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 139
- Downloads 0
Use of Statistical Methods for Audit Purposes
The issue related with use of statistical methods in practical work of auditors, for sample studies purposes, is discussed. Detailed description of one method, the method of sequential analysis, is given. It is demonstra...
Статистическая оценка энергоэффективности производства и потребления топливно-энергетических ресурсов в Украине
В статье разработана комплексная оценка эффективности производства и потребления топливно энергетических ресурсов, составлен блок-схему последовательности разработки управленческих реше ний на основе интегральных оценок...
Математико-статистические методы оценки в аудите
Рассмотрено использование аналитических процедур в аудите. Предложено в ходе их реализации для оценки достоверности полученной информации применять математико-статистические методы. Изложены наиболее распространенные пон...
“Big Data” as an Information Source and a Toolkit for Official Statistics: Capacities, Problems, Prospects
Issues are discussed, related with potential use by official statistics of the so called “Big Data”, which refers to data extracted from websites, mobile phones, cash machines in retail sales networks, traffic surveillan...
Редукція даних у соціально-економічних дослідженнях
Показано, що ускладнення процесу прийняття рішень в умовах невизначеності та труднощі прогнозування динамічного розвитку різноманітних суспільних явищ спричинюють потребу у щоразу більшій кількості первинних даних, які н...