anubhab1710/Big-Mac-Index-Analysis

A simple ML and Statistical Case Study analysis to correlate the Big Mac Index with the net hourly wages of workers in 27 countries.

28
/ 100
Experimental

This project helps economists and researchers understand the relationship between a country's Big Mac Index and the net hourly wages of its workers. By inputting the Big Mac price and worker wages from various countries, it generates a statistical analysis and correlation model. The output helps economic analysts determine if there's a strong link between these two factors and potentially predict wages based on Big Mac prices.

No commits in the last 6 months.

Use this if you are an economic analyst or researcher investigating the correlation between the Big Mac Index and net hourly wages across different countries.

Not ideal if you are looking for a precise gauge of Purchasing Power Parity (PPP) or current currency misalignment, as this analysis focuses purely on the correlation between Big Mac prices and wages.

economic-analysis wage-comparison international-economics market-research statistical-modeling
Stale 6m No Package No Dependents
Maintenance 0 / 25
Adoption 5 / 25
Maturity 16 / 25
Community 7 / 25

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Stars

10

Forks

1

Language

Jupyter Notebook

License

GPL-3.0

Last pushed

Nov 25, 2021

Commits (30d)

0

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