Essays on Prediction

Question 1

1.1 In her taxonomy, Joh (2005) describes private policing as law enforcement activities offered through agencies owned and controlled by private individuals. That said, unlike their public counterparts, private police officers concentrate on property loss, preventive techniques, private justice, and safeguarding personal interests. As such, these entities mainly operate as parallel entities, each focusing on their individual duties in law enforcement. This taxonomy is both useful and an excellent beginning in the categorization of various forms of private policing as explained below. On the one hand, some of the existing classifications include publicly contracted, protective, intelligence, and corporate security ...

“If it has ‘science’ in its name, it ain’t (Minnick).” Those words were said to this writer by the smartest person he ever knew personally, a man with PhDs in Mathematics and Physics, a true scientist. He went on to explain that science, if it is science, can be reduced to mathematics and then can predict. “Science can generate electricity or flatten cities,” he said. The problem, of course, is that whenever one deals with the “soft sciences,” political science or economics (the dismal science) or sociology or history or any of the disciplines that are housed in ...

Investment

Introduction Foreign direct investment (FDI) is the investment by an individual or a company from a different country and in which the particular investor has full control over the business. FDI has many benefits to the investor and the host country (Lyroudi, John, and Athanasios 97). FDI keeps changing from time to time. This paper will analyze the prediction on what FDI will be in 2020.

The overall benefits of FDI are overwhelming and assist in the economic growth of a country or the world. The prediction of future FDI, therefore, becomes important because it affects global economic growth ( ...

Question 1

Neil Borden (1965) is believed to be the first to have used the term ‘marketing mix’ suggested to him by James Cullington’s (1948) description of a business executive as ‘a mixer of ingredient’ (Van Waterschoot & Van den Bulte, 1992). The term, therefore, referred to the selection and mixture of various elements perceived to be useful in the pursuant of particular market responses. To facilitate the practical application of the concept to concrete business operation problems, early researchers working on the model sought to itemize the various influences on a market response that business executives at the time needed ...

QUESTION 1

One can begin to think clearly about these types of events without being "that guy,” and one can have a rational discussion about this. One of the characteristics of Extremistan is that it is more likely to be found in our modern society implying that it is living and not dependent on the old environment like mediocristan. Mediocristan tends to favor the weak by making sure that the total is not determined by a single instance whereas, in Extremistan a person gets the full due of what they are supposed to get. It, therefore, goes without saying that one ...

Introduction

Desirable Daughters is a novel by Bharati Mukherjee that seeks to illustrate the intricate relations that exist between the Indian caste system and the Western experiences of the immigrants in an effort towards reconciling the world views regarding the feminist gap between the two cultures. In a bid to reveal the intricacies of the caste system in India, Mukherjee delves deeper into the nature of three sisters in the novel and the circumstances they find themselves as they try to fit in different societies. From the outset, it is worth noting that the three sisters from Calcutta belong to ...

Planning future activity plays a crucial role in a company as it plans for the future demands of the market. The future planning of the company for the production, finance, marketing, etc., can be done through forecasting technique. The forecasting plan helps the organization to establish the sales performance goals, get real and accurate pictures of sales, estimates the number of raw materials, the workforce of the production. ABC Furniture Company is one such company that likes to predict the sales for their subsequent year based on the customer traffic data (Shim, 2000). However, before proceeding with the sales ...

Introduction

Atherosclerotic cardiovascular disease (CVD) involves peripheral circulation, the brain, and the heart. The disease is a primary health issue in many countries around the world (Sawhney, et al., 2012). CVD develops through complex processes involving novel risk markers and common risk factors. Decades of research have demonstrated that a sibling’s or parent’s family history is linked to the development of atherosclerotic CVD (Gupta et al., 2013; Nelson, 2013; Imes and Lewis, 2014), which manifests as peripheral arterial disorder, stroke, and coronary heart disorder (CHD). Various Mendelian disorders have also been shown to contribute to atherosclerotic CVD. Although ...

Implementing Cost Cutting in the Oil Industry

Abstract In the modern day, organizations across different industries across the globe are implementing new strategies focused towards enhancing the profitability. Cost cutting is one of the major strategies adopted by companies to enhance their profitability. In the oil and gas industry companies have been pursuing different cost cutting strategies aimed at enhancing their profitability an issue that has been of primary concern. Various strategies have been proposed towards enhancing cost cutting strategies and these include automation that facilitate a throughout system, heightened regulatory measures compliance, technical support and solutions as well as maximizing modularity and replicability. These are ...

