 GDP per Capita 7.072E-05 .000 .243 1.028 .318 .000 .000 Price Inflation .103 .401 .061 .258 .800 -.742 .949 a Dependent Variable: Savings Rate SR = 19.212 + 0.0000707(GDP) + 0.103(PINF) + u ‘u’ is the noise- an identically and independently distributed (iid) random variable. i) b0, the intercept would be expected to assume a positive sign; b1, the coefficient of GDP is expected to have a positive sign since GDP is intended to contribute positively to the ability of a nation to save; b2, the coefficient of price inflation is expected to have a negative coefficient since inflation has a negative contribution to the ability of a nation to save. ii) The marginal propensity to consume is worked out when disposable income and change in consumption are both available in a dataset. The disposable income is in this case the amount left after the individual has spent out on all the essential needs. It could be equated to the savings rate. Therefore using the above obtained equation we can formulate it to be: SR = 19.212 + 0.0000707(GDP) + 0.103(PINF) + u iii) b0 is positive (19.212). This value has an impact on the general values obtained using the model, though not necessarily on b1 and b2 since the model was developed from a purely randomized data- the GDP, SR and PINF for any country are the products of many other factors that cannot be controlled with certainty (Wood, Hewlin & Lah, 2011). iv) The ‘u’ term in these equations stands for the noise (the uncontrollable random variable) whose nature is random and unpredictable. 3. ANOVA(b) Model Sum of Squares df Mean Square F Sig. 1 Regression 85.335 2 42.667 .612 .554(a) Residual 1184.575 17 69.681 Total 1269.910 19 a Predictors: (Constant), Price Inflation, GDP per Capita b Dependent Variable: Savings Rate Coefficients(a) Model Unstandardized Coefficients Standardized Coefficients t Sig. B Std. Error Beta 1 (Constant) 19.212 2.953 6.505 .000 GDP per Capita 7.072E-05 .000 .243 1.028 .318 Price Inflation .103 .401 .061 .258 .800 a Dependent Variable: Savings Rate Both the GDP per Capita and the tice inflation (PINF) have positive coefficients, which means that they contribute positively to the ability of the nationals to save. The situation is as real as it happens in real sense. Model Summary Model R R Square Adjusted R Square Std. Error of the Estimate 1 .259(a) .067 -.043 8.34751 a Predictors: (Constant), Price Inflation, GDP per Capita From the adjusted R-square statistic, it is noted that only 4.3% of the variation in the ability of nationals to save can be explained by the two independent variables together (GDP per capita and price inflation of commodities). This is a clear indication that there are other more powerful determinants of the the ability of a nation to save. The unrepresented factors account for as much as 95.7% of the total variation observed. 4. Descriptive Statistics N Std. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Statistics Project Work Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Statistics Project Work Essay Example | Topics and Well Written Essays - 1250 words. Retrieved from https://studentshare.org/statistics/1475098-statistics-project-work
(Statistics Project Work Essay Example | Topics and Well Written Essays - 1250 Words)
Statistics Project Work Essay Example | Topics and Well Written Essays - 1250 Words. https://studentshare.org/statistics/1475098-statistics-project-work.
“Statistics Project Work Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/statistics/1475098-statistics-project-work.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Statistics Project Work

Business statistics-----Summarizing Data

...there has been an increase in absolute number of people employed but percentage wise unemployment has risen which is not a good indicator. Those in work, Most of them drive themselves to work alone. This shows the increase in living standard as people are not using motor cycles to work and very few of them taking public transport to work. Most of the people take around 20-34 minutes to reach their work. Around 35% of the people in the USA are employed in either financial institution or in tertiary sector. This shows the USA economy is highly developed. Most of the people who work have either management jobs or are business operation...
2 Pages(500 words)Statistics Project

Optimizing Ermergeny Room Staff

...number, Triage number is a scale used in the ER that identifies the urgency of care, standard waiting time, average length of treatment time and the number of nurses required. See Appendix A. The number of patients was summarized according to a 1-hr time interval of its arrival to the ER. Frequency distribution, time series and regression analysis were created to determine the trend. See Appendix B. The wait time in minutes was summarized according to a 4-hr interval of the patients arrival. See Appendix C. The 4-hr interval is also identified as the 4-hr work shift of nurses. The distribution of average wait time per month was made to identify the volume of patients having a long wait time in the 4-hr...
7 Pages(1750 words)Statistics Project

Descriptive Statistics Memo

...of students per faculty was 8.48. The average age was 28.36 years. The average local tuition was $ 12,374.92, and foreign tuition was $ 16,581.80. On an average, 28.08 percent of enrolments at schools were foreigners. 56 percent had taken the GMAT, and 32 percent had taken an English test. 76 percent of students had prior work experience. The average starting salary was $ 37,292. Analysis The results for scatter plot analyses have been illustrated in figures 1-4, and the results have been summarized in table 1. Student faculty ratio, work experience, or starting salary did not influence full time enrolment. Among all the variables, age had the strongest influence (41.38%) on full time enrolment. Table...
3 Pages(750 words)Statistics Project

