critical values: 1% level -3.990935 5% level -3.425841 10% level -3.136094 *MacKinnon (1996) one-sided p-values. Augmented Dickey-Fuller Test Equation Dependent Variable: D(TX_SA) Method: Least Squares Date: 12/05/13 Time: 23:58 Sample (adjusted): 1990M03 2013M08 Included observations: 282 after adjustments Variable Coefficient Std. Error t-Statistic Prob. TX_SA(-1)
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FORECASTING IN QUANTITATIVE ANALYSIS I am highly honoured to give a presentation on forecasting. You are all welcome. Every organisation’s success depends on how well it is able to forecast. We will look at the meaning of forecast‚ the steps‚ qualitative and quantitative forecasting and finally the benefits. The Meaning Of Forecasting Forecasting is a process of predicting or estimating the future based on past and present data. Forecasting provides information about the potential future events
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Qualitative Forecasting Approaches Qualitative forecasting methods are based primarily on human judgement. Quantitative forecasting methods are based primarily on the mathematical modelling of historical data. Here we provide a brief overview of the most important qualitative forecasting approaches. In many environments the time horizon is closely linked to the type of forecasting method used. Longer term and higher level forecasting will often require qualitative forecasting techniques. Such techniques
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belief in people. This caused him to become very radical in his actions (Justification for the Use of Terror (p. 1)). Hundreds of people were condemned to prison while others were executed‚ because they didn’t agree with his beliefs. Were Maximilien Robespierre’s efforts in the Reign of Terror justified‚ or were they entirely terroristic? In his speech Robespierre talks about moving the revolution forward (Justification for the Use of Terror (p. 1-2)). Maximilien believed he was helping the country
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servants into slavery. There were five major methods in justifying slavery. One of these methods was a biblical justification‚ referring to the story of an curse falling upon the son of Ham‚ on of Noah’s children. This story supports the ideal that servants were made to obey their masters. Another justification for servants from a historical term was that slavery existed in all great civilizations and built their nations. The legal justification for slavery was in the U.S. Constitution’s refusal
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WEATHER ANALYSIS & FORECASTING ** Weather Analysis: process of collecting‚ compiling‚ analyzing and transmitting the observational data of atmospheric conditions *this data & analysis is then used to forecast future weather conditions * Types of data: * Each weather station‚ 10‚000 around the world‚ collects the same data at the same time‚ at least 4 times per day(0000‚ 0600‚1200‚ 1800 GMT) * Most US stations also collect data continuously or at least every hour
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Forecasting: The McDonald ’s Way McDonald’s is a well-known worldwide franchise and has been around since the 1950s. Serving customers for over 50 years successfully entails a strong inventory and operations management system. “McDonald ’s is the world ’s #1 fast-food company by sales‚ with more than 33‚500 restaurants serving burgers and fries in 119 countries” (University of Phoenix [UOP]‚ 2012‚ p. 2). To maintain and continue a successful franchise operation‚ quality food items‚ and highly successful
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Republic of Vardar Revenue forecasts: Expected Tax Collections PAD 505 June 8‚ 2012 Abstract At independence in November 1991‚ the Republic of Vardar (named after the Vardar River Valley) was the least developed of the Yugoslav republics. Although the poorest of the six former Yugoslav republics‚ the country nevertheless can sustain itself in food and energy needs using its own agricultural and coal resources. From 1998 to 2000 real GDP growth averaged a little
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Justification of Scheme of Work A scheme of work is the overall programme of study. It may last for example‚ one week‚ ten weeks‚ or two years. It is merely a breakdown of the whole programme into smaller chunks based on your frequency of your meetings with learners. (Wilson Practical Teaching 2008 p68) The selection and sequencing of topics reflect on the 6218 curriculum set by the awarding body‚ the curriculum is a Basic Construction Skills course built around various practical tasks for which
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HLA Hart wrote that any justification of punishment must at least justify the existence of a general system of punishment‚ the punishment of specific persons‚ and the specific type (and amount) of punishment to be imposed in a given scenario (Duff). With respect to the first component‚ which he called the “general justifying aim” of the system of punishment (Duff)‚ there are several purposes for instituting a penal system; the most common of which are general deterrence‚ specific deterrence‚ incarceration/incapacitation
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