Modeling of Family Income & Savings Using Interval Regression - Tapa blanda

Mushtaq, Muhammad

 
9783659347245: Modeling of Family Income & Savings Using Interval Regression
Tapa blanda
ISBN 10: 3659347248 ISBN 13: 9783659347245
Editorial: LAP LAMBERT Academic Publishing, 2013

Sinopsis

Income and saving are important variables in the theory of economic growth. Several studies have been conducted to asses saving behavior. These studies differ from each other in terms of both the method of estimation and the set of data used. Some studies have used cross-country data; some have utilized single country time series data while some other have used micro data obtained from household income and expenditure surveys. Most of these studies involve method of the ordinary least square (OLS) to examine the impact of different co-factors on income, savings and expenditure pattern. In practical application, obtained data about income or saving may not be point-observation data i.e., the dependent variable has observations in intervals, e.g., the monthly saving Rs. 3,000 to 5000. In these situations, it is found that Interval Regression (IR) model is very appropriate. In this book the usage and importance of IR model in real life situation is demonstrated by applying it on real data collected through a survey in Pakistan.

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Reseña del editor

Income and saving are important variables in the theory of economic growth. Several studies have been conducted to asses saving behavior. These studies differ from each other in terms of both the method of estimation and the set of data used. Some studies have used cross-country data; some have utilized single country time series data while some other have used micro data obtained from household income and expenditure surveys. Most of these studies involve method of the ordinary least square (OLS) to examine the impact of different co-factors on income, savings and expenditure pattern. In practical application, obtained data about income or saving may not be point-observation data i.e., the dependent variable has observations in intervals, e.g., the monthly saving Rs. 3,000 to 5000. In these situations, it is found that Interval Regression (IR) model is very appropriate. In this book the usage and importance of IR model in real life situation is demonstrated by applying it on real data collected through a survey in Pakistan.

Biografía del autor

The Author having M.Phil. Statistics Degree and PGD (Computer Sciences) is expert in Data Analysis and Research Report Writing. Number of research publications are on his credit. The Author is currently attached with Allama Iqbal Open University, Islamabad (Pakistan) as a researcher.

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Editorial
LAP LAMBERT Academic Publishing
Año de publicación
2013
Idioma
Inglés
ISBN 10 
3659347248
ISBN 13 
9783659347245
Encuadernación
Tapa blanda
Número de páginas
100
Contacto del fabricante
no disponible
Persona responsable
no disponible