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A Statistical Analysis On The Impact Of Birth And Death Rates On Nigeria’s Economy
[A CASE STUDY OF OSUN STATE]
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1.2. Statement of the general problem
The performance
inconsistency of the economy of Nigeria has led us to this research.
Nigeria’s economy may have over the period neglected these two important
factors in being able to predict the economy in the coming years. Lack
of proper documentation of the birth and death rate in Nigeria which has
led to the inadequate economic planning has also been a major problem
confronting Nigeria.
1.3. Objectives of the study
1. To know if the economy can be predicted from the birth rate.
2. To know if there is a relationship between birth rate and the economy of Nigeria.
3. To know if there is a relationship between death rate and the economy of Nigeria.
4. To predict the economy of Nigeria using the birth and death rates.
5. To know the nature of the relationship that exists amongst birth rate, death rate and the economy of Nigeria.
6. To recommend ways of ensuring adequate documentation of birth and death rates.
1.4. Research Questions
1. What are the challenges of proper documentation of the birth and death rates?
2. Is there a relationship between the birth rate and the economic status of Nigeria?
3. Can the economy of the Nigeria be predicted using the birth and death rates?
4. What is the nature of relationship that exists between birth, death rates and the economy of Nigeria.
1.5. Research hypotheses
H0: there is no relationship between birth rate and the economy of Nigeria.
H1: there is a relationship between birth rate and the economy of Nigeria.
H0: there is no relationship between death rate and the economy of Nigeria.
H1: there is a relationship between death rate and the economy of Nigeria.
H0: there is no relationship between death rate, birth rate and the economy of Nigeria.
H1: there is a relationship between death rate, birth rate and the economy of Nigeria.
1.6. Significance of the study
The
significance of this study is to educate researchers firms, hospitals,
families and other related organizations on the need to ensure adequate
documentation of the birth and death rates as it helps in effective
economic planning of Nigeria.
1.7. Scope of the study
This study is restricted to the impact of birth and death rates on the socio economic development of Nigeria.
1.8. Definition of terms
Ø Birth rate: the number of births every year for every 1000 people in the population of a place.
Ø Death rate: the number of deaths every year for every 1000 people in the population of a place.
Ø Economy:the relationship between production, trade and the supply of money in a particular country or region.
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