A Study On Multiple Regression Analysis In Era Of Demonetization

Statistics

Second National Level Interdisciplinary Seminar on "Exploring Emerging Trends and Innovation in Research in Commerce, Science & Technology, Humanities and Social Sciences”

Multiple Regression is an extension of simple linear regression. It is used when we want to predict the value of a variable based on the value of two or more other variables. The variable we want to predict is called the dependent variable (or sometimes, the outcome, target or criterion variable). In the current research paper dependent variable chosen was expenditure of family and independent variables chosen were income of individual and income of family. The research highlights the relationship between these dependent and independent variables during the time of demonetization. Also research paper highlights weather the relation in form of the equation is significant or not by applying t test and ANOVA.

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.