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The Capital Market And The Challenges Of Real Sector Financing In Nigeria.
[A STUDY OF THE PERIOD 2000-2009] -
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I = Functional independent value.
e2 = The proportion of the unexplained variation of x
values.
(y – y)2 = The proportion of the unexplained variable of
y values.However, let GDP = y
Mkc = x
True regression line is
y = b0 + bix1 + U
Translated into
GDP = b0 + bix1 + UWhere;
GDP = Gross Domestic Product
bo = Estimate of the true intercept
b1 = Estimate of the true Parameter
U = Estimate of the true value of the random error term.The formular for b0 is given as:
The tx statistics is used when we have small sample of less than 30. The sample value of tx is estimated by dividing the estimate bi by its standard error. This value is compared to the theoretical (tabular) value of t, which defines the critical region in a two tailed test with n = k degree of freedom. If t calculated is greater than t critical, we reject the null hypothesis (H0) and accept the alternative hypothesis (H1).
Otherwise, if t calculated is less than t critical, we accept the null hypothesis H0) and reject the alternative hypothesis (Hi).
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ABSRACT - [ Total Page(s): 1 ]A B S T R A C T This research work evaluates the effectiveness of the capital market in the mobilization and allocation of funds to productive sectors of the economy. Reviewed the role of the capital market, economic stability, sustainable growth and development of the Nigerian economy. The researcher identified; the objectives, the scope and limitations of the research work. Hypothesis statements to test the validity of the phenomena under investigation were stated and analyzed. A review of var ... Continue reading---
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ABSRACT - [ Total Page(s): 1 ]A B S T R A C T This research work evaluates the effectiveness of the capital market in the mobilization and allocation of funds to productive sectors of the economy. Reviewed the role of the capital market, economic stability, sustainable growth and development of the Nigerian economy. The researcher identified; the objectives, the scope and limitations of the research work. Hypothesis statements to test the validity of the phenomena under investigation were stated and analyzed. A review of var ... Continue reading---