Statistical Analysis of the Federal Government’s Expenditure and Revenue

Introduction

Statistical Analysis of Federal Government’s Revenue and Expenditure  of the country fall under the topic, public finance. However, in a developing economy like Nigeria, management of moderate deficit financing is tailored toward useful and development oriented projects. This necessitated me to focus attention on the amount of expenditure and revenue generated in Nigeria over the past years.

The result of the analysis shows that there is positive and strong relationship between expenditure and revenue 0.938 and the regression equation is expenditure = 123 + 0.367 revenue. The regression equation shows that when the revenue increase, the expenditure also increases.

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