...learn important criterion for developing effective research questions, including the creation of appropriate sampling populations and instruments. Other topics include descriptive statistics, probability concepts, confidence intervals, sampling designs, data collection, and data analysis – including parametric and nonparametric tests of hypothesis and regression analysis. Cooper, D.R., & Schindler, P.S. (2006). Business research methods (9th ed.). Boston, MA: McGraw-Hill/Irwin. Lind, D. A., Marchal, W. G., & Wathen, S. A. (2008). Statistical techniques in business and economics (13th ed.). Boston, MA: McGraw-Hill/Irwin. All electronic materials are available on the student website. |Week One: Descriptive Statistics and Probability Distributions | | |Details |Due |Points | |Objectives |Compute descriptive statistics for given data sets. | | | | |Apply probability concepts related to discrete and continuous probability. | | | |Readings |Read Ch. 3, 5, 6, & 7 of Statistical Techniques in Business & Economics. | | | |...
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...YOUR ECONOMETRICS PAPER BASIC TIPS There are a couple of websites that you can browse to give you some ideas for topics and data. Think about what you want to do with this paper. Econometrics is a great tool to market when looking for jobs. A well-written econometrics paper and your presentation can be a nice addition to your resume. You are not expected to do original research here. REPLICATION of prior results is perfectly acceptable. Read Studenmund's Chapter 11. One of the most frustrating things in doing an econometrics paper is finding the data. Do not spend a lot of time on a topic before determining whether there is data available that will allow you to answer your question. It is a good idea to write down your ideal data set that would allow you to address your topic. If you find that the available data is not even close to what you had originally desired, you might want to change your topic. Also, remember that knowing the location of your data – website, reference book, etc – is not the same as having your data available to use. It may take a LONG time to get the data in a format that EVIEWS can read. Do not leave this till the last minute. For most data, I enter the data into Excel first. I save the Excel sheet in the oldest version, namely MS Excel Worksheet 2.1 . The reason is that format can be read by most programs whereas newer formats may or may not be read. Eviews easily reads an Excel sheet 2.1 version. You should use the...
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...e YOUR ECONOMETRICS PAPER BASIC TIPS There are a couple of websites that you can browse to give you some ideas for topics and data. Think about what you want to do with this paper. Econometrics is a great tool to market when looking for jobs. A well-written econometrics paper and your presentation can be a nice addition to your resume. You are not expected to do original research here. REPLICATION of prior results is perfectly acceptable. Read Studenmund's Chapter 11. One of the most frustrating things in doing an econometrics paper is finding the data. Do not spend a lot of time on a topic before determining whether there is data available that will allow you to answer your question. It is a good idea to write down your ideal data set that would allow you to address your topic. If you find that the available data is not even close to what you had originally desired, you might want to change your topic. Also, remember that knowing the location of your data – website, reference book, etc – is not the same as having your data available to use. It may take a LONG time to get the data in a format that EVIEWS can read. Do not leave this till the last minute. For most data, I enter the data into Excel first. I save the Excel sheet in the oldest version, namely MS Excel Worksheet 2.1 . The reason is that format can be read by most programs whereas newer formats may or may not be read. Eviews easily reads an Excel sheet 2.1 version. You should use...
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...Version 1 V Genera Certificate of Education (A-lev G al o vel) June 20 J 012 Econo E omics s ECON N3 (Spec ( cificati 21 ion 140) Unit 3 Bus U 3: siness Econ s nomic and the cs Distrib D bution of In n ncome F al Fina Mar S eme rk Sche e Mark schemes are prepared by the Principal Examiner and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all examiners participate in and is the scheme which was used by them in this examination. The standardisation process ensures that the mark scheme covers the students’ responses to questions and that every examiner understands and applies it in the same correct way. As preparation for standardisation each examiner analyses a number of students’ scripts: alternative answers not already covered by the mark scheme are discussed and legislated for. If, after the standardisation process, examiners encounter unusual answers which have not been raised they are required to refer these to the Principal Examiner. It must be stressed that a mark scheme is a working document, in many cases further developed and expanded on the basis of students’ reactions to a particular paper. Assumptions about future mark schemes on the basis of one year’s document should be avoided; whilst the guiding principles of assessment remain constant, details will change, depending on the content of a particular examination paper. Further copies of this...
