An Assignment on Regression
Course No: Econ 3206
Course Title: Research Methodology-Fieldwork and Studio
Submitted to:
Dr. Mohammed Ziaul Haider Submitted by:
Professor Md. Mehedi Hasan Bappy
& Student ID: 181534
Sazia Ahmed 3rd year, 2nd term
Lecturer Economics Discipline
Economics Discipline Khulna University
Khulna University Khulna
Khulna
Submission Date: 20 January, 2021
Answer to the question no “01”
Variable Table
Serial Variable Name Variable Sy Unit of Sign Literature
Category mb Measurement Support
ol
1 Income Dependent Y BDT + Samarpitha et
al., 2016
2 Age Explanatory X1 Year + Uddin, 2018
3 Educational Explanatory X2 Years of + Khan et al.,
Level Schooling 2015
4 Types of Explanatory X3 Dummy + Tajrin et al.,
Family 2018
5 Daily Working Explanatory X4 Hours + Singh, 2017
Hours
6 Type of house Explanatory X5 Dummy + Saha et al.,
2017
Answer to the question no “02”
Suppose, I have collected data for the above said variables and run the corresponding
regression. I prepare the corresponding outcome in a table through reporting the coefficients
along with level of significance. As it is a hypothetical exercise, I choose 1%, 5%, 10% and
insignificant – all these four options, at least once. I also report hypothetical R-square value.
Explanatory Variables Description of variables Coefficient
Age Numbers of year 0.39***
Educational Level Years of Schooling 1.83**
Types of Family 0=Nuclear, 1= Joint 0.9
Daily Working Hours Hours per day 2.15*
Type of house 3=Pacca, 2=Semi Pacca, 1=Kacca 1.94**
R-squared=0.85;
N.B. ***p<0.01, **p<0.05, *p<0.1
1
Answer to the question no “03”
I have interpreted the regression table of Q2 considering the coefficients, level of significant
and R- square.
Here, Income is dependent variable.
If age increase by 1 year then income increases by 0.39 BDT per month at 10% level
of significant, that means it is truth for 90 cases among 100 cases.
The relation between educational level and income is statistically 5% level of
significant, that means it is truth for 95 cases among 100 cases. If year of schooling
increase by 1 year then income increases by 1.83 BDT per month.
The relation between types of family and income is statistically not significant.
If daily working hour increase by 1 hours, then income increases by 2.15 BDT per
month at 1% level of significance that means it is truth for 99 cases among 100 cases.
One-step increase in the scale of type of house increase the income of respondents at
5% level of significance which means this statement is truth for 95 cases among 100
cases.
R-squared 0.85 that means 85 percent of total variation of the dependent variable Y can
be explained by total variation of independent variable (X1, X2, X3, X4 and X5).
References:
1. Tajrin, M. S., & Hossain, B. (2018). The Socio-Economic Condition of the Physical
Labour of Lower-Class Older People in Rural Areas of Bangladesh. Global Journal of
Arts, Humanities and Social Sciences, 6(1), 70–87. http://www.eajournals.org/wp-
content/uploads/The-Socio-Economic-Condition-of-the-Physical-Labour-of-Lower-
ClassOlder-People-in-Rural-Areas-of-Bangladesh.pdf
2. Samarpitha, A., Vasudev, N., & Suhasini, K. (2016). Socio-economic Characteristics
of Rice Farmers in the Combined State of Andhra Pradesh. Asian Journal of
Agricultural Extension, Economics & Sociology, 13(1), 1–9.
https://doi.org/10.9734/ajaees/2016/28696
3. Uddin, M. S. (2018). Socio-economic Conditions of RMG Workers: An Empirical
Study on Selected Factories in Bangladesh. Australasian Journal of Business, Social
Science and Information Technology, 4(3), 127–135.
http://www.ajbssit.net.au/index.php/AJBSSIT/article/view/74
2
4. Khan, J. H., Alam, P., & Ahmed, N. (2015). SOCIO-ECONOMIC CONDITION OF
CONSTRUCTION WORKERS: A CASE STUDY. International Journal of Advanced
Research, 3(10), 735–802. https://www.journalijar.com/article/6463/socio-economic-
condition-of-construction-workers:-a-case-study/
5. Singh, H. (2017). THE SOCIO-ECONOMIC CONDITIONS OF AGRICULTURAL
LABOUR: A CASE STUDY OF TEHSIL ELLENABAD. International Journal of
Recent Scientific Research, 8(9), 19999–20002. https://doi.org/10.24327/IJRSR
6. Saha, J. K., Acharjee, D. C., & Rahman, M. M. (2017). A study to assess the socio-
economic status of tea workers in selected tea estates of Sylhet district. Journal of the
Bangladesh Agricultural University, 15(2), 297–303.
https://doi.org/10.3329/jbau.v15i2.35079
