2018, Vol. 3, Issue 2, Part A
A study of cooperative societies using regression approachAuthor(s):
Ramakrishnan M and Viswanathan NAbstract:
Kanchipuram is the city not only famous for Temples, but also famous for Silk industry. Silk Handloom in this city maintains the culture of Tamil Nadu, the southernmost State of Indian Peninsula that attracts peoples all over the World. Most part of the population of this city depend on the silk industry for their livelihood. The present study compares the five Handloom Co-operative societies using Multiple Linear Regression Model. The data involves the major parameters of the production process namely, Net Profit, Number of Active Looms, Number of Ideal Looms and Production value. Ten years data on these variables are used for model development and diagnosis. Issues of Multicollinearity, Serial Correlation, Homoscedasticity and Normality were discussed using appropriate Statistical tests. The Model identifies the major contributors to the Net profit and the same can be used for future predictions in the silk handloom cooperative societies.Pages: 15-20 | Views: 939 | Downloads: 25Download Full Article: Click Here
How to cite this article:
Ramakrishnan M, Viswanathan N. A study of cooperative societies using regression approach. Int J Stat Appl Math 2018;3(2):15-20.