Browsing by Subject "regression analysis"

Now showing 1 - 2 of 2
  • Thumbnail Image
    Item
    Open Access
    The racetrack : a scientific approach
    (1993) Kreel, Larry; Stewart, Theodor J
    Horseracing and its associated activity of gambling invites academic research of a multidisciplinary nature. Economics, psychology, mathematics and statistics are all fields that have investigated the two topics. In 1976 economists discovered a new body of data on which they could test their theories. For many years psychologists have investigated human behaviour in gambling situations. Mathematicians have developed optimal betting strategies. Statisticians have assisted in all the investigations as well as utilised decision theory, probability theory and regression analysis, in their own right, within the discipline. Why do academics devote their time to this subject? The furthering of knowledge in general in the above fields is important. Also, because the possibility of making money with relatively little work exists, people from all walks of life will be drawn to the intellectual challenge of finding winners. Researchers know that in order to derive money making systems, research on an academic scale is necessary. The amount of data available is phenomenal and although much of it is utilized by the public, some of it is not and that which is, is not always used in a consistent manner. The research in this work concentrates on all four fields mentioned above. A general, overview of the work done in each section is as follows. In chapters two and three, the betting market is examined within the framework of the efficient markets hypothesis. Tests of the three well known forms of efficiency are performed. In chapter four, within the framework of the expected utility hypothesis, the behaviour of gamblers is analysed. The investigation concentrates on behaviour observed at the racetrack, but draws ideas from other gambling situations as well. In chapter five, an investigation is made into horseraces, considering a race to be a sports event. This will consider the competing horses as athletes and will try and identify which fundamental factors are most important in determining the victor of such a race. In chapter six, some statistical theory, which has simple applications in horseracing is examined. In chapter seven, the economics of racetrack management is investigated.
  • No Thumbnail Available
    Item
    Open Access
    The relationship between financial inclusion and entrepreneurship among South African women
    (2024) Khoza, Maximillan; Brijlal, Pradeep
    In South Africa, women have historically faced multifaceted challenges in accessing financial resources, starting and growing businesses, and achieving economic independence. These challenges have contributed to persisting gender disparities in their economic participation. Given the potential for inclusive financial practices to bridge gender disparities, this study examines women's entrepreneurship to generate practical recommendations for policymakers and practitioners. Secondary quantitative data from the World Bank's Global Findex Database was used, and various statistical methodologies, including correlation and regression analysis, were applied. The nature and strength of the relationships between financial inclusion and entrepreneurship among South African women were analysed to understand the impact of financial inclusion on women's entrepreneurship and the determinants and barriers affecting South African women's entrepreneurial engagement. The findings highlighted a positive correlation between women's entrepreneurial engagement and financial inclusion, implying that the latter can enable the participation of women in entrepreneurial activities. Findings also suggested that there has been a steady increase in women's involvement in savings, investments, and entrepreneurial ventures over time. These findings confirm the significant potential for financial inclusion to empower women economically and facilitate greater participation in entrepreneurship. Policymakers and practitioners can use the insights from this study to develop targeted initiatives and interventions aimed at enhancing financial inclusion and, by extension, empowering women economically.