经济学Essay代写模板：Analysis of Consumption Patterns of Different Socioeconomic Groups
本文是工商管理专业的留学生Essay范例，题目是“Analysis of Consumption Patterns of Different Socioeconomic Groups（不同社会经济群体消费模式分析）”，本文的研究是关于“不同社会经济群体的消费模式分析”。研究的目的是研究家庭消费的社会经济影响以及他们如何消费他们的收入。次要数据是通过查阅图书馆和互联网上的文献收集的，也来自不同学术期刊的印刷材料。主要数据是通过浮动问卷和进行几次不同的访谈收集的。采用统计图形软件对数据进行多元回归分析，用常用的统计学原理对结果进行解释。研究结果表明，消费是收入的一个非常重要的功能，但除了收入之外，还有其他因素影响家庭的消费水平及其偏好。这也会对经济水平产生影响，因此营销人员应该知道和了解家庭的需求，以目标产品和服务的家庭，以改善社会和企业的盈利能力。
The research reported in this thesis was on “Analysis of Consumption Patterns of Different Socio Economic Groups”. The purpose of research was to study the socio-economic impact of consumption of the households and how they spend their income. The secondary data was collected by consultation of literature in the libraries and Internet and also from the material printed by different academic journals. The primary data was gathered by floating questionnaires and conducting several different interviews. Stat graphic software was applied to analyze data for multiple regression analysis and the results were interpreted by usual principles of statistics. The findings suggested that the consumption was a very crucial function of income but there were other factors apart from income that affected the level of consumption of household and their preferences. This would have an effect on the economic level as well, hence marketers should know and understand the needs of the household to target there product and services to households for betterment of the society as well as profitability of the firm.
INTRODUCTION介绍
Overview of the topic under consideration
Consumption is a topic on which a lot of research has been carried out by the economists and psychologists to know what leads to different levels of satisfaction from consumption what factors lead to variation in consumption patterns of households with same income levels. This research paper intends to find out important factors that influence the consumption levels of various households, whether the individual preference has impacts or not while making consumption decisions on a household level. What boundaries restrict the consumption levels?
消费是一个主题，经济学家和心理学家进行了大量的研究，以了解什么导致不同的满意度水平的消费，什么因素导致相同收入水平的家庭消费模式的差异。本研究旨在找出影响各个家庭消费水平的重要因素，个人偏好在家庭层面上的消费决策是否有影响。什么界限限制了消费水平?
The consumption pattern in Pakistan has improved over the years for various reasons such as increase in incomes and more availability of different kinds of goods and services but there always have been class conflicts present hence leading to disparities among rich and the poor classes. So the growth in consumption has been in different amounts among the different socio economics groups this leads to an immense increase in the social stratification.
Apart from factors such as size of the family, occupation, structure of the family, standard of living and location one of the factors that has direct relation with the consumption is population. If the population increases the consumption level changes drastically. Similarly if the population consists of elderly or has baby boomers the pattern of consumption is affected greatly by the type of goods and services produced in the economy is affected moreover consumption patterns influence the dispersion of income and at times leads to motivation for earning a higher wage and this thesis would provide us with the deeper understanding of consumers and their household consumption pattern and their motivation behind earning and spending in a particular manner.
Background of the topic选题背景
Consumption function in economics is the relationship between consumer spending and the various factors that are determining it the consumption function comes into formation due to accumulated spending of all the households in the economy hence at the Economic level the uniqueness of consumption functions are imperative for many questions in both macroeconomics and microeconomics. At the smaller level that is the household or family level, these factors may comprise of income, wealth, expectations about the level and riskiness of future income or wealth, interest rates, age, education, and family size. Individual level the consumption function is also inclined by the consumer’s preferences that are behavioral in nature such as patience, or the willingness to delay gratification, by the consumer’s approach towards risk, and by whether the consumer wishes to leave a inheritance to their family members.