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...Topic: Economic and Financial Evaluation of oil production in the Ghanaian Jubilee oil field; “Tullow Ghana as case study” 1.0 INTRODUCTION Kosmos Energy Ltd. discovered Ghana’s offshore Oil Jubilee Field in 2007. It was the Biggest and brightest opportunity for Ghana’s socioeconomic advancement in crude oil discovery for that year, coinciding with golden jubilee independence celebration “Ghana@50.” The field is located about 60km off the shores of Cape Three Point in the Western Region of Ghana (Kosmos Energy ltd, 2012). The Jubilee oil field is one of the best oil fields off the coast of West Africa. Besides that, the field is one of the largest offshore oil fields discovered off the West African shore in recent years. The total estimated recoverable hydrocarbon resource is about one billion barrels of crude oil and a significant quantity of natural gas (Africa Region, 2009). The crude in the field is light sweet crude with 37 API. The Government of Ghana is fully committed to the development of the Jubilee Oil Field in order to proportionate and equate its economy to other nations.The Government, in collaboration with jubilee field operators, acquired production facilities to enhance the production of oil in the field. The Floating Production Storage and Offloading (FPSO) Kwame Nkrumah, which is 60 metres wide, 330 metres long and has the same length of approximately three football fields, has been acquired for the production of the oil in the field (Araujo, 2012)...
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...CHAPTER 2 o n Studying this chapter should enable you to: • understand the meaning and purpose of data collection; • distinguish between primary and secondary sources; • know the mode of collection of data; • distinguish between Census and Sample Surveys; • be familiar with the techniques of sampling; • know about some important sources of secondary data. 1. I N T R O D U C T I O N h T lis R b E u C p N re © e b o t t chapter, you will study the sources of data and the mode of data collection. The purpose of collection of data is to collect evidence for reaching a sound and clear solution to a problem. In economics, you often come across a statement like, “After many fluctuations the output of food grains rose to 176 million tonnes in 1990–91 and 199 million tonnes in 1996–97, but fell to 194 million tonnes in 1997–98. Production of food grains then rose continuously and touched 212 million tonnes in 2001–02.” In this statement, you can observe that the food grains production in different years does not remain the same. It varies from year to year and from crop to crop. As these values Collection of Data d e In the previous chapter, you have read about what is economics. You also studied about the role and importance of statistics in economics. In this 1 0 STATISTICS FOR ECONOMICS vary, they are called variable. The variables are generally represented by the letters X, Y or Z. The values of these variables are the observation. For example, suppose...
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...|[pic] | Course Syllabus | | | |WEDNESDAY | | | |Downtown Campus | | | |6:00pm to 10:00pm | | | |School of Business | | | |QNT/351 | | | |Quantitative Analysis for Business | | | |Dr. Jacquelyn B. Frausto | | Copyright © 2013, 2012, 2011 by University of Phoenix. All rights reserved. Course Description This course integrates applied business research and descriptive statistics. Students will learn to apply business research and descriptive statistics in making better business decisions. Other topics include...
