Study On The Average Number Of Employees Index Finance Essay - Free Essay Example

Sample details Pages: 5 Words: 1374 Downloads: 3 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? The goal of this article is to study the direction and the intensity of the relationship between the Average Number of Employees Index and the Gross Domestic Product Index. The study is done by analyzing quarterly data from 2007 until 2009 from Romania and by applying statistical and econometrical methods: the graphical method, the regression function, the correlation ratio, the determinant coefficient and the dispersion analysis. The Trimester Evolution of the Average Number of Employees and the Gross Domestic Product Indexes between 2007 and 2009 The Gross Domestic Product (GDP) is the main measurement indicator of the macroeconomic results of a country and the main economic result aggregate in the National Account System. It expresses the gross value of the final goods and services produced within a certain time period by the home and foreign economic agents within the country. It can be computed by two different methods that lead to the same result, with some statistical differences based on the usage of different sources of data. The production method (the value added method) is based on the aggregation of the final product and goods flows obtained by the economic agents. The final usage method (the expense method) starts from adding the elements in which the final economic assets are used (goods and services) evaluated at the market prices, less the value of the imported goods. Table no. 1 GDP Indexes between 2007 and 2009 (% of the corresponding period from the previous year) Year Trimester I Trimester II Trimester III Trimester IV 2007 106.1 106.0 105.9 106.8 2008 108.5 109.6 109.4 103.1 2009 93.8 91.3 92.9 93.5 Source: Monthly Statistical Bulletin no 1/2010, no. 5/2010 Fig. no. 1 The GDP Indexes Evolution between 2007 and 2009 By analyzing figure no.1 a linear growth trend is observed for the GDP indexes between the first trimester of 2007 and the second trimester of 2008, when it reaches a maximum of 109.6%. This is followed by a drop until the second trimester of 2009 when a minimum value of 91.3% is registered, and a growth trend until the fourth trimester of 2009. Table no.2 Average number of employees between 2006 and 2009 (thousands of persons) Year Trimester I Trimester II Trimester III Trimester IV 2006 4567.9 4602 4613.7 4593.4 2007 4675.1 4730.5 4746.3 4731 2008 4781.4 4825.5 4832.2 4785 2009 4764.9 4656.3 4540.3 4416.7 Source: Monthl y Statistical Bulletin no 1/2007, 1/2008, 1/2009, 1/2010 The data from table no.2 was used to compute the average number of employees indexes with a chain base as compared to the same period from the previous year. The information obtained is presented in the below table. Table no.3 The average number of employees indexes between 2007and 2009 (%) Year Trimester I Trimester II Trimester III Trimester IV 2007 102.3 102.8 102.9 103 2008 102.3 102 101.8 101.1 2009 99.7 96.5 94 92.3 From the below figure, a growth trend can be seen for the number of employees index between the first trimester of 2007 and the fourth trimester of 2009. The maximum is reached at 103% after which a linear decline follows until the fourth trimester of 2009, with a minimum value of 92.3%. Figure no.2 The evolution of the average number of employees index between 2007 and 2009 Don’t waste time! Our writers will create an original "Study On The Average Number Of Employees Index Finance Essay" essay for you Create order The correlation analysis between the average number of employees index and the GDP index The independent variable is the average number of employees index which is defined as X and the dependent variable is the GDP denominated as Y. The data to be used in the econometric study are presented in the table below. Table no.4 The average number of employees index and the GDP index between 2007 and 2009 Period I 2007 II 2007 III 2007 IV 2007 I 2008 II 2008 III 2008 IV 2008 I 2009 II 2009 III 2009 IV 2009 The average number of employees index (%) 102.3 102.8 102.9 103 102.3 102 101.8 101.1 99.7 96.5 94 92.3 GDP index (%) 106.1 106 105.9 106.8 108.5 109.6 109.4 103.1 93.8 91.3 92.9 93.5 By studying the figure no 3, it can initially be seen that the relationship between the two variables is linear. This hypothesis will be demonstrated subsequently through econometric methods. The linear regression equation is: (1) Figure no.3 The graphical represen tation of the relationship between the average number of employees index and the GDP index In order to determine the adjustment model parameters, and b, the below normal equations system will be solved through the Kramer method: (2) By analyzing the data from Table no.4 with Excel, submenu Data Analysis, the blow information was obtained: Table no.5 The index value synthesis The