National Values through Bivariate Analysis


In this section, an analysis was carried out to determine any significant relationship between the independent and dependent variables. “SATFIN,” a categorical independent variable, was selected from the GSV data set.  The mentioned variable represents the Respondent’s gratification with monetary conditions. Three independent variable categories, SATIN named “not at all,” “pretty satisfied,” and more or less were grouped. The suitable level of measurement of the dependent variable is ordinal. The variable influenced by the independent variable is “Happy,” which signified the Respondent’s overall happiness. This was put into three classes (“pretty happy,” “very happy,” and “not too happy”). Similar to the independent variable, ordinal is the correct level of measurement. 

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  Defendant’s gratification with the financial condition Defendant’s overall happiness
No. of observations (n) 698 698
Mean 1.94 1.81
Standard Deviation  725 616

Table 1.1. show the number of observations, standard deviation, and mean for the “HAPPY” and “SATFIN” variables.

From the sample average values on the above table, it was experimental that 1.94 represents the fraction of the whole US population that was less or more satisfied with the financial situation. 

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