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Graph of Consumption.
Consumption
10% 13%
3% 1
2
3
4
74%
This graph shows the results of consumption in which major portion of variance
i-e 74%, 13% is average, 10% is range and 3% is standard deviation out of
100%.
Graph of Disposable Income.
INCOME
7% 8%
2%
1
2
3
4
83%
This graph shows the results of Disposable Income in which majority
participation is variance i-e 83 %, 8% is average, 7% range and 2% is standard
deviation out of 100%.
Graph of Saving.
SAVING
15% 11%
4% 1
2
3
4
70%
The above graph of saving shows that there is 70% of variance, 15% is range,
11% is average and 4% is standard deviation out of 100%.
Result of Regression in Excel.
Consumption = Y
Income = X
Y = 𝑓(X)
Y = 31.84819 + 0.610889X
Interpretation of Beta.
The results of Beta in Excel, Data Analysis and E-views shows that a one unit
change in X1 i-e is disposable income will lead to change in Y1 i-e consumption
by 0.61 unit, if other things remains same.