An analysis of Covid-19 pandemic and impact on the economy in Nigeria Department: Mathematics and Statistics By: kruskalstat Project ID: 4630 Rating: (5.0) votes: 1Rate this project12345 Price:₦2000 Get the Complete MaterialAbstractThe study focused on assessing the effect of COVID-19 on the Nigerian economy. The study adopted both descriptive and inferential survey which obtained secondary data on reported cases of COVID-19 in Nigeria as well as inflation rate, crude oil price and exchange rate from the period of December 2019– December 2020. The study data were analyzed using simple line charts and regression models. The result of the study reported that only about 4.8% of the changes in the inflation rate were caused by the COVID-19 pandemic in Nigeria. it was also added that the COVID-19 pandemic effect can account for 16.6% of all the changes in the exchange rate of dollar to naira value during the pandemic period while crude oil for the period received no significant effect from the pandemic of COVID-19 in Nigeria. Findings from the study analysis have shown that the COVID-19 pandemic has insignificantly caused an increment in basic macroeconomic variables such as inflation and exchange rate in Nigeria. It also indicated no notable change in the price of crude oil in the country. The number of infected cases of COVID-19 has therefore had significant correlations with economic activity from the perspective of a descriptive analysis. ...Preview Download Preview +Other Mathematics and Statistics project topics and materials you might be interested in»Statistical Quality Control of Premier Soap in Soap Manufacturing Industry ( A Case Study of PZ Cusson PLC Aba Abia State)»Statistical analysis of students’ height and weight (case study of federal polytechnic Nekede, Owerri, Imo state) »Statistical analysis of unemployment rate among age groups and geographical locations in Nigeria»Statistical analysis of the problems associated with skill acquisition in Nigeria (a case study of male tailors in Imo state)»Application of linear programming technique to profit maximization in the production of soap (a case study of Promotex industrial and chemical company limited, Nnewi, Anambra state) »Statistical analysis of foster care and adoption rate in Abia state (a case study of motherless babies home Ahiaeke, Umuahia)»Determination of nutritional status of children within the ages of four (4) to ten (10) years using their body mass index (BMI)»Time series analysis on marriage registration in Ilorin, Kwara state»Application of multiple queuing model in evaluating the efficiency of service in UBA bank»Statistical analysis on impact of parental hood on academic performance»Econometrics analysis of gross national income on consumption expenditure of federal republic of Nigeria between (2011)»Determinant of foreign direct investment in Nigeria and its effect on Nigerian economy: an empirical analysis»Statistical analysis of factors affecting crime in Imo state»Statistical study of the queuing pattern at the antinatal division of Federal Medical Center FMC Owerri Imo state»A statistical analysis of coal production in Nigeria - a case study of Nigeria coal corporation from 2000-2009