A Logit Regression Analysis of Homeowners in Nigeria

A Logit Regression Analysis of Homeowners in Nigeria

Article ID

902TZ

A Logit Regression Analysis of Homeowners in Nigeria

O. Y. Halid

F.I. AKINNITIRE

DOI

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Abstract

This paper studied the application of logit regression analysis to homeownership in Ado-Ekiti area of Ekiti State (Nigeria). The performance of the logit model in terms of classification of homeowners with respect to the average monthly income of some individuals was examined. The data of homeownership and income was fitted to the model by the WLS techniques. Result showed that the odds ratio in favour of owning a house by an individual whose average monthly income is 0.158 (N Million) was 1.0387. Also the probability of owning a house by the individual was 0.51.

A Logit Regression Analysis of Homeowners in Nigeria

Authors

O. Y. Halid

F.I. AKINNITIRE

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How to Cite

F.I. AKINNITIRE. 2013. “. Global Journal of Science Frontier Research – F: Mathematics & Decision GJSFR-F Volume 13 (GJSFR Volume 13 Issue F3): .

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Journal Specifications

Crossref Journal DOI 10.17406/GJSFR

Print ISSN 0975-5896

e-ISSN 2249-4626

GJSFR Volume 13 Issue F3
Pg. 41- 45

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Submission Received March 11, 2013
Accepted April 5, 2013
Published April 17, 2013

Keywords

average monthly income home ownership logit regression odds ratio OLS-ordinary least squares WLS-weighted least squares

Article Matrices

Total Score: 102

Country: Nigeria

Subject: Global Journal of Science Frontier Research - F: Mathematics & Decision

Authors: O. Y. Halid, F.I. AKINNITIRE (PhD/Dr. count: 0)

View Count (all-time): 61

Total Views (Real + Logic): 4894

Total Downloads (simulated): 2466

Publish Date: 2013 05, Mon

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Total Views: 4894

Total Downloads: 2466

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