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...Course Syllabus RES/341 RESEARCH AND EVALUATION I Welcome to RES/341, let’s do everything we can to ensure that the next six weeks will be an enlightening and enjoyable learning experience for all of us. Please print a copy of this syllabus for handy reference. Whenever there is a question about what assignments are due, this syllabus is considered the ruling document. Classroom Management Policies Breaks in the On Campus classes will be when deemed necessary. Please leave the classroom clean. Phones: Turn them off or keep them in silent mode. ***DO NOT answer the phone in the classroom. Laptop/notebook computers: If I determine the use of a laptop during class time is disruptive behavior that hinders or interferes with the educational process, you will be required to turn it off. Technical Support Technical Support is available 24 hours a day, 365 days a year. Call 1-877-832-4867, or use the e-mail support form. For answers to the most common issues, go to “Knowledge Base” by clicking Help, found at the top of every student Web site. Course Description See eCampus. Course Topics & Objectives See eCampus. Course Materials See eCampus. Participation In an intensive, collaborative learning environment such as that of University of Phoenix, class attendance is perhaps the most obvious and objective starting point as a measure for participation. If you are not in attendance, you miss out on many opportunities for learning. Consequently, if you...
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...and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Course Description This course prepares graduate students to apply statistics and probability concepts to business decisions in organizations that focus on process improvement. Students learn criteria for developing effective research questions, including the creation of appropriate sampling populations and instruments. Other topics include descriptive statistics, probability concepts, confidence intervals, sampling designs, data collection, and data analysis—including parametric and nonparametric tests of hypothesis and regression analysis. Policies Students/learners will be held responsible for understanding and adhering to all policies contained within the following document: University policies: You must be logged into the student website to view this document. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read...
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...I’m here to talk to about the economic system. I will be comparing Australia’s economy to North Korea’s economy. I will also be analysing both countries GDP and Economic freedoms in each country. Lastly, I will be evaluating each economic system based on the criteria of choice and public services. Step 2 – Body paragraph 1 The economic system most resembled in Australia is mixed market economy. The economic system most resembled in North Korea is a command economy. Australia is considered to be a mixed market economy due its characteristics by private enterprise coupled with strong controlling oversight by the government and government provision of public goods such as roads. Australia's mixed market economy is a wealthy, market economy where the GDP is high and the rate of poverty is low. (Discoverwhy, 2016) In North Korea they have a planned economy, they also have a dictator. Their dictator can do whatever he wants and make whatever decisions he chooses with respect to the economy, military, etc. The inner circle around a dictator has influence over all kinds of important decisions, including economic decisions. Rather than having buyers, producers and sellers determine how much to produce or supply, such decisions are made by central planners who enforce production quotas based on some idealistic preference. This regularly leads to shortages, surpluses, misallocation of resources and poverty. |if you use sources that refer to data (numbers) list the URL/title...
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...ECON 191, Fall 2012 Guidelines for Writing an Economics Research Paper Writing a good economics paper is both an exciting and a nontrivial task. It requires a sustained effort in identifying an important question and in developing a credible model to think about that question or a testable hypothesis to answer it. In many cases it may require collecting data that gives the opportunity to test the hypothesis that you develop. You are encouraged to structure your paper in four parts: introduction, literature review, body, and conclusion. A brief abstract of no more than 100 words should precede your paper. Introduction Identifying a significant and well formulated question is the single most important part of the research process and the most difficult as well. A good research question has to be concise (remember, you are writing a 15-page paper, not a book), feasible and important. Choosing a research question requires balancing importance and feasibility. Feasibility means tractability for theoretical research and data availability for empirical research. Whenever you come up with an idea for a research question, always try to think about a critic sitting in front of you asking “Why should I care about this?” Consider this question to be a first filter for your research question. Identify a well-defined research question. The introduction is where you (1) present the research question, (2) motivate why it is important and briefly outline (3) how you go about answering it...
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...Version 1 General Certificate of Education (A-level) January 2013 Economics ECON2 (Specification 2140) Unit 2: The National Economy Final Mark Scheme Mark schemes are prepared by the Principal Examiner and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all examiners participate in and is the scheme which was used by them in this examination. The standardisation process ensures that the mark scheme covers the candidates’ responses to questions and that every examiner understands and applies it in the same correct way. As preparation for standardisation each examiner analyses a number of candidates’ scripts: alternative answers not already covered by the mark scheme are discussed and legislated for. If, after the standardisation process, examiners encounter unusual answers which have not been raised they are required to refer these to the Principal Examiner. It must be stressed that a mark scheme is a working document, in many cases further developed and expanded on the basis of candidates’ reactions to a particular paper. Assumptions about future mark schemes on the basis of one year’s document should be avoided; whilst the guiding principles of assessment remain constant, details will change, depending...
