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Analysis of Variance (Anova) Used to Verify the Significance of the Development Regions in Characterizing the Standard of Living and Quality of Life

Author

Listed:
  • Claudia Gabriela Bentoiu
  • Emilia Gogu
  • Gratiela Ghic
  • Alexandra Moraru

    ("Dimitrie Cantemir" Christian University)

Abstract

According to the specific literature, the national and international statistics for ranking countries (regions) we use the ranking method. The ranking method has the advantage that the hierarchy of territorial units can use local variables expressed in absolute values, no matter the structure or the intensity. Territorial units are complex statistical units in which the variable values are obtained either by aggregation or as relative values based on a report, either as medium measures. Being partial synthetic values calculated at the local level it is almost impossible to know the analytical function expressing the shape and intensity of the relationship that shaped distribution by regions within each region to be in the same relation of interdependence.

Suggested Citation

  • Claudia Gabriela Bentoiu & Emilia Gogu & Gratiela Ghic & Alexandra Moraru, 2013. "Analysis of Variance (Anova) Used to Verify the Significance of the Development Regions in Characterizing the Standard of Living and Quality of Life," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 5(4), pages 56-61, December.
    • Handle: RePEc:khe:journl:v:5:y:2013:i:4:p:56-61
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    More about this item

    Keywords

    Analysis of variance; standard of living and quality of life;

    JEL classification:

    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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