Advances and Applications in Statistics
Volume 48, Issue 2, Pages 141 - 156
(February 2016) http://dx.doi.org/10.17654/AS048020141 |
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A SUGGESTED STATISTICAL MODEL FOR WHETHER A SMALL INDUSTRIAL BUSINESS IS TRIPPED OR NOT IN GREAT CAIRO USING PROBIT MODEL
Essam Fawzy Aziz
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Abstract: Based on a group of variables and data collected during 2013, the paper intends to give an idea to the investor whether or not his small business is tripped.
Probit model is applied where the dependent variable is binary that takes (zero) for tripped and (1) for not tripped business. The independent variables are: the cost of feasibility study, the expenses of incorporation, lands and buildings rent, machinery and equipment operation, access to information and product marketing. Notably, the variables that are most effective on dependent variable are the expenses of product marketing, feasibility study and access to information, respectively. |
Keywords and phrases: small business, tripped and not tripped, probit model, cluster analysis, cross-validation. |
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