A Logit Regression Analysis of Homeowners in Nigeria

F.I. AKINNITIRE

A Logit Regression Analysis of Homeowners in Nigeria

F.I. Akinnitire *

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O.Y. Halid §

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§ Department of Mathematical Sciences, Ekiti State Uni...

A Logit Regression Analysis of Homeowners in Nigeria

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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.

References

5 Cites in Article

Reference Format

1. Boehm T.P,Schlottman A.M (1999). Does Home Ownership by Parents Have an Economic Impact on Their Children?. Journal of Housing Economics, 8(3), 217-232.
CrossRef DOI
2. U. Gyourko,J.,P. Linneman (1997). The changing influences of education income family structure and race on homeownership by age over time. An Introduction to Statistical Modelling, 8, 1-25.
3. M. Ojo (1989). Analysis of some prison data. Journal of Applied Statistics, 16(3), 377-383.
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4. S. Ogunleye,A. Fagbohun (2009). “A Logit Regression Analysis of some.
5. Tuberculosis Data”. International Journal of Numerical Mathematics, 4, 1-14.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

F.I. AKINNITIRE, O.Y. Halid. 2013. "A Logit Regression Analysis of Homeowners in Nigeria". Global Journal of Science Frontier Research - F: Mathematics & Decision GJSFR-F Volume 13 (GJSFR Volume 13 Issue 12 (F3)).

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GJSFR Volume 13 Issue 12 (F3)

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Journal Specifications

Crossref Journal DOI 10.17406/GJSFR

Print ISSN 0975-5896

e-ISSN 2249-4626

Keywords

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

Classification

GJSFR-F Classification MSC 2010: 62G08

Submission ReceivedMarch 11, 2013
Peer Review Double Blind
Handling Editor
Accepted April 5, 2013
Published March 18, 2013

Version of record

v1.2

Issue date

March 18, 2013

Language

English

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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): 323

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Publish Date: 2013 03, Mon

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Total Views: 1.1K

Total Downloads: 86

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