Introduction

Contemporary business environment makes companies compete in new, creative and more innovative ways, which enable sustainable competitive advantage through intangible assets. While some time ago, radical and breakthrough innovation could guarantee the leading position of the company, the reality of today’s business illustrates the ease of imitability of physical assets and tangible resources. Recognizing the need to differentiate itself through human capital, transition knowledge and unique proposition to the clients, companies more and more focus on flexibility and adaptability to the external market requirements and constantly changing customer expectations. With the above in mind, the investment I technology ...

Research Methodology 3

Findings 9 Limitations of the Study 14 Future Research Direction 15 Conclusion 15 References 17 Research Methodology This part comprises of details regarding the research methodology, the hypothesis and the source of data for the study. The main objective of this study is to substantiate the theories that exist today as well as to introduce latest concepts that can bring transformation to the basic subjects. The research is based on empirical findings.

Research Design

Research Design refers to a structured case study that helps in conducting the research. Research involves the collection of data, its analysis, and outcome. It aims to ...

Psychological testing was developed to examine the cognitive and behavioral aspects of a patient. A variety of tests have been created to evaluate the individual to determine either the diagnosis of the individual or simply to attain an assessment or evaluation of the individual. Each test discussed below can provide advantages to the forensic setting. The validity and reliability of these tests have been extensively evaluated and are discussed. 1. Mental Status Exam The Mental Status Exam (“MSE”) is used to evaluate a patient’s mental functions and behaviors. The MSE was created as a tool for clinical psychologists ...

Describe air quality conditions in the US before steep regulations were imposed.

The United States has experienced the worst air quality conditions during the 1940s and 1950s as an effect of the progressing industrialization and urbanization. Another main reason is that the United States has no national regulation and policy towards hazardous gas emission and air pollution during these periods of time. During the 1940s and 1950s, the United States have experienced deadly photochemical smog on major cities including Los Angeles and Donora(Williams, 2013). In addition, the ozone levels in the lower layers of the atmosphere exceed its limit and become dangerous to people as well as the environment. During ...

Chapter 1: Introduction 3

Chapter 2: Financial Performance and Position of TESCO 6 Chapter 3 Financial Management Policy 14 Chapter 4 Investment Strategy 18 Chapter 5 Valuation of TESCO 22 Chapter 6 Conclusion 26 Abstract The present report provides critical analysis of financial positioning of Tesco Plc. For this, the financial data has been gathered for past five years as well as its competitors to critically assess financial positioning of Tesco in the retail industry. The reports highlight the recent issues of Bretix which has significantly impacted economic conditions of the United Kingdom leading to declining the consumer confidence because of triggering inflation. ...

Response to Question 1

The height in meters above Sea Level at the Point of observation is 960 meters MSL equivalent pressure MSL equivalent pressure also abbreviated as pMSL pMSL = pobs + pgzobs It is important to acknowledge that p is the density of air at the point of observation and g is the acceleration due to gravitational force and z is the height at the point of observation. In this case, p (density of air at the point of observation) = 1.2041 kg/m3; while g (acceleration due to gravity) = 9.81m/s2. The height in meters (z) at the observation point is 196 meters.

Taking these figures into consideration, pMSL will be attained as indicated below;

pMSL = 1.2041 + ( ...

According to the “science” of astrology, a person has particular personality traits based on the month, day, time, and place of their birth. While astrologers may defend this ancient craft of divination as science, does astrology merit inclusion in the world of science, disciplines of knowledge that include astronomy, chemistry, biology, physics and many other fields that entail rigorous observation, experimentation, and prediction? Clearly, astrology is a pseudoscience, and Imre Lakatos explains the rationale for its exclusion as legitimate science better than scientific philosophers, Thomas S. Kuhn, or Sir Karl Popper. In order to clarify the demarcation criteria between ...

Abstract

There are several heart illnesses which cause a large number of deaths from stroke, coronary artery disease, aortic and peripheral illnesses. The treatment of the illnesses requires a huge amount of funds and time. Therefore, there is the need to improvise or innovate new ways to prevent or detect it on earlier. The sophisticated mechanism needs to be put in place to analyze medical data to give signs of the illness through the application of analytic algorithms to provide definite signs. Technology is evolving bringing about significant changes in the medical industry, especially in electronic health records. It has ...

What is the relationship between the predicted outcome and the claim being tested in scientific experiment? An experimented outcome can be compromised in two ways. What are they and how do they differ? The predicted outcome is a common aspect of science with a particular interest in scientific research studies. In science, questions about truth and the claims of certain phenomena are answered through empirical evidence. Nevertheless, there are instances where scientists make educated guesses on a particular test subject. A predicted outcome can be proved right based on measurable evidence in a hypothesis experiment. On the other hand, ...

