Why people hold onto money Essay Example | Topics and Well Written Essays - 2000 words

Why people tolerate onto money - Essay ExampleThe adjusted R squ ard is used to compare the explanatory force play of regression model, which has different numbers of prediction variables. The variable is usually an adjusted version of R squared. The R squared is adjusted subject to the predictor of the mode of concern like econometric models. The adjusted range for R2 for the current model is 0.957985165. This implies that the predictors of the model are reliable. It is denoted byF-test is usually made up of two chi-square variables, which are independent. The variables are divided by the appropriate degrees of freedom. The F-test is characterized by negative F determine and a non-symmetric dissemination of values. Additionally, the mean of the F-test is 1. The major purpose of the F-test is to ascertain whether the variances of two commonwealths are equal. In this regard, the ration is one when the population variances are equal. In the above case, the population variances we re equal because the F significance is 0. F-test applies when the null hypothesis is true. The F-test is denoted byThis is a standardized value, which is obtained from sample data. The t-test is used in conjunction with the F-test to determine the reliability of the null hypothesis. In this regard, the t-test helps a researcher to compare the results of the null hypothesis and the researchers data successfully. The value withal helps in the computation of p-value when the null hypothesis ought to be rejected. The t-test for the above model is 4.788. The t-test indicates that the null hypothesis should be upheld. It is denoted byThe explained sum of squares represents the total sum of squares of deviation from mean value, of various predicted values. In this regard, high values of the sum of squares indicate reliability of the model used for statistical analysis. It is denoted byThe demand for money is establish on the function of money, which include medium of exchange and store of value. This implies that people

Consumer Proection Essay Example | Topics and Well Written Essays - 1000 words

Consumer Proection - Essay ExampleFirst of all, according to the Consumer cite Act, a credit organization is forthwith allowed to come into repossession of the goods bought in credit in type all payments and installments are performed in due time. harmonise to the latest amendments, included into the Consumer Credit Act 2006, all agreements richlyer than 25,000 are now subject to the rule by this act and thus the Act statements can be used in Doves attempt to protect its rights. The case is in fact connected with the fact that the seller has used the shoddy trade descriptions when selling the goods to Duck, and the seller in this case is subject to penalties according to the Trade Descriptions Law 1968.- the article 17, on the basis of which sensationalistic Credit Ltd demanded the payment of the sum of 13,629 in addition to the arrears of installments of 5,043 is not valid, as Dove Ltd didnt initiate the termination of the agreement, and just wanted the changes of the agreem ent on the basis of the dysfunction of the goods (the lorries) he has bought.- the clause 17 may be subjected by Dove Ltd under the statements and regulations of the Unfair get Terms Act as the agreement terms, which break the consumer rights of Dove Ltd and thus demand too high arrears sums and installments in case he decides to terminate the agreement with Chicken Credit Ltd- even in case the actions of Chicken Credit Ltd were partially right, they had to keep to the term of 14 days before repossessing the goods, according to the Consumer Credit Act 2006. As far as the 14 days term has not been followed by the Chicken Credit Ltd after having sent the notice to Dove Ltd, it may address the court in his pick up to recognize the credit companys actions as illegal. The same actions may be performed in congenator to the clause 17 of the credit agreement, though there are some notes, which should be taken into delineate by Dove Ltd. First of all, under

Development of Adult Education Research Paper Example | Topics and Well Written Essays - 1500 words

