Qba- Family Happiness

In: Business and Management

Submitted By SharonFeng
Words 1879
Pages 8
Income and Family Happiness
Xueqing Feng
Business 652
QBA-Research
Harding University
June 19, 2012

Abstract
This study proposes to know whether the family happiness correlated to salary, and whether the family happiness is correlated to satisfaction on living conditions or family members' relationship. The study will be for the family in Little Rock, AR. Hypothesis testing and regression analysis will be used to analyze the data gathered from 50 subjects.

PROBLEM FOR STUDY
INTRODUCTION
Which factor is the strongest one to affect the family happiness? Most people would think about the income at the first time. Because of the strong purchase power enable a higher quality of life, family be able to enjoy a better life including the life style, food, living condition, things for use and better to pursue the family gold. As one of the basic foundation, income is seems likely considered an most important factor to develop the family happiness. Financially richer people tend to be happier than poorer people, according to sociological researcher Glenn Firebaugh, "We find with and without controls for age, physical health, education, and other correlates of happiness," said Firebaugh, "that the higher the income of others in one's age group, the lower one's happiness. Families whose income earners are in jobs with flat income trajectories are likely to become less happy over time. Thus the relative income effect observed here implies adverse effects for some individuals over the working years of their life cycles." (Glenn Firebaugh,2005)According to Edward Diener(2010), it can be considered that family happiness depends on the difference between income and the money can make life fill of happiness."Results suggest that while money affects how satisfied a person is with their overall life, when it…...

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