消费函数之间的关系是经济学中消费者支出和各种因素决定的消费函数进入地层由于累计支出的家庭经济因此在经济层面的独特性消费函数是命令式的许多问题宏观经济学和微观经济学。在更小的层面，即家庭或家庭层面，这些因素可能包括收入、财富、对未来收入或财富水平和风险的预期、利率、年龄、教育和家庭规模。个人层面的消费功能也倾向于消费者的偏好，这在本质上是行为的，如耐心，或延迟满足的意愿，消费者对风险的态度，以及消费者是否希望将遗产留给他们的家庭成员。
Theories and hypothesis were developed by Keynes on consumption patterns these were evolved from the early studies that supported the fact the short run marginal propensity to consume was much more stable when compared with average propensity to consume. Economists further more refined the original work of Keynes and came up with theories of permanent income hypothesis, theory of life cycle hypothesis and demonstration effect hence they were able to establish the fact that consumption was extremely responsive to income changes on which Duesenberry tried to refute it with demonstration effect hypothesis. These theories still could be found in various economic text books
Economists developed Engel curves these curve showed consumption levels and patterns graphically they even derived budget constraints curves with the help of indifference curves providing a lot of evidence as how and what effects the consumption that in turn shows the status and the lifestyles of an individual household in the economy.
Importance of the study with respect to the world研究对世界的重要性
Consumption level helps in identifying the level of demand of goods and services in the economy and the type of goods and services that are demanded in a particular economy and indicate what sort lifestyle a particular society is enjoining example Americans are famous for not saving and they consume a lot of consumer non durable items when compared with rest of the world .Hence saving hampers consumption and can greatly affect overall demand in the economy if there is a lot of saving in the economy marginal propensity to consume goes down showing that saving and consumption has a negative relationship.
消费水平有助于识别水平的商品和服务的需求在经济和类型要求的商品和服务在一个特定的经济和表示特定社会什么样的生活方式是号召美国人著名的例子不是储蓄和消费大量的消费者相比非耐用商品因此，储蓄阻碍消费，并能极大地影响经济中的总需求，如果经济中有大量的储蓄，边际消费倾向下降，表明储蓄和消费是负相关的。
This could lead to greater problems at a macroeconomic level such as reduction in aggregate demand and unemployment of resources in the economy here government also needs to intervene and to improve the economy this would be achieved by increasing demand by increasing the government spending.
These days consumption patterns are highly influenced by multinational or transnational companies this phenomena is known as mass consumption or consumerism. Consumption of goods produced by MNC’S or TNC’s has lead to the adoption of different cultures and consumption patterns in a local household a common example of this would of Mc Donald’s today you might be in any part of the world but you would always find a branch of Mc Donald’s due to globalization in the economy would lead to greater choices that an individual would face while making consumption decisions hence changing consumption patterns of a very traditional economy like Pakistan. Other factor that could potentially change the consumption pattern would be technology as traditional goods and services would become redundant and no longer will be demanded hence this would lead to fluctuation in consumption levels as well as the patterns of consumption.
There is high inequality in consumption patterns among different countries due to differentiation in social classes differentiation and difference in per capita income, population and various other factors there are market biases on the bases of luxury or mass consumption of goods.
Importance of study with respect to Pakistan研究巴基斯坦的重要性
Since Pakistan is a developing country it has a lot of different classes and a lot of population mostly consisting of children and teenagers with such a diverse society there is a lot of difference in consumption level and patterns they are influenced by income, religion, locality in which a particular household resides and the occupation of the head of the household is since Pakistan has a strong culture of saving and transferring bequest to future generation hence how does a particular household decides what to consume and how to consume?
由于巴基斯坦是一个发展中国家，它有很多不同的阶层，很多人口主要是由儿童和青少年组成，一个多样化的社会，在消费水平和模式上有很多差异他们受到收入，宗教，一个特定家庭居住的地方和户主的职业因为巴基斯坦有很强的储蓄文化和将遗产转移给后代的文化因此一个特定的家庭如何决定消费什么和如何消费?
