Investigation of Association Between Social and Economic Indicators of the African Union by Means of Canonical Correlation Analysis

Canonical correlation analysis is a multivariate statistical technique that can be used to determine the relationship between two multiple variable sets. in the first part of this paper which applied the canonical correlation analysis, theoretical explanation of the usage of canonical correlation analysis is exposed. then, in the second part of the study, the application of canonical correlation analysis is exposed for some social and economic indicators of 54 countries that are the members of the african union. by using canonical correlation analysis, it is seen that there is a meaningful relation between the two variable sets.