A Logit Regression Analysis of Homeowners in Nigeria

bljtonine; F.I. AKINNITIRE

Authors

bljtonine
F.I. AKINNITIRE

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

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.

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How to Cite

A Logit Regression Analysis of Homeowners in Nigeria. (2013). Global Journal of Science Frontier Research, 13(12), 41-45. https://journalofscience.org/index.php/GJSFR/article/view/

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Author Biographies

bljtonine

F.I. AKINNITIRE is a researcher affiliated with the Institute of Optics, University of Rochester, Rochester, NY, USA. With a focus on statistical analysis, AKINNITIRE has contributed to the field through a publication titled 'A Logit Regression Analysis of Homeowners in Nigeria' in collaboration with O. Y. Halid. This work has garnered 3 citations, reflecting its impact. AKINNITIRE holds an h-index of 1 and an i10-index of 0, with a total of 1 publication. Based in Nigeria, AKINNITIRE's research interests lie in applied statistics and regression analysis.

F.I. AKINNITIRE

F.I. AKINNITIRE is a researcher affiliated with the Institute of Optics, University of Rochester, Rochester, NY, USA. With a focus on statistical analysis, AKINNITIRE has contributed to the field through a publication titled 'A Logit Regression Analysis of Homeowners in Nigeria' in collaboration with O. Y. Halid. This work has garnered 3 citations, reflecting its impact. AKINNITIRE holds an h-index of 1 and an i10-index of 0, with a total of 1 publication. Based in Nigeria, AKINNITIRE's research interests lie in applied statistics and regression analysis.

References

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