adjustment model parameters Correlation ratio Coefficient of determination Fcomputed Ftheory a -63.00394912 0.857644833 0.735554659 27.814998 0.000360739 b 1.651492787 By analyzing the data from the above table it is seen that the correlation ratio is R=0.857644833 that shows that between the average number of employees index and the GDP index there is a direct, strong intensity relationship. The coefficient of determination R2=0.735554659 points out that the independent variable influences the dependent variable in a percentage of 73.55%, which means tha t the average number of employees index variation influences 73.55% of the GDP index variation.The validity testing of the unifactorial linear regression model will be done by using the dispersion analysis also known as ANOVA method. By analyzing the data in from the table no 6 it is noticed that: The regression variance is . The residual variance is . The total variance is . Table no.6 ANOVA table  df SS MS F Significance F Regression 1 414.2122822 414.212282 27.814998 0.000360739 Residual 10 148.9168845 14.8916884   Total 11 563.1291667    This is a simple relationship as there is only one independent variable: k=1. The number of analyzed pairs is n=12.Therefore we can compute the corrected dispersions: (3) (3) (4) (5) Th next step of econometric analysis is testing the validity of the linear model by applying the Fisher-Snedecor test (F Test). The hypotheses used to verify the validity of the linear model are: H0: the linear model is not valid. H1: the linear model is valid. By using the data from the previous table it can be seen that the computed value of the F test is Fcomputed=27.814998. The theoretical value of the F test is Ftheory=0.000360739, which is smaller than 0.05, therefore the H0 hypothesis is rejected and the H1 hypothesis is accepted, which means that the linear model is valid. The hypotheses for testing the correlation ratio are: H0: R=0 (R is not significantly different from zero, so R is not statistically significant) H1: RÃÆ' ¢Ãƒ ¢Ã¢â€š ¬Ã‚ °Ãƒâ€šÃ‚  0 (R is sign ificantly different from zero, so R is statistically significant). The Fisher-Snedecor test will be applied. The computed test statistic is: (6) . The theoretical value of the F test at the significance level ÃÆ'Ã… ½Ãƒâ€šÃ‚ ±=0.05 is Ftable=4.96. Because FcFtable = the H0 hypothesis is rejected and the H1 hypothesis is accepted. This proves that the correlation ratio is statistically significant. In order to test the regression model variables, the following table will be used. The table was obtained with the Excel program, submenu Data Analysis: Table no.7 The variables value synthesis Coefficients t Stat P-value Lower 95% Upper 95% a= -63.00394910 -2.0095694 0.07222653 -132.8604781 6.852579882 b=1.651492787 5.27399259 0.00036074 0.953775609 2.349209965 The hypotheses for testing the a variable validity are: H0: a=0 (variable a is significantly equal to zero, so a is not statistically significant) H1: a0 (variable a is significantly lower than zero, so a is statistically significant). Because n=12 studied data, n30 we have a small volume sample, and a0, therefore the unilateral left t test will be applied. At a significance level ÃÆ'Ã… ½Ãƒâ€šÃ‚ ±=0.05 , the computed value is tc= -2.0095694 and the theoretical value is t= -0.07222653 which is smaller than -0.05 which means that the H0 hypothesis is rejected and the H1 hypothesis is accepted. This proves that the a variable is statistically significant. The confidence interval is : -132.8604781 a 6.852579882. The hypotheses for testing the b variable are: H0: b=0 (variable b is significantly equal to zero, so b is n ot statistically significant) H1: b0 (variable b is significantly higher than zero, so b is statistically significant). Because n=12 studied data, n30 we have a small volume sample, and b0, therefore the unilateral right t test will be applied. At a significance level ÃÆ'Ã… ½Ãƒâ€šÃ‚ ±=0.05 , the computed value is tc= 5.27399259 and the theoretical value is t= 0.00036074 which is smaller than 0.05 which means that the H0 hypothesis is rejected and the H1 hypothesis is accepted. This proves that the b variable is statistically significant. The confidence interval is : 0.953775609 b 2.349209965. 3. Conclusions Only after following the necessary steps: testing the model validity by using the ANOVA method, testing the significance of the linear regression models variables and establishing the confidence intervals, determining and testing the correlation ratio, the choice and usage of the unifactorial linear regression model is completely proven. By using statisctical and econometrical methods, it was confirmed that there is a very strong linear relationship between the average number of employees index and the GDP index. Therefore, by knowing the value of the average number of employees index at a certain point in time, the GDP index can be predicted.