Development of great(p) Education - Research Paper ExampleDevelopment of Adult EducationHe defined that teaching methodal learning that is reflective in nature was better obtained through meaningful experiments. On the other hand, the teaching psychology theory defines that adult argon psychologically not the same to normal post-adolescent college students. Therefore, it is pertinent that the theories of Erikson, Havighurst, Kolhberg, Gilligan, Magolda and Bronfenbrenner be taken into consideration while dealing with adults. Ultimately, the theory of critical learning has it that sociological analysis of education holds that learning institutions are considered hazardous to the social life of separates. Most of the people who go to teach normally end up oppressed, and this is worsened in the case of an adult amidst teenagers. In this emergence, the adult are uncompromising so that they may bring new changes to the society through a transformational model engineered by Lindeman . The above three theories explained are crucial in the put to work of understanding adult development. Based on pass through theory, adult learners employ both formal and informal system of learning, in which they face serious predicaments. These issues are usually addressed by the CAL model, which is essential in linguistics. It has also been identified that dealing with adults largely depends how they passed the octad psychological stages of development proposed by Erikson (44). According to him, all the stages are crucial since they either impact an individual positively or negatively. The 8 stages range from toddler to late adulthood. Say during the life course of an individual, school age, one underwent an extremely hard time making him or she ingrains a negative attitude in oneself on education. For such a person, it bequeath be hard for him, or her, to successfully undergo adulthood education. This is because the individual depart continue suffering the effects of wha t he or she pass, anytime the word education comes across. This will not be the case for an individual who never had problems during school age he or she will be ready to learn because he has a positive attitude toward education. For adults to learn appropriately, a earlier close affinity should be developed between them and their teachers. Through this, they will be able to consider different experiences that they underwent through their learning process. This will make it easier for the teacher to assist them whenever necessary. Both teachers and learners should understand that, for the process of learning to be successful, a proper balancing between the needs for the learner and that of the learning process should be balanced appropriately. The famous Pedagogy wrote by Freire had it that there should be a mutual relationship between student, teacher and the society. In the light to the above ideology, it was discovered that since the oppression in schools is majorly contribute by teachers, thy also have the power to make schools a better place. With the creation of a conducive atmosphere, many adult and normal students will find it easy to learn, since there will be better co-operation. With beginning to the theory of experimental learning, it has been noted by Fosnot that people get to gain

How would have Robert Moses reacted to the economic development Essay

How would have Robert Moses reacted to the economic development shrill - Essay ExampleGovernance of the city political outline involves a complex set of functions approximately three broad themes democratic accountability, the delivery of public goods and services and the maintenance of civil harmony. (Berg 1) The book by Berg talks about the New York Citys economic development in corking depth. According to Berg the citys political environment depends on the elected leaders and their policies. The policies should burden in the formation of a sound system that provides goods and services to its residents. Lastly, there should be conflict focusing in the economy to maintain law and order all these form the pillars for a political system of a city. Reading this book and comparing the thoughts of the writer with the greatest builder of the New York City gives us an interesting analysis. Robert Moses was responsible for most of the public activities in the New York City in his era. Moses built bridges, expressways, parkways, and admit schemes and expanded the major universities. In his opinion infrastructure was very important for the development of the city and he worked a great deal for the economic development of the New York City by development its infrastructure. He would have reacted to the manufacturing decline by building more cost effective plants rather than take this as a changing economic scenario.

Issues of Freedom and Power Essay Example | Topics and Well Written Essays - 1250 words

