Data Analysis: Recession Impact on Side Hustles
VerifiedAdded on  2019/09/23
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This report presents a quantitative data analysis examining the impact of recession on side hustles in Nigeria. The study uses primary data from a survey of 100 Nigerians, categorized into micro, small, and medium businesses, and secondary data from literature and statistical sources. Descriptive analysis reveals the distribution of business types and durations. Correlation analysis explores the relationship between robust business strategies before the recession, business performance changes afterward, and the impact of side hustles on the Nigerian economy. Regression analysis investigates the influence of pre-recession strategies and recession anticipation on post-recession business performance. The findings suggest that while large businesses may have adapted, micro, small, and medium-sized businesses haven't significantly improved after the recession, indicating that the recession did not positively impact side hustles.
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