Factors Affecting The Political Risk - 1287 Words

N Valid 32 Missing 0 Mean 57.508681 Mode 69.2222 Std. Deviation 16.3290177 Variance 266.637 Skewness -.275 Std. Error of Skewness .414 Kurtosis -.818 Std. Error of Kurtosis .809 The average press freedom in the 32 SSA countries in this study is 57.5, which implies the press in the region is largely partly free. The dependent variable is the political risk. It provides an overview of the political stability in a particular country. The scale is designed to show the greatest value to the lowest risk and the lowest value of the highest risk. Economic, demographic, and geographic indicators are also included in the econometric specifications being control variables thus ensuring the analysis affecting the political risk. The political risk†¦show more content†¦Deviation 7.291 Variance 53.157 Skewness .308 Std. Error of Skewness .414 Kurtosis -1.091 Std. Error of Kurtosis .809 Preliminary analysis of the literacy rate indicates that the SSA region has an average literacy rate of 73% which is moderately low compared to the average global literacy rate of 84%. SPSS data is categorized as nominal, ordinal or scale, whereby nominal data is a variable without intrinsic ranking, ordinal variables have intrinsic ranking while scale variables represent data with meaningful metrics to allow for data comparisons. all the three variables in this study are scale variables implying that their values can facilitate comparison between the data of each country. Method To normalize the data in order to ensure accurate analysis, the indices on press freedom and political risk were averaged for the period between 1996 and 2013. IBM’s SPSS was used to identify correlations between the press freedom and political risk through linear regression. Without the control: Model Summary Model R R Square Adjusted R Std. Error of the Square Estimate 1 .734a .538 .523 .1162246 a. Predictors: (Constant), Press Freedom Index ANOVAa Model Sum of Squares df Mean Square F Sig. 1 Regression .473 1 .473 34.983 .000b Residual .405 30 .014 Total .878 31 a. Dependent Variable: Political Risk Index b. Predictors: (Constant), Press Freedom Index Coefficientsa Model Unstandardized