Browsing by Author "Mbaluka, Morris Kateeti"
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Application of Principal Component Analysis and Hierarchical Regression Model on Kenya Macroeconomic Indicators
Mbaluka, Morris Kateeti; Muriithi, Dennis K.; Njoroge, Gladys G. (EJ-MATH, European Journal of Mathematics and Statistics, 2022)The aim of this paper was to apply Principal Component Analysis (PCA) and hierarchical regression model on Kenyan Macroeconomic variables. The study adopted a mixed research design (descriptive and correlational research ... -
MODELLING KENYA MACROECONOMIC INDICATORS USING PRINCIPAL COMPONENT ANALYSIS
Mbaluka, Morris Kateeti; Muriithi, Dennis K.; Njoroge, Gladys G. (Chuka University, 2021)Kenya's economic growth has been lower than in other nations, especially the European nations for a long time. Macroeconomic indicators are the main factors that affect the economic growth of a country. The study sought ...