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Impact Of Global Financial Crisis On Crude Oil Prices, Stock Prices And Inflation Rates In Nigeria
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The regression line is sometimes called the "line of best fit" or the "best fit line".
Since it "best fits" the data, it makes sense that the line passes through the means.
2. Coefficient of Correlation (r): This is a measure of the strength of the linear association between the dependent variable y and the independent variable x. If we have a series of n measurements of X and Y written as xi and yi where i = 1, 2, ..., n, then the correlation coefficient can be used to estimate the correlation of X and Y . We may rewrite this as3. Coefficient of Determination (r2): The R-squared statistic, or coefficient of determination gives us the percentage of the total variation in the response, y, that is explained by the explanatory variable, x.. It can be interpreted as the proportionate reduction in error in estimating the dependent when knowing the independent. The square of the sample correlation coefficient, which is also known as the coefficient of determination, is the fraction of the variance in yi that is accounted for by a linear fit of xi to yi . This is written
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ABSRACT - [ Total Page(s): 1 ]ABSTRACTThis study explains the effects of financial crisis on crude oil prices, stock prices and inflation rates in Nigeria and the global markets. Data were obtained from major players in the financial and oil sectors of the economy. They were analyzed using statistical packages. The results showed that crude oil and stock prices were both increasing before the crisis and decreased during and after the crisis. It was also observed that the inflation rate was increasing. ... Continue reading---
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ABSRACT - [ Total Page(s): 1 ]ABSTRACTThis study explains the effects of financial crisis on crude oil prices, stock prices and inflation rates in Nigeria and the global markets. Data were obtained from major players in the financial and oil sectors of the economy. They were analyzed using statistical packages. The results showed that crude oil and stock prices were both increasing before the crisis and decreased during and after the crisis. It was also observed that the inflation rate was increasing. ... Continue reading---