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2010•Palgrave Macmillan UK eBooksRequires access

Regression analysis of household expenditure and income

Rachel Skentelbery

Open publisher page 1 citations

Abstract

The purpose of this chapter is to demonstrate a multivariate analysis based on the Living Costs and Food survey (LCF). The aim of the analysis is to identify key characteristics of households affecting both household income and household expenditure, using regression techniques. The analysis uses the complete LCF 2008 sample containing 5,850 responding households across Great Britain and Northern Ireland.

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What this paper is about

The purpose of this chapter is to demonstrate a multivariate analysis based on the Living Costs and Food survey (LCF). The aim of the analysis is to identify key characteristics of households affecting both household income and household expenditure, using regression techniques. The analysis uses the complete LCF 2008 sample containing 5,850 responding households across Great Britain and Northern Ireland.

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Available abstract

The purpose of this chapter is to demonstrate a multivariate analysis based on the Living Costs and Food survey (LCF). The aim of the analysis is to identify key characteristics of households affecting both household income and household expenditure, using regression techniques. The analysis uses the complete LCF 2008 sample containing 5,850 responding households across Great Britain and Northern Ireland.

Key concepts: Multivariate statistics, Regression analysis, Sample (material), Household income, Economics, Multivariate analysis, Regression, Survey data collection

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