...In statistics, regression analysis includes many techniques for modeling and analyzing several variables, when the focus is on the relationship between a dependent variable and one or more independent variables. More specifically, regression analysis helps one understand how the typical value of the dependent variable changes when any one of the independent variables is varied, while the other independent variables are held fixed. Most commonly, regression analysis estimates the conditional expectation of the dependent variable given the independent variables — that is, the average value of the dependent variable when the independent variables are held fixed. Less commonly, the focus is on a quantile, or other location parameter of the conditional distribution of the dependent variable given the independent variables. In all cases, the estimation target is a function of the independent variables called the regression function. In regression analysis, it is also of interest to characterize the variation of the dependent variable around the regression function, which can be described by a probability distribution. Regression analysis is widely used for prediction and forecasting, where its use has substantial overlap with the field of machine learning. Regression analysis is also used to understand which among the independent variables are related to the dependent variable, and to explore the forms of these relationships. In restricted circumstances, regression analysis can be...
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...What would happen if one day you found out that from that point on, every minute you spent working would pay you money for the rest of your life? Would you work a hour and live with a few dollars per day for the rest of your life? Or would you spend a few hours a day working till you made $100 per day and then stop? Better yet , might you spend several hours a day for a month working make $500 per day for the rest of your life? --Think About It-- Normal Jobs Pay For A hour of work, Passive Income Sources pay for a lifetime from a hour of work. This job however isn't normal , for every hour you work, you make money and get paid for the rest of your life! This is the secret of "Residual Income" that the world's wealthiest people talk about. Wouldn't it be nice not to have to worry about where the next paycheck is coming from? Instead, you would have the satisfaction of knowing the exact date and time your check will be in the mail, all you have to do is pick it up. No more living paycheck-to-paycheck No more back breaking work for someone else Setting your own hours of business Working from the comfort of your own home Job SECURITY - Your job can't be shipped overseas I know what you're thinking "This Is Too Good To Be True" But look at a recent "ScreenShot" Of only 2 weeks In January I have been using the Google Money System since October 2008 , and am now up to an astonishing $10,000 PER WEEK! The best part is I only continue...
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...Byron Wien on ‘Only Way to Make Serious Money’ The Wall Street veteran interviews a wise colleague who argues that tech and biotech is where the action is. Byron Wien Updated July 1, 2015 12:24 p.m. ET For the past fifteen years I have written annually about a person I have come to call “The Smartest Man in Europe.” For new readers, he is a finance person in his 80’s who has built his reputation by identifying important trend changes early and putting serious money behind his conclusions. Descended from a mercantile family that operated canteens selling food and weather protection along the Silk Route, he was educated in Europe, trained in New York and returned home to take advantage of the wealth-creating opportunities resulting from the post-war recovery. Listening to conversations around the dinner table, he was encouraged to focus on the major events early, and his success is a product of this skill. That success is reflected in his homes and other comforts he enjoys. His art collection spans centuries, from Canaletto to Koons, but what keeps him vibrant is ideas. More From Byron Wien Byron Wien: The Stock Market’s Next Phase Byron Wien on Population Growth and Stocks Byron Wien’s Views on Oil, Global Stock Markets Notable among the past events he was early to observe are the rise and fall of Japan, the opportunities in China after the death of Mao, the end of the command economy in Russia and the unrealistic valuations of technology at the end of the last century...
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...How Do Social Media Companies Like Facebook and Twitter Make Money http://www.marketoracle.co.uk/Article42647.html Oct 11, 2013 - 12:44 PM GMT By: Money_Morning Tara Clarke writes: Over the last month we've seen Facebook's (Nasdaq: FB) dramatic share price rebound, Twitter's stock IPO announcement, and LinkedIn (NYSE: LNKD) stock on fire, but have you ever wondered... how do social media companies make money? To find out, we turned to Money Morning E-commerce Director Bret Holmes. Part of Holmes' job is to utilize web advertising via social media platforms to best market Money Morning. As a result, he's on top of what's going on inside of today's social media giants. Holmes said the key to unlocking value for social media companies is successful advertising models. "Social media companies are legitimate advertising websites, no different than, say, Google or Yahoo. The same way Google made its money is the same way Twitter and Facebook will make their money," Holmes explained. Web advertising is a growing market. In a 2013 Nielsen report, data showed that 89% of advertisers use free social media advertising, and 75% use paid social media advertising. The report also highlighted that 64% of advertisers expect to increase their paid social media advertising budgets over the course of 2013. That means a lot of opportunity for social media companies to make major money. The trick for social media companies looking to profit as ad platforms is to find the best way to...
