Modeling dependence of gross money income of single person households in Slovakia from relevant factors

Erik Šoltés, Ondrej Dúžik, Faculty of Economic Informatics, University of Economics in Bratislava, Slovak Republic

Pages: 12 – 27

Abstract

In this article we focus on modelling dependence of gross money income of Slovak single person households from relevant factors. The main goal is to construct the appropriate regression model through which we can quantify the influence of relevant factors on gross money income of these households. The article provides results of our analysis obtained from the Household Budget Survey realized by the Statistical Office of the Slovak Republic in 2012. For our purposes we used multiple analysis of variance, tests for the equality of marginal means, regression and correlation analysis. These statistical methods were applied using the SAS Enterprise Guide.

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