The Origins of Happiness

(Elliott) #1
Chapter 1

Interpreting the Results


Throughout the analysis we start from the huge variation


in well- being in the population. This is large even within


one country, and wider still across the whole human race.^2


The graph above is based on the British Cohort Study and,


like the figures that follow, uses observations on the sam-


ple at both ages 34 and 42.^3 The standard deviation of life-


satisfaction in the sample is 1.9 (on the scale of 0– 10).


So what explains this variation? The method of explana-


tion is called multiple regression. This provides estimates of


an equation such as


Life- satisfaction = (∝ 1 × Income) + (∝ 2 × Education) + etc. (1)


35

30

25

20

15

10

5

0
0
Extremely
dissatised

Completely
satised

12345678910

Pe

rcen

t

Distribution of life- satisfaction (0– 10) at ages 34 and 42 (British Cohort Study)
Free download pdf