Regression analysis of variables describing poultry meat supply in European countries (CROSBI ID 188196)
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Simonič, Miro ; Dumičić, Ksenija ; Devetak, Gabrijel
engleski
Regression analysis of variables describing poultry meat supply in European countries
In this paper, based on the analysis of official FAOSTAT and EUROSTAT data on poultry meat for 38 European countries for years 2007 and 2009, two hypothesis were examined. Firstly, considering four clustering variables on poultry meat, i.e. production, export and import in kg/capita, as well as producer price in US/t, using descriptive exploratory and cluster analysis, the hypothesis that the clusters of countries may be recognized was confirmed. As a result six clusters of similar countries were distinguished. Secondly, based on multiple regression analysis, this paper proofs that there exists the statistically significant relationship of poultry meat production on Export and import of that kind of meat, all measured in kg/capita. There are also high correlation between production, as a dependent, and each of two independent variables.
poultry meat; marketing strategy; cluster analysis; correlation; multiple regression
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