REGRESSION AND CORRELATION ANALYSIS ON INCOME AND EXPENDITURE (A CASE STUDY OF GLADKUNS NIG. LTD. IGANDO, LAGOS.) (STATISTICS PROJECT TOPICS AND MATERIALS)
ABSTRACT
This project intends to carry out the relationship between income and expenditure of GLADKUNS NIG. LTD. from 2005-2014.
The analysis reveals the aim and objective which is to examine the relationship between independent variable (X) and dependent variable (Y)
Regression and correlation analysis is the major tool used to analyze all the data used in this project work. The data was collected from GLADKUNS NIG. LTD. IGANDO LAGOS.
The analysis reveal the aim and objective which is to examine the relationship between independent variable (X) and dependent variable (Y),i.e the relationship between the income and the expenditure and also predict for both their income and expenditure in years to come and It also states ways of improving the company services by applying different technique that has been stated in the recommendation.
CHAPTER ONE
INTRODUCTION
1.0 BACKGROUND OF THE STUDY
The Bureau’s studies of family living conditions rank among its oldest data-collecting functions. The first nationwide expenditure survey was conducted during 1888-1891, to study worker’s spending patterns as elements of production costs. With special reference to competition in foreign trade, the survey emphasized he worker’s role as a producer rather than as a consumer. In response to rapid price changes prior to the turn of the 20th century, a second survey was administered in 1901. The resulting data provided the weight for an index of prices of food purchased by workers that was used until world war 1, as a deflator for workers income and expenditure. The third survey conducted during 1917-1919, provided weights for computing a cost of living index (CPI). The bureau conducted its next major survey, covering only urban wage earners and clerical workers, dining 1934-1936, primarily to revise CPI weights.
During the Great Depression of the 1930, the use of consumer expenditure surveys extended from the study of the welfare of selected groups to move general economic analysis. Concurrent with its 1934-1936 investigation, the Bureau cooperated with four other federal agencies in a fifth survey, the 1935-1936 study of consumer purchases, which presented consumption estimates for both urban and rural segments of the population.
A sixth survey, in 1950, covered only urban consumer this survey was an abbreviated version of the 1935-1936 study. A seventh survey, the 1960-1961 survey of consumer Expenditure, once again included both urban and rural families and provided the basis for revising the CPI weights, while supplying material for broader economic, social and market analysis.
The next major survey to collect information on expenditure of house holder in the united states was conducted in 1972-1973. That survey, while providing continuity with the…
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REGRESSION AND CORRELATION ANALYSIS ON INCOME AND EXPENDITURE (A CASE STUDY OF GLADKUNS NIG. LTD. IGANDO, LAGOS.) (STATISTICS PROJECT TOPICS AND MATERIALS)
