STATISTICAL ANALYSIS OF THE FEDERAL GOVERNMENT’S EXPENDITURE AND REVENUE
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ABSTRACT
This research work was aimed at carrying out statistical analysis of federal government’s revenue and expenditure 2003-2008. Secondary data was obtained from National Bureau of Statistics. The statistical package used is Mintab. The result of the analysis shows that there is positive and strong relationship between expenditure and revenue 0.938 and the regression equation is expenditure = 123 + 0.367 revenue. The regression equation shows that when the revenue increase, the expenditure also increases.
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