We consume a lot differently when compared with the western society as they focus on more luxury items and consumer durable goods on the other in our society households focuses on basic necessities of life. More over there is a lack of studies that have been carried out on the consumption pattern of socio economic groups that are prevalent in Lahore.
Reference groups play an important role in determining the consumption patterns of various households and demonstration effect has the strongest effect on the consumption of the households in Lahore among the various different classes. This research paper would help to unravel the preference of the households and the types of goods that they consume and how do they decide and come to common grounds while they consume as in single unit of family since we have a very strong culture of living together in extended families.
As many generations are living and consuming together the basket of goods and services that they consume would be highly differentiated. But these days trends are changing and people are moving towards nucleus family system and Pakistan is enjoying a lot of female participation in work force hence will this new trend affect the way a family consumes as a household? Secondly Lahories as consumer have a lot of choice and since at this day and age a lot trend is shifting toward mass customization this research paper would allow to analysis such trends in Lahore.
Research question研究问题
Consumption patterns of different socio-economic groups take into consideration the three main social classes the elite class, the middle income group and the lower income group that resides in three different localities of Lahore namely interior Lahore or the old Lahore, Allama Iqbal Town and Defence housing authority. Households with different casts and religion would be targeted to cover the maximum number of the different socio economic group. There is a lot of diversity in terms of socio economic groups in Lahore hence their consumption patterns also varies drastically they have income that ranges from 3000 rupees monthly to more than 80,000 rupees.
不同社会经济群体的消费模式考虑到三个主要的社会阶层，精英阶层，中等收入群体和低收入群体居住在拉合尔的三个不同的地方，即内部拉合尔或老拉合尔，阿拉玛伊克巴尔镇和国防住房当局。以不同社会阶层和宗教信仰的家庭为目标，最大限度地覆盖不同社会经济群体。拉合尔的社会经济群体有很多多样性，因此他们的消费模式也有很大的差异，他们的月收入从3000卢比到超过8万卢比不等。
A developing country like Pakistan faces a lot of discrimination in terms of income disparities, low income per capita income and a growing population that effect consumption as a whole. The research question for my thesis is a combination of macroeconomics and consumer behavior. It would provide us with the deeper understanding of consumers and their household consumption patterns. This would further allow producers to target and position their products in such a way that they become an integral of household consumption and as a result the economy can flourish.
LITERATURE REVIEW文献综述
Ying (2003) conducted a research explaining the fact how children influenced the spending patterns of family and in about 27.8% of families, children’s consumption uses one third of the family’s total income. In 35.6% of families, children’s consumption uses 40% of the family’s total income. In 19.4% of families, children’s consumption takes one half of the family’s income. And in 7.4% of families, children’s consumption takes over one half of the family’s income. Thus in most families, the child’s consumption level is higher than the average per capita consumption of the family. He highlighted various factors such as higher education levels for children including extra amounts paid for private education and tutors moreover more recreational activities and high end gadgets like mobiles phone, laptops and increased expense towards health care of the children.
Ying(2003)进行了一项研究，解释了儿童如何影响家庭消费模式的事实，在约27.8%的家庭中，儿童消费占用了家庭总收入的三分之一。在35.6%的家庭中，儿童消费占家庭总收入的40%。在19.4%的家庭中，孩子的消费占了家庭收入的一半。在7.4%的家庭中，孩子的消费占了家庭收入的一半以上。因此，在大多数家庭中，孩子的消费水平高于家庭的人均消费水平。他强调了各种因素，如儿童的教育水平更高，包括额外支付的私人教育和家教费用，以及更多的娱乐活动和高端设备，如手机、笔记本电脑，以及儿童医疗保健费用的增加。
Krueger and Perri (2005) found out in a research paper that increase in income inequality in U.S.A was prevailing but there was no inequality consumption. This was because of different trends within-group inequality which was faced an increase in income and a little less increase consumption. They developed a simple framework to identify analytically that how income inequality could result in consumption inequality with respect to standard incomplete market model thus they wanted to document this consumption inequality facts from the U.S data. They have used data from the Consumer Expenditure (CE) Survey for the years 1980-2003.
