A. Iduseri

EXPLORING THE RELATIONSHIP BETWEEN GOVERNMENTSPENDING, INTEREST RATE AND GDP USING ANOVA: ACASESTUDY OF NIGERIA

Year of Publication
Publication Type
Abstract
This study investigates the relationships between economic growth, governmentexpenditure, and interest rates in Nigeria, employing various statistical methods. The research aims to provide actionable insights into the interactions betweenthesecrucial macroeconomic variables and their implications for policymaking. The theoretical foundation draws from Wagner's Law and the KeynesianFramework, which offer contrasting perspectives on whether governmentexpenditure is a cause or effect of economic growth. Using data fromtheCentralBank of Nigeria and the World Bank, the study employs the AugmentedDickey-Fuller (ADF) unit root test to assess stationarity, the Granger causalitytest toexamine causal relationships, and Ordinary Least Squares (OLS) regressiontoanalyze the effects of interest rates and government expenditure onGrossDomestic Product (GDP). The findings confirm the applicability of Wagner's Law in the Nigeriancontext, indicating that economic growth granger-causes government spending. Furthermore, the analysis reveals a positive relationship between interest rates, government expenditure, and GDP, although the results are not statisticallysignificant. The study highlights the importance of interest rates as apolicyinstrument for influencing economic performance and attractingforeigninvestment. To enhance the statistical robustness of the analysis, the study incorporatestheAnalysis of Variance (ANOVA) table, demonstrating its effectivenessin xi evaluating and improving the performance of regression models. The researchculminates in actionable recommendations for policymakers, emphasizingtheneedfor strategic fiscal policies, careful interest rate management, andtargetedinvestments in sectors that foster economic growth. Overall, this study contributes to the understanding of the intricate dynamicsbetween economic growth, government expenditure, and interest rates inNigeria, providing valuable insights for policymakers and researchers alike.
Supervisor(s)
co-supervisor

REGRESSION ANALYSIS ON NATIONAL INCOME (A CASE STUDY OF FEDERAL REPUBLIC OF NIGERIA)

Year of Publication
Publication Type
Abstract
Background to the Study
National income measures the total value of all goods and services produced in a country in a year. It is the main way to know if an economy is growing or not (World Bank, 2020). For a country like Nigeria, understanding what makes national income rise or fall is very important for planning and improving the lives of its people.
Supervisor(s)
co-supervisor

STATISTICAL ANALISYS ON CUSTOMER’S PREFERENCE FOR PRODUCT FEATURES

Year of Publication
upload
Publication Type
Abstract
Understanding customer’s preference for product features is crucial for businesses seeking to optimize their offerings and increase sales. This study aims to identify key product features that significantly influence purchasing decisions. The research specif ically examines customer preference across different demographic groups, such as age and income levels, to determine variations in product feature importance. Using chi-square test for analysis, this study evaluates the association between demographic factors and product features preferences, providing insight into customer’s decision-making patterns. Based on the analysis it was found that the key product features that affect customers purchasing decision is quality and performance. The findings will help businesses tailor their marketing and product development strategies to better align with costumer expectations
Supervisor(s)
co-supervisor