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Does Money Equal Happiness?
Image 1) This global data visualization represents over 100+ unique states and regions, with their complementary happiness index scores.
The Context.
Everyone's heard of the question: "does money equal happiness?" To answer, I've heard very mixed answers from searching online. To settle this debate once in for all, I decided to turn to a man's best friend: dogs data.
The Problem.
While the identification of a correlation was straightforward, I first had to define what happiness is. While this could be a whole book on its own, I ultimately settled on analyzing two variables: GDP and national happiness score.
The Solution.
After cleaning some open source information from Kaggle, I visualized and plotted the data of 100+ states to increase overall redundancy and accuracy for final insights.
The Outcome.
While there have been mixed answers, I am a firm believer that data doesn't life: it turns out that as the national GDP of a country increases, there is actually a correlation between general welfare and the happiness of a population.
Image 2) This dot plot demonstrates that there is a positive correlation between GDP (gross-domestic product, a reasonably accurate indicator of economic welfare) and normalized happiness levels.
Image 3) This graph depicts a negative correlation between income inequality and happiness score. This means that as income inequality increases, the general happiness level of countries decreases.
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