Cutler (2005) tries to identify implied marginal propensity to consume out of a given income level in Hong Kong for doing this he develops a proxy measure for labor income then tries to estimate consumption function with respect to life cycle model. The author develops a reliable relation between proxy measure of labor income and long run propensity to consume the estimate calculated comes out to be 0.87 for Hong Kong depicting the fact the marginal propensity to consume is in line with other industrial countries of the world.
Carroll, Fuhrer and Wilcox (1994) conducted a research paper which talks about habit formation that is the consumption done when a household is not enjoying same level of income as it did previously but the consumption patterns of the household remains the same. Secondly they tried to analyze the impact of consumer sentiments on the consumption patterns taking into considerations the various economic variables into account. They ruled out permanent income and pure life cycle hypothesis and stated consumer spending is an unclear measure of uncertainty when uncertainty increases the level of consumption falls hence leading to precautionary savings.
Chow, Fung and Ngo (2001) did a research about the Chinese economy and Chinese entrepreneurs who have grown along with the Chinese economy this consumer group is the most influential in consuming expensive goods and services. This research paper compares and contrasts the consumption habits of low income business with that of entrepreneurs coming to conclusion that small businesses incomes are transitory and more volatile hence their consumption is less and they tend to save more on the other hand entrepreneurs earn more and spend more lavishly on meals, traveling, private education and luxury items. Geographic locations and socio-demographics of household have significant effects on the tastes and preferences. Similarly socializing activities that are carried out by the entrepreneurs are the second largest expense in their budgets as they need a lot of networking to carry out the business. But on the other hand low income groups tend to spend a large proportion of expenditure on activities such as medical care, socializing and education of their children. The authors have run a regression model using various factors such socio demographics and other factors to find out strongest affecting variable.
Aydin (2006) talks about the consumption patterns in turkey’s different socio economic classes and finds out that globalization has led to transformation, reconfiguration and reformulations of class structure and this is leading to social shifts from class based politics to identity politics, ideology to lifestyles and mass production to consumption these forces have fuelled the social change hence leading to emergences of new middle class living a new leisure lifestyle. The research reapproved the fact that social class variables had a significant on consumption income had the strongest positive effect of all at the consumption level simultaneously income did not alter the influence of class difference. Education had effected the class differentiation the group with higher education had better living standards thus making education important mediating factor. The analysis in this research paper depicted the class structuration results due to interaction income, education levels, and residential location.
Phipps and Burton (1998) did a research where they assume that the household consumer behavior is equal to household utility function and this function is maximized with respect to single budget constrain and incomes from both the partners are pooled. But both the partners have different utility functions; the households comprising of teenagers with incomes add more complication to analysis hence they preferred to avoid it. They found household income, education levels of husband and wife, region, level of urbanization, age and number of children is of great importance to household utility curve. Income earned by the wife is more likely to be used for restaurant food, her clothes and kid’s clothes. Whereas husband’s income is allocated towards transportation, they considered clothing as personal private good and it increased with the levels of income of each individual.
Phipps和Burton(1998)做了一项研究，他们假设家庭消费行为等于家庭效用函数，这个函数在单一预算约束下最大化，并且来自双方的收入是集中的。但双方的效用函数不同;由有收入的青少年组成的家庭增加了分析的复杂性，因此他们倾向于避免它。他们发现家庭收入、夫妻的教育水平、地区、城市化水平、年龄和子女数量对家庭效用曲线有重要影响。妻子挣来的收入更有可能用于餐馆食物、她的衣服和孩子的衣服。虽然丈夫的收入用于交通，但他们认为服装是个人的私人物品，而且它随着每个人的收入水平而增加。
Thomas (1993) this paper tries to find out whether all household members share same preferences or they are dictated by any one member of the household. Data taken into consideration is from a survey carried out by Instituto Brasilleri De Geografia they came to a conclusion that when income is in hands of females shares of expenditure increases towards housing, education, health, household services and recreation when males are given the budget they tend to spend excess on health, household service and recreation. Education is considered intervening variable for earning hence increase in consumption, so they exclude education from demand function and include it as a valid instrument for total income. The researchers have come to these conclusions by conducting linear and quadratic models on the complied data.
