Qingjing Xu Econ 1320 Instructor McDermott 01/14/2012 The Gold Standard The gold standard‚ a monetary system‚ directly links a currency’s value to that of gold. For the country that on the gold standard‚ if they want to increase the amount of money‚ they have to expand its gold reserves as a condition. Because the supply for global gold grows only slowly‚ it becomes an effective way to prevent the government overspending and create inflation.
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BS 3551:1962 BRITISH STANDARD Incorporating amendment issued August 1963 (PD 4964) Specification for Alloy steel shackles --`‚‚``‚‚````````‚‚‚``‚‚‚`‚``‚``-`-`‚‚`‚‚`‚`‚‚`--- [UDC 621.885.7:669.15] Copyright British Standards Institution Provided by IHS under license with BSI - Uncontrolled Copy No reproduction or networking permitted without license from IHS Licensee=BP International/5928366101 Not for Resale‚ 06/04/2010 04:58:11 MDT BS 3551:1962 Co-operating organizations
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------------------------------------------------- IEEE Standards Association The Institute of Electrical and Electronics Engineers Standards Association (IEEE-SA) is an organization within IEEE that develops global standards in a broad range of industries‚ including: power and energy‚ biomedical and health care‚ information technology‚ telecommunication‚ transportation‚ nanotechnology‚ information assurance‚ and many more. IEEE-SA has developed standards for over a century‚ through a program that offers
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STANDARD OIL COMPANY Standard Oil Company Imperialism John D. was one of the world’s biggest monopolists. He began the Standard Oil Company in 1870 in Ohio. It began as an Ohio partnership formed by the well-known industrialist John D. Rockefeller‚ his brother William Rockefeller‚ Henry Flagler‚ chemist Samuel Andrews‚ silent partner Stephen V. Harkness‚ and Oliver Burr Jennings. John D. Rockefeller dominated the oil industry‚ for he was the single most important figure in shaping the new industry
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Standard Model There are two types of building blocks to everything in the universe: fermions and bosons. Fermions are units of mass. Fermions are the building blocks which make stuff. Bosons are units of force. Bosons are the mechanisms of interaction and exchange. There are four different types of forces in the Standard Model: electromagnetic force‚ the strong force‚ the weak force and gravity. The electromagnetic force explains electricity‚ magnetism‚ and other electromagnetic waves including
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Philippine Currency and Philippine Monetary Standards Source: Financial System‚ Market & Management- the basics- Laman‚ Rose Marie et al.‚ 2008 Nature of the Monetary Standard • A country is said to have established a monetary standard or system when it sets down rules to govern the creation of money and control the quantity in circulation whether the rules are strictly followed or are to be accepted simply as guidelines for its own money managers • Standard money is the monetary unit recognized by
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of 1.012 inches and a standard deviation of 0.018 inch. The customer will buy only those pins with lengths in the interval 1.00 ( 0.02 inch‚ that is‚ between 0.98 inches to 1.02 inches. The probability of a pin having a length between 0.98 and 1.02 is 0.6339. Therefore‚ we can say that 63.39% of the pins produced will be acceptable to the customers. This is a very low acceptance level. In order to improve the percentage accepted‚ either the mean or the standard deviation needs to be adjusted.
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school by students is miles‚ and the standard deviation of the distance commuted is miles. The empirical rule states that Figure 1 • approximately of the measurements in a bell-shaped distribution lie within standard deviation of the mean; • approximately of the measurements in a bell-shaped distribution lie within standard deviations of the mean; • approximately of the measurements in a bell-shaped distribution lie within standard deviations of the mean. • • We are asked to
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used to calculate: =NORMDIST(5.5‚1.88‚1.99‚True) X= 5.5 Mean= 1.88 Standard Deviation=1.19 b) 32 to 35 weeks = 43.83% The NORMDIST formula was used to calculate: =NORMDIST (5.5‚5.73‚1.48‚True) X= 5.5 Mean= 5.73 Standard Deviation=1.48 c) 37 to 39 weeks = 4.66% The NORMDIST formula was used to calculate: =NORMDIST(5.5‚7.33‚1.09‚ True) X= 5.5 Mean= 7.33 Standard Deviation=1.09 d) 42 weeks and over = 2.75% The NORMDIST formula was used
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Assignment (32 points due by 11 pm October 14th) 1) The file ‘FastFood’ contains the amount that a sample of nine customers spent for lunch (in $) at a fast food restaurant. a) Compute the mean and the median. b) Compute the variance‚ standard deviation‚ range‚ and co-efficient of variation. c) Are the data skewed? If so‚ how? 2) The file ‘ChocolateChip’ contains the cost (in cents) per 1 ounce serving‚ for a sample of 13 chocolate chip cookies. a) Compute the first quartile‚ the third
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