Pursuit of happiness (research project)
Ekonomikos projektas. Summary. Introduction. Data description. Variables. Data screening. Multivariate analysis. Factor analysis. Regression. Assumption. Regression model. Conclusion. References. Before starting the description of our paper, we want to be clear first that the issue we have chosen is probably not the best one to submit to statistical analysis or previsions because, of course, it is difficult to define the elements that universally make people happy. Nevertheless we tried to conduct an investigation considering variables that, in accordance with common sense, determine, at least partially, the more general state of happiness in people. At the very beginning of our analysis, we selected. Variables about different topics such as the state of economy, of politics and democracy, the opinions about the effects of immigration in different fields, the way people live their ordinary days in the society, the age of respondents and their net incomes.
We declare that this written assignment is our own work and does not include (i) material from published sources used without proper acknowledgment or (ii) material copied from the work of other students.
We declare that this assignment has not been submitted for assessment in any other course at anybefore starting the description of our paper, we want to be clear first that the issue we have chosen is probably not the best one to submit to statistical analysis or previsions because, of course, it is difficult to define the elements that universally make people happy. At the very beginning of our analysis, we selected 12 Then, we run a factor analysis involving 10 variables and we made factors concerning wider issues: the satisfaction about the country’s policies, the opinions concerning the immigration and the satisfaction deriving from the relationships. once we had obtained the factors we run the first regression analysis putting in the model each single factor and variable to observe the relation between each of them and the dependent one, happiness. The results show, firstly, the goodness of the models and the significant contribution of the factors and of the variables to them, and secondly, the high and positive correlation between how a person would say to be happy with the way country’s policies are conducted and with the relationships he or she had within the society. Other interesting aspects, considerations and inferences were emerged, but we will deal with them step by step during the aour interest in human behavioral studies and socioeconomics was awaken after coming across some articles in the biggest on-line news papers, describing the works of a well known and highly respected professor daniel kahneman who along with various honors and prizes in 2002 was awarded the nobel prize in economics (together with a colleague vernon smith) for, in the words of the nobel prize committee, having integrated insights from psychological research into economic science, especially concerning human judgment and decision-making under uncertainty
Probably there is no surprise that in the nowadays world more and more scientists, researchers, sociologists and writers are becoming really concerned with the question: how happy we are? The reason for raising such a general and extremely broad subject matter to the central stage could be also seen from many different perspectives.