The Analysis of Indicators Aimed at the Sustainable Development of Alcohol Production using the Python Programming Language (According to the Data of the Republic of Armenia)


Authors : Parsyan Suren; Parsyan Anna; Aharonyan Razmik

Volume/Issue : Volume 8 - 2023, Issue 6 - June

Google Scholar : https://bit.ly/3TmGbDi

Scribd : https://tinyurl.com/ym3fvf8a

DOI : https://doi.org/10.5281/zenodo.8082148

Abstract : Market of alcoholic beverages is developing dynamically in the world. This analysis was carried out on the basis of the data of the Republic of Armenia, taking into account the fact that Armenia has thousands of years of history and traditions in this field. The article considers the issues of alcoholic beverage market of the Republic of Armenia, dynamics of the economic indicators of alcoholic beverages produced and exported in Armenia at comparable prices. The applicability and relevance of the Python programming language were analyzed in order to identify the relationship between the indicators. The tendencies and trends of production, export and import of alcoholic beverages in RA were presented. By calculating the correlation coefficient, the relationship between the production and export volumes of alcoholic beverages of RA in 2017-2021 was studied. Using the basic tools of the Python programming language, a number of calculations and conclusions were made. All codes required for the calculation of correlation coefficient were also introduced, and by simply copying them into the appropriate program, it will be possible to conduct similar calculations. Moreover, this model is applicable not only in Economics, but also in other fields where there are factor and result indicators.

Keywords : Production, Export, Alcoholic Beverage Market, Economic Indicator, Codes.

Market of alcoholic beverages is developing dynamically in the world. This analysis was carried out on the basis of the data of the Republic of Armenia, taking into account the fact that Armenia has thousands of years of history and traditions in this field. The article considers the issues of alcoholic beverage market of the Republic of Armenia, dynamics of the economic indicators of alcoholic beverages produced and exported in Armenia at comparable prices. The applicability and relevance of the Python programming language were analyzed in order to identify the relationship between the indicators. The tendencies and trends of production, export and import of alcoholic beverages in RA were presented. By calculating the correlation coefficient, the relationship between the production and export volumes of alcoholic beverages of RA in 2017-2021 was studied. Using the basic tools of the Python programming language, a number of calculations and conclusions were made. All codes required for the calculation of correlation coefficient were also introduced, and by simply copying them into the appropriate program, it will be possible to conduct similar calculations. Moreover, this model is applicable not only in Economics, but also in other fields where there are factor and result indicators.

Keywords : Production, Export, Alcoholic Beverage Market, Economic Indicator, Codes.

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