Modelling Efficacy of Average Age on Capital Investment Returns A Case of Kenya between 1965 and 2015

Demographic changes have long been assumed to affect investment decisions. Little is known about the effectiveness of average age on capital investment. This study, therefore, sort to establish the efficacy of average age on capital investment as a percentage of GDP. The study used secondary data sources from the public website. Data analysis via SPSS utilized Pearsons correlation analysis, Analysis of Variance, and regression analysis. Pearsons correlation values is obtained as 0.294. ANOVA test revealed that F statistics was 9.735 and is higher than F critical, suggesting that average age is statistically significant in predicting capital investment. Regression analysis indicated that coefficient value is 15.074. The study concludes that average age negatively influence capital investment and is useful in predicting capital investment in Kenya. The study recommends an extension of the period under review and the addition of other demographic variables to add knowledge to the area. Ngina Ann Maureen Wangui | Weke Patrick Guge O. "Modelling Efficacy of Average Age on Capital Investment Returns: A Case of Kenya between 1965 and 2015" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-2 , April 2023, URL: https://www.ijtsrd.com.com/papers/ijtsrd55104.pdf Paper URL: https://www.ijtsrd.com.com/mathemetics/other/55104/modelling-efficacy-of-average-age-on-capital-investment-returns-a-case-of-kenya-between-1965-and-2015/ngina-ann-maureen-wangui