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...How a marriage is affected when the wife makes more money and/or is more educated than the husband is? Abstract Cases of women earning more than men have been on the rise. This paper concisely tries to find how income gaps, where wives earn more than their husbands, affects marriage. The paper heavily relies on other studies carried out by other researchers. It derives its arguments from journal posts and other sources. The conducted research found out that the state of women earning more than men has the following negative impacts on a marriage: 1) Women become independent because they have less to gain in a marriage. 2) Couples live an unhappy life, full of tension, stress and other psychological problems. 3) Gender roles reverses and women work more than they do if married to a man with high income than them. 4) Wives end to distort secretly their income in order to reduce and avert the risk of divorce. This results to dishonesty in the marriage. The paper also concludes by noting the various flaws and weaknesses found in the sources used to draw arguments for the question under study. The paper ends by noting that monetary gains do not necessarily lead to a happy marriage; true love does. In the traditional family setting, men played a very important role in the family. They were the sole breadwinners while women stayed at home, attending to matrimonial duties and nurturing their children. This is what constituted gender roles, and it was the sole pride of all...
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...Module: Business Analysis and Assessment Week: 06 Discussion Question Name: Sahr Dauda Date: 18 July 2012 Question: How would you justify spending time and money on a business analysis of your company? Can such an exercise really pay off in ways that make it worth the effort? Analysis, as summed up from my readings, can be regarded as a clinical and structured decomposition of a subject into its constituent parts with the aim of acquiring salient information and deeper understanding of the said subject and to offer robust solutions for improvements. It is thus a process that is inherently iterative and involves, as proffered by Williamson et al., (2004), lots of research to gain deeper insight into the business which encompasses all aspects of the business and its environment. In short, it is a holistic process that unearths the secrets of the business and identifies areas needing attention. It thus seeks to find answers to questions like where is the business now, what does it do and how does it do it, where does it want to go and how can this be achieved (Williamson et al., 2004). Yes, it consumes time and money but insights so garnered from the analytical process leading to formation of strategies will give the business a favourable competitive position and superior profitability. To reduce time and money spent, analytical tools are used to aid in the process, besides bringing structure to it. Note here that only the right necessary tools are used, as a few too...
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...Do you think money is the way to find happiness? People often think that money can bring them joy in life.Money can't buy happiness but there are other things in life that will make you truly happy. In F. Scott Fitzgerald's The Great Gatsby. The assumption that wealth makes happiness leads to many characters making drastic measures to find "happiness.” Many characters only care about money throughout the book, Daisy is one of them. She thought that lots of money would make her happy but in reality, it was really Gatsby that made her happy. Daisy loved Gatsby so much but he never had enough money, so once he left for the war she looked for someone who had money. She found Tom, and even though she never really loved Tom she still decided to marry him. Daisy wanted a good, expensive life, someone who could provide for her and give her all she needs and wants, Tom was the person who could do that. "Daisy marries and stays with Tom because of the...
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...will explain how spreadsheets can be used to solve complex problems that the organisation, Inter City Sports have and what methods would be used for interpreting methods to analyse data. The complex problems will include how the organisation can use cashflow forecasting, budget control, what if scenarios, sales forecasting, payroll projections, statistical analysis and trend analysis. Cashflow Forecasting Cashflow forecasting is where business estimate how the money of the business will be spent and how much money the business will make. A cashflow forecast is usually yearly based however they can be used weekly or monthly. They can be used to know if a business is going to have a bad month and may need to take out a loan to cover any additional costs. They can also be used to see if a business is going to have extra money and they might plan to improve the business or organisation. Inter City Sports would add used spreadsheets to add up what they know they will have to pay. For example, monthly they have to pay their lease payments, insurance, utilities and more, Inter City Sports would add up all of these monthly expenses and if they were doing a yearly cashflow forecast they would times them all by 12 and add them up. Then this would be what the business definitely has to pay...
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...Ways of Saving Money In our world everything revolves around money. Whether that means total amount of money you have or assets you own, money is main factor that decides what you can and cannot do. For example, people with lots of money can afford to splurge on things like fancy cars or exotic vacations. On the other hand people who are poor are often struggling to put the next meal on the table to provide for their families basic needs. It is often assumed that people who own nice things and go on vacations can do so simply because of the career they have of the family they were born into. This is not always the case, in fact the key to some people’s money woes can lie with the fact they do not have any money saving strategies. Three key ways to save money are: budgeting, investing, and saving. First off, an easy way to save money is with a budget system. You can set up a budget very easily by tracking how much you spend on a weekly, monthly, or yearly basis, then deciding on whether the things you are spending your money on are worth it or not. For example, if someone is spending $500 per month on fast food restaurants, that is something that may need to be removed or drastically reduced from their budget. When you have a budget it is easier to see exactly where all your money is going, and also makes it easier to set aside money for the future. Next, another way to save money is by investing. Once someone knows how much money they have and how much they can...
