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STATISTICAL STUDY OF SOME INDICATORS IN THE LIVESTOCK SECTOR

Ramona-Maria Dimitrov
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Ramona-Maria Dimitrov: University of Craiova, Craiova, Romania

Management and Marketing Journal, 2024, vol. XXII, issue 1, 7-28

Abstract: In this paper, some indicators covering milk production, weight gain and feeding efficiency are studied, such as the duration of lactation, total amount of milk, daily amount of milk, percentage of fat, protein, lactose in milk, for a representative sample taken from S.C.D.A Simnic. In the first part, a descriptive statistical analysis is made of the indicators in the zootechnical field presented, followed by econometric methods regarding confidence intervals for the average of the entire population, at a threshold of 5%. Also, the correlation matrix between the indicators is analyzed and three validated linear regression models are presented with the interpretation of the results. These results help to optimize management in the zootechnical field by making decisions based on quantitative analyses.

Keywords: livestock management; statistical methods; correlation and regressionregression. (search for similar items in EconPapers)
JEL-codes: Q11 Q15 (search for similar items in EconPapers)
Date: 2024
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