Bonney (1988) previously sociological analyst of British class structure consider males as the only major determinant of the social class position of the household along with time the trends have changed today there is greater involvement of married females in paid work. This phenomenon is making wives extremely important in family budgets and the socio class location of the household, a husband’s increase in wage would negatively affect female’s participation in paid work but on the other hand the increase in wives earning would have smaller but negative effect on their counterparts income. This increases their say in consumption as they are now more economically active.
Sommer (2003) discuses that under habit formation it is difficult for the households to adjust to their new income levels this happens gradually if a tax cut is implemented they respond to such policy slowly. But some consumers save a specific amount of income as a precautionary measure to maintain a similar standard of living.
Megir (2004) talks about the theory of consumption function that played a vital role in explaining Keynesian demand management. Transitory tax policy or transitory income could have insignificant effect on real consumption though income is more volatile than consumption but the long run marginal propensity to consume out of the income is higher than the short run.
D’orlando(2010) carried out a research to investigate the importance of behavioral principals in micro-foundation of Keynes consumption theory. It was concluded that behavioral instead of maximizing principals can be rightfully considered as possible for micro foundation for Keynes’s work. He said there are chances of cross fertilization of Keynesian approach and behavioral sciences in reference to theory consumption function. This research showed that utility maximization is not the major focus Keynes representation of individual’s behavior and many subjective factors are included in the consumption theory lastly the traditional aggregate consumption function is immensely based on maximizing agents.
Khan and Dhar (2004) carried out a research on behavioral decision theoretic perspective on hedonic and utilitarian choices and they found out that difference between purchase and consumption of goods and service found out that there is a very thin line which consumer does not even realize and decision making of consumption is merely affected by income, preference and lifestyle of the consumer.
Tai and Tam (1997) discussed the lifestyle of females that was changing due to the different socio economic factors such as delayed marriage, smaller family size and single parents have lead to changing dynamics of consumer market as a result the consumer preference are changing and consumption pattern of the families.
All these research papers have added a new dimensions to the topic under consideration emphasis on the fact consumption is a vital function of income but there are many other factors that influence the consumption pattern there are incidence when two households with sane income level may have different consumption pattern due to lifestyle, preference and the stage of lifecycle they are in as a household greatly affects the consumption patterns. All these researches try to explore the behavior patterns that are crucial for molding the consumption pattern all these researches have added different key reasons and not a single research as been able to come up with any common behavior traits in the different societies of the world this phenomena indicate that the consumption patterns changing according to society the house hold resides in.
METHODOLOGY
Research type
The research undertaken would be quantitative research a lot of facts and figures would be included they would help to support the arguments that will be established after critically analyzing the results obtained by this research
Data type and research period
The research would be primary and secondary as a lot of previous research papers have been consulted for reference and further data would be collected regarding the Pakistani economy and how does an average Pakistan person consumes this research would be carried out in 2011 the data under consideration is cross sectional since it’s both secondary and primary .
Sources of data数据的来源
The data would be collected through tailor made questionnaire that would help us to support our arguments and allow us come to a sound conclusion and recommendation at the end of the thesis. Secondly interviews the different retailers of the locality would be conducted to reduce the biases in the questionnaire as people hesitate to provide fair information. Thirdly I would take into consideration my own observation that would facilitate better understanding of the topic as well as its evaluation.
