Applications of the Method of Statistical Equations of Dependences for Assessment of Correlation between Economic Phenomena when Justifying Management Decisions
Journal Title: Статистика України - Year 2017, Vol 76, Issue 1
Abstract
Studies devoted to economic activities of business enterprises are aimed at finding correlations between various factors and indexes of effectiveness, outlining tendencies, developing economic standards and forecasting. The sustained socio-economic development in Ukraine can be ensured by creating stable market relations through attracting and effective use of foreign investment, deeper integration of industry and science & technology sector, expanding foreign economic activities and more effective utilization of the resource capacities at regional level. This raises the importance of statistical analysis allowing for quantitative and qualitative assessment of the phenomena and processes underlying socio-economic trends in regions, for ranking of the country’s regions and ranking of countries in international comparisons. As a consequence, statistical support becomes increasingly import ant for justifying and making of management decisions on socio-economic development . A statistical approach to justification of management decisions, including socio-economic programs, is developed by use of the method of statistical equations of dependences. Key theses of the method of statistical equations of dependences, developed by Professor O. Kulynych, are set out. This method is extensively used in Ukraine and beyond. It enables for quantitative assessment of correlations and tendencies of phenomena and processes in nature and social life. The main tasks dealt with by the method of statistical equations of dependences are solving direct and inverse problems; finding the intensity of the factors’ impact on the dependent variable; constructing graphs of multiple correlations and finding the weight of a selected factor; analysis of functional dependences and correlations; analytical computations on the basis of numerous and not numerous sets of input data. The main equations of the method that can be solved by software are linear, parabolic, hyperbolic and logical functions, of which a researcher can select the appropriate ones to study a process on the basis of the available parameters and criteria with use of comparison ratios.
Authors and Affiliations
R. О. Kulynych
Keywords
Related Articles
- EP ID EP564038
- DOI 10.31767/su.1(76).2017.01.03
- Views 166
- Downloads 0
Forecasting Effects of Expansion of Small Business for GDP
Problems of small business performance in Ukraine are discussed. The share of small business in the Ukrainian GDP is analyzed. It is emphasized that Ukraine has strong capacities to develop small business sector and turn...
Organization and Methods of Secondary Education Monitoring in Ukraine
Statistical studies of essential tendencies in the development of phenomena and processes, with adequate information base, are capable to lay solid ground for decision making in the socially, economically and legally vol...
Построение функциональных моделей экономических явлений методом статистических уравнений зависимостей
На основе метода статистических уравнений зависимостей выполнено построение функциональных теоретических моделей социально-экономического развития регионов с целью обоснования задач, пла нов и нормативов. Предложен переч...
Статистические распределения хи-квадрат, Стьюдента, Фишера-Снедекора и их применения
В работе с единой точки зрения проанализированы статистические распределения случайных величин хи-квадрат, Стьюдента и Фишера-Снедекора. Выяснены особенности применения этих распределений при проверке соответствия эмпири...
Statistics and Economy of Fish Farming in Ukraine
Pisciculture of Ukraine, according to the head of the State Agency of Fisheries, is being reformed. At the same time, it is estimated that 60-70% of the fish industry is “in the shade”. Therefore, reliable information is...