Issues of liberty and Power - Essay ExampleEconomic freedom- Knights of get the pictureKnights of labor, a major labor union during the 1860 seize a significant role in the evolution of economic rights in the unify States. The formation of Knights of labor was the first efforts in the national labor organization because it was among the first labor unions to rally its members behind a goal. Nonetheless, the Knights of labor were a secret union characterized with less political pressure on its members. Uriah Stevens was the founder of the Knights of boil, with umpteen of his followers being Irish immigrant who were mainly Catholics. As a labor union, the Knights of labors enrolled members in various states to single for improved rights of workers. Formed at a time when the United States repressed freedom of expression, the Knights of effort worked in secrecy often recruiting its members using oaths and rituals.The main thrust of Knights of labor was to advocate for better econ omic reforms in their industries. At a time, when most of the immigrant received little pay and poor working conditions, the Knight of restriction became the ultimate vehicle to push for meaningful economic reforms. While the Knights of Labor avoided using industrial action, nigh of its members in states like Chicago were ready to strike. In 1886, about 80,000 people marched through Chicago reinforcement an eight-hour work shift. The long working hours were one of the main reasons that prompted the demonstration by members of Knight of Labor. This ignited confrontations surrounded by the Knights of Labor and the police who wanted to maintain law and order. In a hearty perspective, the Knight of Labor represented a growing awareness of rights among the workers. For instance, the call for an eight-hour work shift displayed a growing concern in social welfare among the workers.ii Most important, the meeting and demonstration among the workers guild indicated that rising level of social empowerment among the workers. Largely, the Knight of Labor has achieved many social gains because of its transformation from a secret labor to expressing its evoke in various cities. Knight of Labor also championed for an end to child labor, a phenomenon that had characterized the American Labor environment. The political manifestation of 1960 would be incomplete without mention Knight of labor. Within the Knight Labor, there were some groups with interest to take control of the union. After leading a series of strikes, the government sentenced Albert Parson to death. This position made Lucy Parson seek ways of saving men that the government had convicted for deaths during strike. After visiting atomic number 63 in 1888, Lucy returned back American expressing new optimism in labor movements as she addressed workers and pressurized the state to spend a penny more projects in order to employ people. Political freedom (Progressivism- muckrakers and reform) The political fre edom in the United States is a product of struggles that defined and helped create meaningful political reforms. With growing interest for political reforms, a group of Journalist joined hands to highlight on the wrongs of government through the literary works, which they promulgated in magazines such as The Saturday Evening post McClure

HR Planning Process Assignment Example | Topics and Well Written Essays - 250 words - 1

HR Planning Process - Assignment Example wizard such method is recognized as the personality test (Hill, 2007). This test is use in disposition to identify whether an appli jakests personality matches the personality that is required for a particular position. For example, a gross sales person is required to have an extrovert personality in order to easily communicate with some other and persuade them to purchase organizations goods and services. Personality test can even be use by organizations in order to identify whether the incumbent suits the culture of the organization. This will support in ensuring the there is no conflict between the employees and the culture of the organization and the organization operates smoothly. Another method for employee selection that can be used is the job sample test (Hill, 2007). In this test, applicants are required to perform a particular job or a particular part of a job. This selection method is used to ensure that the person being hired knows how to work in the position for which he/she has applied. This will help the organization in attaining the objective of decreased expenditure on training and development that an organization may have to spend to prepare an individual to perform that particular

Revenue Recognition and Lucent Technologies, Inc Essay

Revenue Recognition and lambent Technologies, Inc - Essay ExampleIn the case of Lucent Technologies, Inc. (Lucent), the recognition policies proved to be unfortunate in light of the secant action against them.Generally, one of the most reliable methods for revenue recognition is the searing event basis. When a critical event takes place within the operating cycle, such as a final sale, there ar few questions regarding the recognition of the revenue. This more conservative method is justified because the price of the product is then cognise with certainty the exchange has been finalized by delivery of goods, leading to an objective knowledge of the costs incurred which allows the revenue from the exploit to be accurately recorded (Riahi-Belkaoui 45). This results in a faithful representation of the comp whatevers underlying financial assign because it is unbiased and verifiable. In damage of relevance of the information, the familiarity may take the position that, since invest ors use the info to make decisions regarding timely investments, they should be given information that presents the company in the best possible light. This come along can result in more aggressive methods, like the ones used by Lucent, via a dodge of issuing credits to recognize revenue as soon as possible. ... Revenue should be recognise at the final sale. In the case of Lucent, the companys actions demonstrate the worst aspects of ignoring conservative revenue recognition. They chose to use any means necessary to present investors with a positive picture. Lucents management decided that it was more important to acquaint higher levels of income than engage in a faithful representation of true financial condition. The problem for Lucent was that investors were relying on the overstated revenues as a basis for owning the companys shares, and when the true revenue numbers were revealed, the stock doomed over five percent of its value. Managements decision to massage the numbers t oward the higher revenue representation was a poor one. This case demonstrates the down-side of tampering with information to meet sales goals so that investors will be please. It is cold better to use a reliable methodology. Lucents aggressive revenue recognition policies ultimately hurt the company because they were dishonest and biased. When a vendor has an ownership interest in a customer, it is easier to engage in these practices. By using the leverage of customer ownership, Lucent could claim the revenues it originally reported while knowing that renegotiated terms would result in subsequent credits against that revenue. The issue is one of control. Rising to the level of collusion, Lucent could over-ship to its spouse/customers, show the gross revenue on its financials, and then control the final customer cost through credits. The failure to book the impending credits, when management knew that such reporting would temporarily meet the sales targets precisely ultimately r esult in reduced revenues, was

