Correlation between Production and Labor based on Regression Model
Journal Title: Revista Romana de Statistica - Year 2015, Vol 63, Issue 4
Abstract
In the theoretical analysis, dependency of variables is stochastic. Consideration of the residual variable within such a model is needed. Other factors that influence the score variable are grouped in the residual. Uni-factorial nonlinear models are linearized transformations that are applied to the variables, the regression model. So, for example, a model of the form turns into a linear model by logarithm the two terms of the above equality, resulting in linear function. This model is recommended when the points are located, that the cloud of points around a line. Linear regression model is based on the series of data for the two features. They are represented by vectors x (the variable factor) and y (variable score). Simple regression aim is to highlight the relationship between a dependent variable explained (endogeneous, score) and an independent variable (explanatory note, exogenous factor predictors). To be able to build a linear regression model we defined total production as the independent variable, while labor force in financial intermediation and insurance; real estate was considered to be a dependent variable.
Authors and Affiliations
Constantin Anghelache
Keywords
Related Articles
- EP ID EP116997
- DOI -
- Views 154
- Downloads 0
Aspects Regarding the Evolution of the Production of Goods and Services in Romania
The structure of the industrial productions reveals that necessary goods for population’s consumption and economic activity have had a structure that passes through a process of stabilization, determined by the general s...
Causes of Global and National Economic Crisis
The economic crisis is expected to bring a slow down, stagnation or decrease of the economic activity. The socio-economic crisis in Romania started in 1990 and it continues at present, being emphasized by the financial a...
Some Operational Aspects Relating to Quality Management and Total Quality Management
The work pass in review a few basic concepts found in quality management focusing on operational aspects of quality assurance in production activity and continue with issues regarding total quality strategy, the vector o...
Model de analiză a performanţei financiare a împrumutului şi a împrumutatului
În vederea evaluării performanțelor financiare ale împrumutaților sunt utilizați o serie de indicatori economico-financiari, proprii fiecărei bănci, dintre care: gradul de lichiditate, gradul de solvabilitate, rata profi...
VALUE AT RISK (VAR) WITH RESPECT TO SINGLE RISK FACTOR
The paper reports on developing a value at risk (VaR) model with respect to a single risk factor. In the process, it shows how stochastic differential equation (SDE) and its variants can be considered as special cases of...