engleski

Test of no sssociation between variables – components of Consumer Confidence Indicator and stratification variables for Croatian Consumer survey

Consumer survey is an important tool for tracking and predicting changes in private consumption and in a whole country economy. Like a business survey, this is a qualitative economic survey. They are intended for short-term economic analysis, especially for predicting changes in the economic cycles. It is important because survey results about economical variables are available before the same or the similar data from the official statistics. As long as the time series of variable balances and time series of Consumer Confidence Indicator for Croatia (CCI) are to short for this predictions, it is of interest for the use of consumer survey results, make insight if there is no association between component variables of CCI and variables: region, settlement size, household size and children (households with or within children under 14).The survey results in the paper lead to the conclusion that at 5% significance level there is no association between variables - components of CCI and stratification variables: region, settlement size, household size and children (households with or within children under 14). The same results are conducted for the tests of no association between other variables (no components of CCI) in consumer test and stratification variables. It means that all consumers in Croatia have the similar assessments of the economic and social trends.

CCI – Consumer Confidence Indicator; Pearson Chi square test; ML chi square test; Phi coefficient; contingency coefficient; Cramer´s V

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