Propaganda Is A Form Of Communication - 1345 Words

Introduction Often times when people hear the term â€Å"Propaganda† they think of it as a negative communication tool due to its history. What is propaganda exactly? Propaganda is a form of communication, which may or may not be accurate. It is used to spread information and ideas for the improvement or destruction of a cause. It is also a form of persuasion that alters one’s power to form their own emotions, attitudes, opinions, and actions. We have seen and heard propaganda a million times throughout our lives. Mass media has played a significant role as a distributor of propaganda. Particularly in primetime television. Scandal, one of ABC Network’s most controversial programs on air to date, has pushed some of its viewer’s buttons during its winter finale. During its winter finale, which aired on November 19th, 2015, the producers decided to focus on abortion politics. The entire episode was basically a free publicity for Planned Parenthood (PP), which at the time was fighting with Congress over funding. The audience witnessed the former First Lady and current Senator of Virginia, Mellie Grant, perform a filibuster. A filibuster is â€Å"a delaying tactic used in the United States Senate to block a bill, amendment, resolution, or other measure being considered by preventing it from coming to final vote on passage† (Longley, 2016). Her stand was to keep Planned Parenthood funding in the mandatory budget rather than having it being placed in the discretionary budget. In otherShow MoreRelatedEssay on The Forms of Propaganda Used by the State in Nazi Germany973 Words   |  4 PagesThe Forms of Propaganda Used by the State in Nazi Germany One of the purposes of dictatorship was to give the Nazis control of peoples lives. The more control they had, the more easily they could put their aims into effect. 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Understanding the Lord’s Prayer Free Essays

Understanding the Lord’s Prayer â€Å"Our Father in heaven, hallowed be your name. Your kingdom come, your will be done, on earth as it is in heaven. Give us today our daily bread. We will write a custom essay sample on Understanding the Lord’s Prayer or any similar topic only for you Order Now Forgive us our debts, as we also have forgiven our debtors. And lead us not into temptation but deliver us from the evil one† (Matthew 6:9-13). Most people, religious or not, are familiar with this prayer. Some call it a prayer, some call it a chant, and some call it a meaningless set of words. No matter what the opinion is regarding the prayer, breaking it down can be thought provoking and difficult to fully understand. On the surface it is very simple, but below the surface the words have very deep theological implications. According to the New International Version Bible, Jesus said in Matthew 6:9, â€Å"This, then, is how you should pray. † However, a problem arises out of this interpretation. The actual Greek to English translation is â€Å"Make your prayers go like this. † In other words, the prayer is actually a template of how prayers should go (Rhodes). Often, the prayer is mistaken for something that should be recited word for word. It is not wrong to recite the prayer verbatim, however, God did not intend for people to recite the words as a meaningless ritual. Praying using Jesus’ template shows the following way to form prayers: To acknowledge who God is, to pray for his work to be done on earth, to ask for what is needed, to ask for forgiveness, and lastly, to ask for a way to deal with temptation and opposition (Rhodes). The words â€Å"Our Father,† in Matthew 6:9 are two of the most powerful words in the prayer. The definition of the word â€Å"Our† is: â€Å"Belonging to or associated with more than one person† (www. oogle. com). The body of Christ is a group of believers that are brothers and sisters in Christ. The first word â€Å"Our† suggests being a part of this body of Christ (Ruffin). The second word â€Å"Father† is the one whom is being addressed. A prayer should always start by recognizing that the Lord our God is the one being prayed to, but God also wan ts to be approached as a child approaches their loving father (Pastor Mike) because God desires intimacy (AllDeaf. com). God wants to be addressed as â€Å"Father† out of love and humility (Pastor Mike). The child needs to recognize their position as so, and God’s position as Father. â€Å"Hallowed be your name† (Matthew 6:9). This portion is acknowledging God’s worthiness and greatness (Ruffin) because â€Å"Hallowed† literally means: â€Å"To make