Behavior modification

...Running head: BEHAVIOR MODIFICATION Behavior Modification Project For the purposes of this project, I looked for a participant for whom I would have a fair amount of accessibility to collect the baseline data. I also wanted to find someone who had a desire to potentially make a behavior change. In discussions with my colleague, I discovered that she wanted to work on her use of foul language. Therefore, I saw this as an opportunity to collect the data and design a possible intervention to help her work toward her change. Description of Participant Melissa is a 31 year-old female. Melissa works at a large supermarket as a manager assistant. Melissa is a very outgoing and sociable person. Behavior to Change Melissa expressed... the...
3 Pages(750 words)Statistics Project

Statistical critique

...in this kind of research was very appropriate since time expenditure is a good indicator of work intensity and therefore allowed the researcher to effectively investigate the human activities and behavioral patterns. Additionally the use of Multinational Time Use Study (MTUS) is also fairly appropriate compared to the other survey programmes such as the ISSP (International Social Survey Programme) provided the author with the best national data set regarding time use. There is however a serious concern regarding the use of statistical observations that were recorded prior to 1970s particularly in countries that were once part of the former Soviet Union. This is primarily because most of these countries had not developed...
4 Pages(1000 words)Statistics Project

STAT212

...Deming.yue Sec: 3 TA: Hui Sun STAT212 12/7 INTRODUCTION Comparatively many work and at the same time study. However, concerns of the deteriorating academic excellence show explanations for rising levels of employment of the young ones. This paper tries to disclose if there exists a relationship between learners working part- time obtaining poor grades and learners without part-time jobs. Many learners need work, while schooling, to earn money for various reasons. Problems arise when job utilize time that should be used for schooling. The paper examines negative impacts employment pose on the students’ grades. It is crucial that recruiters, students and parents are aware of the impacts of...
3 Pages(750 words)Statistics Project

Retail Analytics Report

...of male and female respondents from Farmhouse is 23 and 35 respectively. The average weekly wage considering the three companies was 353.9990 with the highest paying company offering $678 weekly wage; while the lowest paid worker earned $123 per week. When asked if they enjoy their job; 4 of the respondents strongly disagreed, 21 disagreed, 69 neither disagreed nor agreed, 83 agreed while 23 of the respondents agreed to enjoy their job. It is clear that those who agreed to enjoying their jobs were many than those who were not enjoying their jobs in the three companies. In terms of how well the respondents work well with the other colleagues; there was quite a positive results with those who agreed and strongly agreed...
10 Pages(2500 words)Statistics Project

Mathematics and statics for economists

...=0.05. The P value 0.00< α=0.05 hence we do not accept the null hypothesis that the mean level of happiness is significantly different from 5. This means at 95% confidence level, the mean level of happiness (4.547351) cannot be categorically stated to be different from 5. If the mean is less than or more than 5, then it is statistically correct to state that it represents the sample mean. 3. Extent to which happiness is influenced by the way people travel to work. Correlation   happiness means of travel to work happiness 1 means of traveling to work 0.819346 1 Regression SUMMARY OUTPUT Regression Statistics Multiple R 0.819346 R Square 0.671327 Adjusted R Square 0.671305 Standard...
5 Pages(1250 words)Statistics Project

INTERPRETATION OF & ANALYSIS OF WORK-RELATED DATA

... Due: Interpretation & Analysis of Work-Related Data . Source: U.S Statistics of income (Wall Street News paper) Unit of variables are percents except for real assets per return and average Dow Jones index/ GDP units are in US $ τt is the weighted average, τit weighting by assets. τ t is larger than τit since firms with larger assets face higher tax rates. The table summarizes the combined effect of interest and taxes on corporate debt and debt maturity. On the average, long term debt has been 645 of the total debt of us corporations. The table shows the share of long term debts will tend to rise if the size of the firm increases, since larger firms face higher corporate tax than small and upcoming firms. The nominal three year... to...
10 Pages(2500 words)Statistics Project

Application: Methods Section (Part 2

...Application: Methods Section-Part 2 s: Affiliation: Application: Methods Section Part 2 Variables that predict job attitudes There are several factors or variables that tend to predict negative attitudes towards work. Some of these variables are feeling unappreciated, lack of accountability and engrained culture also referred to as old culture. These factors characterize a typical work setting and can affect the efficiency and productivity of work if not addressed in due course. Justification of Variables Feeling Unappreciated When workers feel unappreciated through underpayment by the management, they tend to develop a negative perspective of the company leading to revolt. This revolt...
8 Pages(2000 words)Statistics Project
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Statistics Project Work for FREE!

Contact Us