数据收集通过定制的问卷调查，这将帮助我们支持我们的论点，让我们在论文的最后得出一个健全的结论和建议。其次，对当地不同的零售商进行访谈，以减少人们在提供公平信息时的偏见。第三，我将考虑到我自己的意见，这将有助于更好地了解这个专题及其评价。
The questionnaire was floated in among three various locations where many different socioeconomics groups were prevalent According to the questionnaire analysis the percentage of male and female is in the ratio of 42% and 58% respectively. Almost twenty different casts were targeted they showed that on average a household spends 50% of their income on food and 20% of income is spend on clothing and 10% of income is spend on housing, schooling and about 20 different casts were targeted through the questionnaires that floated among the three different localities respectively (see appendix A)
The left over income is utilized by directed it towards saving and entertainment expenditure the ratio of income directed towards savings and entertainment expenditure is about 20% see appendix. In the various interviews that I have conducted, I found out that there is significant difference in the way the different socio economic groups spend their income and their consumption varies accordingly see appendix. The population of Pakistan is mostly humongous with a very s small numbers of minorities that are prevalent in Lahore basically the population trends majorly consists young population.
Theoretical framework and variables under consideration
Operational definitions
Standard of living: It would include income spent on consumer durables, non- durables, health, recreation and entertainment, social services and luxuries goods by the households, larger the amount of the income spent on these goods would indicate that the household enjoys a higher level of standard of living and would be consuming a larger proportion of disposable income.
Size of the family: The number of the people living together under one roof and consuming the pooled income i.e. An identical source of income despite the fact whether they are related or not would be considered as a family.
Structure of the family: type of household taken into consideration would be nuclear family structure or the extended family structure apart from the two parents or the single parent households, all of these types of households are very common in Pakistan though the recent trends are shifting to nuclear family structure.
Location: This would take into consideration the area in which a particular household resides there are three localities under considerations in this research paper, each of these localities would be depicting different socio economics classes in terms of income, standard of living, occupation and sizes and structure of the families living there.
Occupation: The means from where the households generates income for consumption purposes this would even account for income generated from assets that a particular household maintains e.g. rent on assets or return on capital and things like credit cards would also be included as they tend to increase the disposable income for the household thus allowing them to attain a higher consumption level.
职业:意味着收入的家庭产生的消费目的,这甚至会占收入来自一个特定的资产家庭维护如租金资产或资本回报率等信用卡也会包括他们倾向于增加家庭的可支配收入从而允许他们达到更高的消费水平。
The life-cycle model: it states that save when people are young for their old age they do this to dis-save in their old age as they have no other income sources to support their consumption. Hence this would lead to fluctuations in consumption patterns. They can finance their old age either by selling off the assets that they have accumulated in their young or by saving income.
Discussion讨论
Economic model of the income spent on consumption was developed by John Maynard Keynes he mastered this area of economics by developing various theories such as absolute income hypothesis, which supports and states that consumption is solely a function of disposable income earned in that period of time in that. Difference between predictions of Keynes’s and other economists leads to various empirical data sets, in the long run, this led to a number of other theories related to consumption that emerged after Keynes work-most prominently, these were based on relative income (Duesenberry), permanent income ( Milton Friedman ), and life-cycle income (Modigliani and Brumberg).
花费在消费上的收入的经济模型是由约翰·梅纳德·凯恩斯(John Maynard Keynes)提出的，他通过发展各种理论掌握了这一经济学领域，比如绝对收入假说(absolute income hypothesis)，它支持并阐述了消费仅仅是在那段时间内挣得的可支配收入的函数。凯恩斯和其他经济学家的预测之间的差异导致了各种经验数据集，从长远来看，这导致了一系列其他与消费相关的理论，这些理论在凯恩斯之后出现，最显著的是，这些理论是基于相对收入(杜森贝里)，永久收入(米尔顿·弗里德曼)，以及生命周期的收入(莫迪利亚尼和布伦伯格)。
Keynes stated that a change in income will result in a relatively smaller change in consumption; the marginal propensity to consume will be less than one. Keynes also argued that the marginal propensity to consume will be less than the average propensity consumed, which in return stated that consumption declines as a percentage of income as income rises or we can say antagonistically as income increases the consumption decreases. Short-run studies broadly depict the consumption function of this sort, but long-run data showed that the marginal propensities and the average are roughly equivalent. The relative income hypothesis supports consumption related to other households and their past income. Firstly it implies that the proportion of income consumed by the household remains same, assuming that the position of a household remains constant in the long run on the distribution curve. This provides us with the long-run evidence. If the household is placed on the higher side, propensity to consume stays on the lower average. Secondly household is easier adjusted with the rising incomes as compared to the falling incomes this is known as “ratchet effect” which handles the consumption when there is a decline in the income this is mainly due to habit formation of consumption by the households.