holy† or â€Å"To demonstrate as holy. † When praying the words â€Å"Hallowed be your name,† it is praising His holy and worthy name. God is not a buddy or friend whom should be carelessly addressed, but neither is He distant (Pastor Mike). This concept is loosely related to why God is addressed as Father. Your kingdom come, your will be done, on earth as it is in heaven† (Matthew 6:10). This section of the template is praying for God’s work on earth (Rhodes). The word’s â€Å"Your kingdom come,† is praying for the Lord’s guidance (Ruffin) on behalf of God’s kingdom (AllDeaf. com) to do everything unto the Lord. â€Å"Your will be done, on earth as it is in heaven,† is declaring that God is really in charge of everything. The word â€Å"Will† means the same as â€Å"Desire,† so praying for God’s will to be done is also praying for all the God desires to be done (Pastor Mike). These words are also asking the Lord to take over so that His children can operate by His answers and not their own because the key words is â€Å"Your will be done,† not â€Å"Our will be done† (Ruffin). â€Å"Give us today our daily bread† (Matthew 6:11). These words are asking for God to provide what is needed in order to sustain spiritual and daily needs (Ruffin). God may not give everything that is wanted, but he gives everything that is truly needed because God cares for His children. This line also points back to when God was leading His people out of Egypt and every morning He gave them enough manna to last through the day. God did not give them more than one day’s worth of manna, however, so that they would continue to rely on Him to provide (Pastor Mike). That is why the prayer is not, â€Å"Give us this week our weekly bread. † The prayer is â€Å"Give us today our daily bread,† so that God is continually relied on to provide. â€Å"And forgive us our debts, as we also have forgiven our debtors† (Matthew 6:12). Forgiveness is surrender (AllDeaf. com); God does not want His children to carry their own weight. That is why He created prayer. God created His children in His image, so as a forgiving God, His children must also be forgiving. In doing so, it shows love to one another and Christ. On the surface, it cannot get more straight forward than asking God to forgive sins, but below the surface something that is not so straight forward is the concept of fairness. Nowhere else in the bible does God talk about fairness. Looking at the verse the words, â€Å"Forgive us our debts,† is not the only thing that is said. It is phrased as a condition. It says, â€Å"Forgive us our debts, as we also have forgiven our debtors. † Meaning God will forgive the sins of His children, if His children forgive each other. And lead us not into temptation, but deliver us from the evil one† (Matthew 6:13). This is the section of the template asking for a way to deal with temptation and opposition (Rhodes). This is asking the Lord to carry away the evil, and anything that represents evil. God wants His children to pray this, so they won’t succumb to the evil temptations of the world. Some people believe as thoug h sin is the cause of the fall, but really sin is just the victim of temptation. Temptation is the true culprit, because that is what leads God’s children into sin. â€Å"Our Father in heaven, hallowed be your name. Your kingdom come, your will be done, on earth as it is in heaven. Give us today our daily bread. Forgive us our debts, as we also have forgiven our debtors. And lead us not into temptation but deliver us from the evil one† (Matthew 6:9-13). Some call it a prayer, some call it a chant, and some call it a meaningless set of words. Most people, religious or not, are familiar with this prayer, but the body of Christ lives and breathes this prayer. Repeat it and it becomes a meaningless ritual (Rhodes), pray the words and it becomes the foundation to the relationship shared with Christ. How to cite Understanding the Lord’s Prayer, Essay examples

Movie Summary Pay it Forward Essay Example For Students