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...Will money bring true happiness? Or rather, will people be the same person they were before adding money to their life? I believe that true happiness is the friendships that people make in life and the family that they spend their time with, because whether they are poor or rich, it hardly makes any difference if they have no one to spend time with doing things. Also, the happiest people in the world are some of the simplest people, and they are familiar with what makes them happy. The general argument made by Eduardo Porter’s essay “What Happiness Is”, is that “citizens of much the world – expand large amounts of time and energy pursuing more money and a bigger GDP because they think it will improve their well-being” (461). He cites...
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...world where the money has become a real issue, the one thing that you should do is to transform your thinking about money. One of the most common phrases that you may have heard from your parents or close family members is; money is the solution to everything or money is the root cause of all the problems. This argument actually depends on the side of the equation where you grew up which you can get by examining your "money blueprint". If you grew up in a family where your father and mother and all the money in the worlds, such that you had everything material that you would ever wish for but because of the money, your parent broke up because one of them spent a lot of money on other women and beer, then it is likely that you will argue that money is the root cause of all problems. If on the other hand you grew up in the side of money equation where getting a few bucks to buy your daily food was a problem, then the likelihood is that your argument will be money is the solution to all problems. The basic point in all this is that our perception about money is mainly influenced by what our parents tell us about money and how we perceive the life of those people that have the money and those that do not have. People with money think that people that do not have money are poor because they are lazy and always expecting people with money to help them. They think that it is the poor people’s fault that they are poor. On the other hand, those that do not have money view the people...
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...dollar” and that is why they aren’t socially responsible. What would you say to them to get those individuals to consider changing their views on this? I would say the reason why we say we have to stretch a dollar is because we are living from paycheck to pay check and when you don’t have the money then it is hard to try to pay bills and be responsible. I also find it to be a big challenge when it is just you by yourself and no one is helping you pay your bills then you have to make every dollar count see people really don’t understand when you are living from check to check and when something might have to be turned off until you can be able to afford to pay for it. I always find myself wondering how am I going to pay my bills and when I look up I have money but then when I don’t have no money I goes to getting discourage cause I don’t know where I am going to get the money from and then I am struggling to pay my bills cause I just don’t have any help to pay them so I feel this is the reason why we say we are living from dollar to dollar due to when you are the only one in your house that is working it makes it hard on you and then you have no way to show proof how you are going to make it cause you don’t have any...
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...This world we live in operates with money, without accounting, money isn’t used properly. Everyone who wants to live successfully, needs accounting. Accounting is the process of keeping financial accounts. Unless someone wants to keep their life savings in their home where it could be stolen or destroyed, your money can be managed through accounting; and if you don’t want to do it, get an accountant. I believe accounting is the most convenient way to keep track of your money. It can help you figure out how much money you’re spending, how much your making, how much you need to make, and how to make it at a certain time. You can have an accountant or even be an accountant. Businesses need accountants to make sure they are getting revenue; businesses hire for different accounting jobs such as plant controllers and accounting managers. Businesses like Atlas, Six flags, Cedar Point, and Grain Systems Inc. (GSI) hire a team of accountants because it is a lot to handle in accounting and they don’t want anyone making mistakes and misreading important information. Accountants can be the most important job in a business, without an accountant, the business won’t know if they have gone bankrupt or not. Many people need accountants because they don’t have time to sit and look at net income, expenses, cash flow, etc. You can be an accountant for Auditors, CIA agents, FBI agents, and Tax Lawyers. These type of people make a lot money, spend a lot of money, and have very little time to look...
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...concepts, and strategic planning. Our team gathered information to learn how to project the effect of credit markets on the economy, and the effect of global economic conditions regarding trade and specialized business decisions. We discussed the influence of growth on the economy and how important it is for a country to sustain growth. We learned about the basics of currency trading with the exchange rate and the two basic types. The spot exchange rate where the current rate is at the moment, and the forward exchange rate projected for a specific time in the future, for instance 30, 90, or 120 days from now. This is beneficial to know when comparing the exchange of currency one to another. The exchange rate of one currency cannot go too high or too low from other currency as it will affect import and export trade value too drastically. Our team learned there are basic macroeconomic relationships to consider in economics. The Income-Consumption and Income-Saving relationships show income that is disposable in a household and income saved. The economy depends on the flow of income consumption spent, and income saving are non-income determinants, which also consists of wealth and borrowing money. Interest-Rate-Investments relationships show the marginal benefit for the rate of return or profit and the cost of the interest rates, which is profit for borrowing funds. The goal for businesses lending money is for the rate of return to exceed the interest rate. The multiplier effect...
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...In some form or fashion, financial literacy applies to everyone. Financial literacy is the ability to understand how money works in the world; to be knowledgeable about one’s finances. Financial literacy is also about how someone manages to earn or make money. In addition, financial literacy is about how a person manages money, and how they invest it. Financial literacy applies to me in several ways. First and foremost the fact that I chose to attend college is an implication that I have some form of financial literacy. There is evidence that college graduates make more money. So overall, by me attending college reflects that I am financially literate about making money. Going to college is a financial benefit and make me more employable....
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