Evaluation of the Influence of Small Business on Living Standards in the Central Black Earth Economic Region of Russia
The aim of the study is to analyze the impact of the level of development of small business on the standards of living. The main objectives of the study are to assess the level of development of small business in the Central Black Earth Economic Region of Russia according to statistical observation; to conduct correlation and regression analysis and develop statistical models to assess the impact of the level of development of small business on the key indicator characterizing the welfare of the population of the district. The hypothesis of the study is that the development of small business in the Central Black Earth Economic Region of Russia has a significant impact on the per capita income of the population. Correlation and regression analysis was used as a research method. The results of the study confirmed the working hypothesis.