Movie Summary Pay it Forward Essay The Pay it Forward really inspired the kindness for me. It gave me some emotions, love, desperation, hope, anger, fear and happiness. It showed me altruism and generosity and I can see goodness inside people. When I saw Trevor invites a homeless man called Jerry to eat, shower, and sleep at his house, and Jerry talk to Arlene about how that action change Jerry’s mind make me know how the Pay it forward work. I know that some act seems small with us but it can change other person life, we dont need a lot of money or power to change the world. All we need to do is change the lives of a few people and inspire them to do the same. But I don’t think idea P. I. F could really become a global movement, It needs a lot of trust from people who are helped. I think almost people usually think about what they could receive back. In real life, in a scientific study, people usually feel thankful and want to return the favor (PIF is one) most in short time after they are received from other. It is descending by time so it difficult to become a global movement. One thing in real life, people often suspect when they receive a big favor without reward (like reporter in movie). I think almost people usually think about what they could receive back. It really happened in me. I often helped other people even I don’t know or we aren’t close because I think I could get returning a favor, paid back or good relationship or I was in a same conjuncture and I was receive help from other people (maybe wasn’t and at that time I had hoped a person who I know or not help me). After this movie, I got a project about pay it forward. Although it seems a work which I must do, I still tried to think about a big kind act or a help form stranger (me). I had had some ideas to do it like help my teacher clean his room or help a sweeper clean but they failed. It was my first try to do a pay it forward act, like Trevor I was so disappointed. But Trevor was success after that so I also tried to find some other ideas. I add friend with a lot of student in school even I don’t know who they are to. When one of them in their birth day, it appear in my notification. I had an idea is send him a gift with the PIF. I thought I could skip it so I attached a small paper â€Å"happy birthday† and his name on it in to the gift. I put the gift in the ground in front of his door, knocked the door and got out so he didn’t know who give him this gift. I was so excited and happy when I saw he was smiling by the time he opened that gift even though that act is feasible. I saw a thing that when we make people are happy also make we are happy. It inspire to me to do the second Pay it forward act. One time, in Sunday night, I saw my house parent was taking garbage from ground and putting it into plastic bag, garbage was huge and so smelly. Student thrown garbage only in Sunday night, two big bin was full so student put their trash in the ground. Houseparent must clean it. Although we don’t like each other because I had been late to check-in a lot in the past and he often go to my room to makes me clean my room when I doing homework or playing game, but I still went to and said I let me help him. .ufa26b6681f0ec8895a0e30249baaf747 , .ufa26b6681f0ec8895a0e30249baaf747 .postImageUrl , .ufa26b6681f0ec8895a0e30249baaf747 .centered-text-area { min-height: 80px; position: relative; } .ufa26b6681f0ec8895a0e30249baaf747 , .ufa26b6681f0ec8895a0e30249baaf747:hover , .ufa26b6681f0ec8895a0e30249baaf747:visited , .ufa26b6681f0ec8895a0e30249baaf747:active { border:0!important; } .ufa26b6681f0ec8895a0e30249baaf747 .clearfix:after { content: ""; display: table; clear: both; } .ufa26b6681f0ec8895a0e30249baaf747 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ufa26b6681f0ec8895a0e30249baaf747:active , .ufa26b6681f0ec8895a0e30249baaf747:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ufa26b6681f0ec8895a0e30249baaf747 .centered-text-area { width: 100%; position: relative ; } .ufa26b6681f0ec8895a0e30249baaf747 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ufa26b6681f0ec8895a0e30249baaf747 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ufa26b6681f0ec8895a0e30249baaf747 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ufa26b6681f0ec8895a0e30249baaf747:hover .ctaButton { background-color: #34495E!important; } .ufa26b6681f0ec8895a0e30249baaf747 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ufa26b6681f0ec8895a0e30249baaf747 .ufa26b6681f0ec8895a0e30249baaf747-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ufa26b6681f0ec8895a0e30249baaf747:after { content: ""; display: block; clear: both; } READ: Movie Summary - American Sniper EssayWe cleaned the trash together and I sent him the paper. He took a look into me for a second, and said thank you a lot. I felt so high. About 5’C, I went to buy gift and help my houseparent put garbage in to bag, it’s my competence. I went to ask people to let me help is my confidence and connection. I give stranger a gift in his birthday and know how hard to pick garbage in the bag with only one person and I helped him, it’s caring. I tried to do my other PIF act even I failed before, I’m a person of character