February 2012 MB 0042: “Managerial Economics”- (4 credits) (Book ID: B1131) Assignment Set- 1 (60 Marks) ------------------------------------------------- Note: Each Question carries 10 marks. Answer all the questions. Q1. Define Managerial Economics and explain its main characteristics. Q2. State and explain the law of demand. Q3. What is Demand Forecasting? Explain in brief various methods of forecasting demand. Q4. Define the term equilibrium. Explain the changes in market equilibrium
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Samples and Sampling The term "sampling‚" as used in research‚ refers to the process of selecting the individuals who will participate (e.g.‚ be observed or questioned) in a research study. A sample is any part of a population of individuals on whom information is obtained. It may‚ for a variety of reasons‚ be different from the sample originally selected. Samples and Populations The term "population‚" as used in research‚ refers to all the members of a particular group. It is the group of
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Sampling methods[edit] Within any of the types of frame identified above‚ a variety of sampling methods can be employed‚ individually or in combination. Factors commonly influencing the choice between these designs include: Nature and quality of the frame Availability of auxiliary information about units on the frame Accuracy requirements‚ and the need to measure accuracy Whether detailed analysis of the sample is expected Cost/operational concerns Simple random sampling [edit] Main article: Simple
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discussed below: Simple Random Sampling: In this sampling technique‚ each sample of the same size has the same probability of being selected. Such a sample is called a simple random sample. One way to select a simple random sample is by a lottery or drawing. For example‚ if we need to select 5 students from a class of 50‚ we write each of the 50 names on a separate piece of paper. Then‚ we place all 50 names in a hat and mix them thoroughly. Next‚ we draw 1 name randomly from the hat. We repeat this experiment
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SAMPLING DISTRIBUTIONS |6.1 POPULATION AND SAMPLING DISTRIBUTION | |6.1.1 Population Distribution | Suppose there are only five students in an advanced statistics class and the midterm scores of these five students are: 70 78 80 80 95 Let x denote the score
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Sampling Case Studies Case Study 1 on Sampling Sampling Hispanic Adults by Telephone1 Problem: Researchers wanted to determine how aware adult Hispanics in the San Francisco area are of product warning messages and signs concerning cigarettes‚ alcoholic beverages‚ and other consumer products. The researchers needed to contact a sample of them to interview. A Solution: “Respondents were sampled using…random digit dialing. This procedure…avoids the use of directories with their inherent problem
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of this chapter? •€€€€€€€€€How sections constituting this chapter? 3.2 Unit of analysis & sampling strategy •€€€€€€€€€Who was your target sample or respondents and why? •€€€€€€€€€How did you sample or recruit the respondents? Probability versus non-probability sampling? •€€€€€€€€€How many people did you recruit and why? •€€€€€€€€€Refer to journal articles to understand how to decide a sampling strategy. 3.3 Research design •€€€€€€€€€Which research method did you use and why? Qualitative
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age‚ race‚ class‚ gender‚ ethnicity‚ sex and disability is rife amongst the employed and unemployed alike‚ unemployment creates further segregation amongst these already stratified people. This essay will look at unemployment from the functional and conflict theory perspective‚ as well how four main institutions (family‚ education‚ government and health) are affected by unemployment. It will also look at Karl Marx and Emile Durkheim and their contribution to sociology and the theory of functionalism
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Concept of business ethics base on Islamic perspective Can be explained through several sources information: 1. Quran and Hadith Based on the Quran‚ in the surah Al-Baqarah‚ verse:275‚ “…. Allah has permitted bay’(trading) and forbidden riba(usury)…” Regarding on this verse‚ it is obviously‚ explained the concept of business ethics from Islamic perspective; which in Islam‚ the usury totally prohibited. As we know‚ the conventional business ethics are allowing usury in the market system
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3.1 Explain the importance of positive interactions between practitioner and a child. For most children the early years worker is the second most important person after parents‚ who can make real difference to their lives by creating caring atmosphere‚ by being a person who understands their interests and needs‚ whom children can trust and turn for help. Positive interaction in early years is fundamental because it can influence personality development and promote positive relationship. “Children
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