Isaac Scientific Publishing

Journal of Advances in Applied Mathematics

A Study of the Education Return Based on R Language and Regression Analysis

Download PDF (357.9 KB) PP. 158 - 165 Pub. Date: October 1, 2018

DOI: 10.22606/jaam.2018.34006

Author(s)

  • Xinfeng Li*
    College of Liberal Arts, University of Minnesota, Twin Cities, Minneapolis, The United States
  • Hao Deng
    School of Mathematics, University of Edinburgh, Edinburgh, The United Kingdom

Abstract

To study the return on education, R language and regression analysis were applied. First, the research background and research status at home and abroad were introduced. Then, the relevant theories and influencing factors of educational returns were analysed. Finally, taking Hunan Province as an example, using the data surveyed by the National Bureau of Statistics, a multiple linear regression model was established to study the educational returns of urban residents. The results showed that education, employment and the degree of regional development all affected educational returns. Therefore, the level of investment in education should be raised and the regional gap should be narrowed.

Keywords

R language; regression analysis; educational return

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