Sunday, April 28, 2019

Analytical Methods in Economics and Finance Assignment

Analytical Methods in Economics and Finance - subsidisation Examplethis basis establishes similarity in liveliness-time satisfaction among males and females. Consistency in other determine such as streamer deviation that was 1.67 for males and 1.71 for females, skewdness that was -1.31 for males and -1.27 for females, and range, minimum, and maximum ranges that were all similar for males and females supports the position that breeding satisfaction for both males and females assume the same trend. The following table summarizes descriptive statistics for life satisfaction establish on gender (Weiers 2011, p. 58- 66).People with in income folk 6 offered a higher mean life satisfaction score, 7.84, as compared to people in income category 1 whose mean score was 7.79. The mean and the path for the two categories was however at score eight to suggest similarity in distribution. With a standard deviation of 1.59 for category 1 and 1.53 for category 2, together with difference in m inimum satisfaction value, 0 for category 1 and 3 for category 3, the mean appears the best estimator to suggest that people in income category 6 have higher life satisfaction score than people in category 1 (Healey 2009, p. 85- 125).The high significance value of F, 0.79, relative to the test level of significance of 0.05, means that the nada hypothesis is not rejected. This means that no epochal relationship exists between life satisfaction, gender, and males and females are equivalently satisfied.The computed value is however higher and this means that the null hypothesis is not rejected. The regression coefficient is therefore zero and this shows that life satisfaction does not depend on gender and confirms the observation that the distribution of life satisfaction score, by gender is the same.The p-value is however greater and the null hypothesis is not rejected. This means that there is no significant relationship between money (income

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