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...Data Collection - Ballard Integrated Managed Services, Inc. (BIMS) Learning Team C QNT/351 September 22, 2015 Michael Smith Data Collection - Ballard Integrated Managed Services, Inc. (BIMS) Identify types of data collected--quantitative, qualitative, or both--and how the data is collected. A survey was sent out to all the employees’ two paychecks prior and a notice to complete the survey was included with their most recent paychecks. After reviewing the surveys that have been returned it was found that the data collected is both quantitative and qualitative. Questions one thru ten are considered qualitative data because the response for those questions are numbered from one (very negative) to five (very positive), which are measurements that cannot be measured on a natural numerical scale. They can only be classified or grouped into one of the categories and are simply selected numerical codes. Then, questions A-D could fall under quantitative data because it can determine the number of employees in each department, whether they are male or female and amount of time employed with the company. From that data it is able to find an average of time employed, then subcategorize by department, gender and if they are a supervisor or manager. Identify the level of measurement for each of the variables involved in the study. For qualitative variable there are a couple levels of measurements. Questions A, C, and D in Exhibit A fall in nominal-level data because when asking...
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...CHAPTER ONE INTRODUCTION 1. BACKGROUND TO THE STUDY ICT is an acronym for information and communication Technology. It is a set of technological tools and resources used to communicate, create, disseminate, store and manage information (Tinio, 2004). This technology include computers, the interest, broad casting technology (such as radio and television), and telephony according to O’leary & O’ leary (2004) refers to a communication process that uses the interest rather than traditional communication lines to connect two or more people via telephone. Thus, Information and Communication Technology is a technology that merges computing with high speed communication links carrying data, sound and videos. As a powerful tool for information dissemination, ICT has a wide variety of application and usage. It is used in such places as industries, banks, homes, military, Agriculture and education. In education, the application of ICT can be viewed in three perspectives, namely administrative and counseling tools; object of instruction and as a vehicle of instruction. As applied to administrative and counseling activities, ICT is used in planning of admission, record keeping, grading of scripts as well as in computer. Assisted Academic Counseling. In computer Assisted Academic Counseling; a computer package is designed specially to assist counselors to do their job effectively. It helps to assist individuals to eliminate inhibiting behaviours such as impatience, test, anxiety...
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...Part A (10 marks) Question 1. Collect and present (in graph format), annual data for the years 2006 to 2014 showing the rate of growth of real GDP, the inflation rate, and the unemployment rate for Australia, the United States and one Euro-zone economy of your choice. Using the graphing tool in Excel, present three time-series line graphs: one for each economy containing all three variables. Label each axis, give your chart a title and state source of data. Graph 1: The 2006-2014 data of the GDP annual growth rate, the inflation rate, and the unemployment rate of Australia Source: data. World bank.org. Graph 2: The 2006-2014 data of the GDP annual growth rate, the inflation rate, and the unemployment rate of the United States Source: data. World bank.org. Graph 3: The 2006-2014 data of the GDP annual growth rate, the inflation rate, and the unemployment rate of France Source: data. World bank.org. Question 2. Using the data collected for Question 1 – covering the years 2006 to 2014 -, present three comparative line graphs. The first graph will show the rate of growth of real GDP of Australia, the USA and your chosen Euro-zone economy. The second comparative line graph will show the inflation rate of the three economies and the third line graph will show the unemployment rate of the three economies. Graph 4: The Comparison of the 2006-2014 GDP annual growth rates of Australia, the United States and France Source: data. World bank.org. Graph 5: The Comparison...
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