Managing Exchange Rate Risk (SLP) Essay Example | Topics and Well Written Essays - 500 words

Managing Exchange Rate Risk (SLP) - Essay ExampleThe discussion will suffer with the statement that with respect to the proposed questions, taking Euro as the countrys currency and converting $90000 into Euro at the posit rate. The present rate is USD/Euro = 0.7452, which gives Euro 67068 on the ongoing rate. There is a mixed trend of the exchange rate, initially a decreasing trend from Nov30, 2011 to Dec2, 2011 then an increasing trend but still not close to what it was in the beginning of the week. It understandably shows volatility in the judge. When comparing daily values for the cash in ones chips week of declination 2010, a clear decreasing trend is shown. It is reflecting the weakness of dollar value and the need to hedge the guess of losing value. While analyzing the trend in the last week of Dec 2009, it can be observed that at that place is a similar decreasing trend in the rates but an increase on the last day of the year. Hedging of Foreign exchange risk depends on the volatility in the exchange rates value of the currency with which the company is doing business. A company working in Europe has to clearly locate the past trends of the USD/Euro in show to see the significant impact on its investment. After going by means of the trends and the decreasing value of the dollar, the company is very much prone to foreign exchange risk. The company should by all odds hedge its currency to cover itself from negative fluctuations which might impact its financials. When a company operates internationally it is heart-to-heart to fluctuation in the exchange rates and it needs to hedge itself against it. When profit is to be exchanged in the domestic currency of operations, the negative changes in exchange rate impacts the profit. Similarly, when dealing with foreign exchange doing and portfolio, an individual or a company is exposed to foreign exchange risk. In the above case, the trends clearly show that the company operating in Europe needs to he dge its currency in order to minimize the impact of exchange rate fluctuations.

Domestic Violence, alcohol and substance abuse Thesis

Domestic Violence, alcohol and summation poke fun - Thesis ExampleExcessive use of alcohol in men increases the possibility of married woman abuse (Lynetta, 2011). According to researchers, there is a relation between the 2 behaviors and its exact character stay blurred. One research worker states that, alcohol and substance abuse are the most prominent agent that leads to domesticated violence. Many of the theorists found that too much use of alcohol and substance abuse are the main factor in the dynamics of spouse beating (Ncbi.nlm.nih.gov, n.d.).Many statistics records show a relationship between domestic violence, alcohol and substance abuse. According to recent reports of the Journal of American Medical familiarity (JAMA) assailants in more than 90% of the domestic abuse cases used alcohol or substance abuse on the day of the assault (Buddy, 2011). In addition to this, one more study shows this relation among domestic violence, alcohol and substance abuse according to thi s study before assaulting their partners forty-eight to eighty-seven percent of the batterers were downstairs the influence of alcohol, among these crops substance abuse rate is thirteen to twenty percent whereas alcohol rate is sixty to seventy percent (Buddy, 2011).Ncbi.nlm.nih.gov (n.d.).Chapter 1Effects of Domestic Violence on Substance guy Treatment - Substance Abuse Treatment and Domestic Violence - NCBI Bookshelf. online Retrieved from