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An Application of Bootstrap Regression Method in Age Dependency Structure to the Community
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The age dependency is an important factor to contribute to the economic structure of a family. In this work, the effect of age dependency on the economic sustainability in the families of Varanasi city has been observed. To deal with small sample size problem the boot strapping method has been used. The relevant calculations are done using the software R. It has been found that the presences of young dependent people make the families economically poor. However, the presences of old age people in the family make it economically sustainable.
Keywords
Bi-Square, Huber Estimator, M-Estimator, Re-Sampling Method
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