Factor Analysis of Net Returns from Cassava Value Addition in Imo State, Nigeria

This study evaluated factor analysis of net returns from cassava value addition in Imo State, Nigeria.
Multi-stage sampling technique was used to select 106 cassava processors for this study. Information on the objectives of this study was elicited from the sampled respondents through a well
structured questionnaire. Data were analyzed using descriptive statistics and ordinary least squares
multiple regression model. The mean age of the cassava processors were 54 years, 4 persons per
household, 7 years educational attainment, 16 years of processing experience, etc. The value of
co-efficient of multiple determination (
R2) was 0.8239, which implies that about 82% of the variation
in the net returns from value addition of cassava processors is accounted for by the explanatory
variables such as age (
X1), education (X2) household size (X3), etc. Again, 60.4% of the cassava
processors perceived inadequate capital as a major constraint amongst others. Hence, there is
urgent need for the government and other relevant stakeholders to assist the cassava processors
by providing highly technical extension services to cushion processing inefficiencies, curb perceived
constraints and boost net returns across the State
  

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APA

EMEKA EMMANUEL, O., Anyanwu1, U , Osuji2∗, E , Ehirim1, N , Ukoha1, I & B., A (2018). Factor Analysis of Net Returns from Cassava Value Addition in Imo State, Nigeria. Afribary. Retrieved from https://afribary.com/works/factor-analysis-of-net-returns-from-cassava-value-addition-in-imo-state-nigeria

MLA 8th

EMEKA EMMANUEL, OSUJI, et. al. "Factor Analysis of Net Returns from Cassava Value Addition in Imo State, Nigeria" Afribary. Afribary, 05 Apr. 2018, https://afribary.com/works/factor-analysis-of-net-returns-from-cassava-value-addition-in-imo-state-nigeria. Accessed 22 Nov. 2024.

MLA7

EMEKA EMMANUEL, OSUJI, U. Anyanwu1 , E. Osuji2∗ , N. Ehirim1 , I. Ukoha1 and And B. . "Factor Analysis of Net Returns from Cassava Value Addition in Imo State, Nigeria". Afribary, Afribary, 05 Apr. 2018. Web. 22 Nov. 2024. < https://afribary.com/works/factor-analysis-of-net-returns-from-cassava-value-addition-in-imo-state-nigeria >.

Chicago

EMEKA EMMANUEL, OSUJI, U. Anyanwu1 , E. Osuji2∗ , N. Ehirim1 , I. Ukoha1 and And B. . "Factor Analysis of Net Returns from Cassava Value Addition in Imo State, Nigeria" Afribary (2018). Accessed November 22, 2024. https://afribary.com/works/factor-analysis-of-net-returns-from-cassava-value-addition-in-imo-state-nigeria