The measurement of life time income is an issue of key importance to measure consumption as a function. Permanent income hypothesis states that consumption pattern is directly dependent on the total income and the total wealth which an individual expects to earn over their lifetime. The life-cycle hypothesis on the other hand assumes that individuals that consume a steady proportion of their income and that the present value of their life time income as a measure in a number of financially various areas of life where an individual earns different amount of income at various ages such as, childhood, adolescence , and old age
RESULTS AND ANALYSIS
Result generated through software stat graphic
Multiple Regression equation
y = 0.747966 + 0.152745*location + 0.11217*occupation + 0.100276*size of the family + 0.142338*standard of living + 0.267032*structure of the family
The results of the multiple linear regression model to the raw that was collected by the questionnaire, describes the relationship between y and 5 independent variables. The equation of the model that is mentioned below is showing how strong relation each independent variable has with the dependent variable y.
y = 0.747966 + 0.152745*location + 0.11217*occupation + 0.100276*size of the family + 0.142338*standard of living + 0.267032*structure of the family
In view of the fact that the P-value in the ANOVA table is less than 0.01, there is a statistically there is a strong relationship between the variables at the 99% confidence level. The R-Squared statistic shows that the model as fitted explains 99.0259% of the variability in y. The adjusted R-squared statistic, which is more appropriate for comparing models with different numbers of independent variables, is 23.2334%. The standard error of the estimate demonstrates the standard deviation of the residuals to be at the figure of 0.51929. The mean absolute error (MAE) of 0.373951 is the average value of the residuals. Hence this statistical information ensures that the statistical model that is developed is statistically strong and could be accepted as good model for the research paper.
In determining whether the model can be cut down or not, notice that the highest P-value on the independent variables is the figure of 0.2039, belonging to size of the family Since the P-value is greater or equal to 0.10, that term is not statistically significant at the 90% or higher confidence level. Consequently, I could even remove size of the family from the model as this variable has p- value greater than 0.10.
Discussion of hypothesis假设的讨论
Now these research hypotheses would now be discussed in detail so that we now as to what could be the possible reason of these hypotheses to be rejected. Stat graphic was used to generate the multiple regression analysis.
现在这些研究假设将被详细讨论，以便我们现在了解这些假设被拒绝的可能原因是什么。采用统计图进行多元回归分析。
The p-value of this particular hypothesis turned out to be 0.2039 which shows that this value is greater than 0.01 hence, Size of family hypothesis gets rejected because of the fact major respondents think and strongly believes on the fact the responsibility of every soul is on Allah hence many respondents said they don’t consider the size of their family when they spend their income and many Pakistani head of the families said that they earn for their families to provide them with comfortable life hence they don’t even bother with the size of their family this fact is one of the main reasons of Pakistanis high population . This phenomenon is highly prevalent in low income groups. But middle income and high income groups try to spend strategically.
这个特定假设的p值是0.2039，这表明这个值大于0.01，家庭规模的假设被拒绝因为主要受访者认为,坚信事实的责任每一个灵魂是真主因此许多受访者表示,他们不认为他们的家庭的大小当他们度过他们的收入和许多巴基斯坦的家庭表示,他们挣的钱养家给他们提供舒适的生活，因此他们甚至不关心家庭的规模，这是巴基斯坦人口众多的主要原因之一。这种现象在低收入群体中非常普遍。但中等收入和高收入群体试图有策略地消费。
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