Multiple regression analysis
Budget: $10 – $30 USD
I want to use the data attached to analyse and interpret the effect of International Crude Oil Price Volatility on the Performance of Oil Companies with special emphasis on the Nigerian National Petroleum Corporation (NNPC).
So pls use time series multiple regression model to show the relationship between the dependent variables (organizational performance) which were proxied by profitability (PRO), and the independent variables (international crude oil prices - ICP) which are determined by World Oil Supply of Crude Oil (WOS), World oil demand of Crude Oil (WOD) and Domestic PMS Price (DPP) from 2015 to 2020.
The hypothesis to be tested:
H01: Current International Supply of Crude Oil has no significant effect on the performance of Nigerian National Petroleum Corporation in Nigeria
H02: World Oil demand has no significant effect on the performance of NNPC in Nigeria
H03: The Domestic PMS Price has no significant effect on the performance of Nigerian National Petroleum Corporation in Nigeria
H04: The International Crude oil Price (ICP) has no significant effect on the performance of Nigerian National Petroleum Corporation in Nigeria
So pls use time series multiple regression model to show the relationship between the dependent variables (organizational performance) which were proxied by profitability (PRO), and the independent variables (international crude oil prices - ICP) which are determined by World Oil Supply of Crude Oil (WOS), World oil demand of Crude Oil (WOD) and Domestic PMS Price (DPP) from 2015 to 2020.
The hypothesis to be tested:
H01: Current International Supply of Crude Oil has no significant effect on the performance of Nigerian National Petroleum Corporation in Nigeria
H02: World Oil demand has no significant effect on the performance of NNPC in Nigeria
H03: The Domestic PMS Price has no significant effect on the performance of Nigerian National Petroleum Corporation in Nigeria
H04: The International Crude oil Price (ICP) has no significant effect on the performance of Nigerian National Petroleum Corporation in Nigeria