Executive summary

There is a general trend in US – regardless the dislocation point of its citizens – either heartland or suburban neighborhood, people are vulnerable to gun violence. This violence may be represented in the set of the following forms: gang crime, suicide, or a gun accident. In all cases, all the gun violence acts break the law and that is why, there is a need for development of the appropriate policies and other social-oriented solutions, which have potential of stopping such form of abuse and violence. In accordance with the statistical data, the total number of people, who have died because ...

Abstract

This paper explores several peer-reviewed journals on already documented research about the relationship between the client and the therapist. Clients require a strong bonding relationship with the therapist before undergoing the actual treatment. . Clients must consider creating a strong alliance with their therapists/clinicians. This helps them to be sure and develops confidence in them. They should start the treatment without having any fear about the clinician involved. This creates a friendly atmosphere for them in attaining good therapy services. This work outlines the basic elements of the therapeutic alliance as a human service. It also further explains why these ...

The primary difference between a data warehouse and a database is the that a data warehouse is a repository of data that has been obtained from different sources over time, and that is stored in a unified schema and is typically used for decision support and analysis. On the other hand, a database is a representation of the presented status of particular data that has been stored and is mainly used to handle live quires and online transactions. The similarities between a database and data warehouse are that they are both means of storing large amounts of data. Characterization ...

Community members risk a great risk of getting themselves hurt at the hands of people prone to violence. The relevance of the study is that it highlights what is instrumental in determining the extent to which mentally ill and violent individuals are likely to pose risk to members of communities, be they prison, hospital or standard civilian groups of people. The literature review will include a board concept of community. Samuel (2015) defined the concept of community as applicable to a human group sharing a geographical area. Following this logic, the notion is possible to apply to patients and ...

Business Analytics and Decision Making

Business Analytics and Decision Making

Introduction

Business analysis refers to the process of effecting changes in an organizational operation. This is done through a series of activities that are designed to identify an organizational business needs, and reaching a solution that will bring value to the organization. It includes process development and improvement and as well changes in the organizational culture and management practice. This research paper will explore the relationship between the number of website hits and sales in an attempt to make sales forecast based on the number of hits. The client is involved in the sale of ...

Research Question

The questions about health cannot be answered basing on knowledge and experience only. In other words, physiology, biochemistry and clinical experience are not enough to make conclusions about the factors that cause changes in human body. However, the medical science requires answers to numerous credible questions. The answers are obtained through statistical analysis of the vast datasets with patients’ social and medical characteristics. The larger the dataset, the more reliable are the conclusions. The dataset used for the study is based on 17 variables with 5209 observations. Therefore, the sample data can be approximated to the population data. The ...

Prediction of Maize (Zea Mays L.) Population with Normalized-Difference Vegetative Index (NDVI) and Coefficient of Variation (CV)

Prediction of Maize (Zea Mays L.) Population with Normalized-Difference Vegetative Index (NDVI) and Coefficient of Variation (CV)

Introduction

With the escalation in cost production and environmental concerns, researchers have in the recent past focused in investigating resourceful means of increasing yields while reducing fertilizer use. Arnall & Godsey assert that the seeding rate and hybrids that promise the highest crop populations is continuously sort by corn cost cultivators worldwide (2013). Nielsen et al. notes that the crop populations are tied to the end yields. Corn populations have greatly increased in Indiana over the past thirty years to make about 340 plants ...

Oliner, Adam, and Jon Stearley. “What Supercomputers Say: A Study of Five System Logs.” 37th Annual IEEE/IFIP International Conference on Dependable Systems and Networks (DSN'07), Edinburgh, 25-28 June 2007. Washington, DC: IEEE Computer Society, 2007. 575-584. Print. Computer logs are the issue every system administrator faces in his work. However, they were studied not well enough, while the knowing and proper analysis of logs and their content allowed improving control and prediction of possible system failures. In their paper, Oliner and Jon aim to study and to analyze logs and alerts generated by five of the largest supercomputers, Liberty ( ...

Observation is the act of learning about and investigating a specific area of interest. When we make observations, we notice phenomena that we can readily explain, as well as phenomena that defy explanation. When we observe something that we can’t explain and that we wish to understand, or when we have a theory about the conditional behavior of the system or object we are observing, we are led to ask a question that we can answer by conducting purposeful research. The research question should make the goal and the course of the research clear. It should not be ...

Summary of Thinking, fast, and slow by Daniel Kahneman

George Mason University Summary of Thinking, fast, and slow by Daniel Kahneman Introduction The author, Daniel Kahneman, hopes that the readers would benefit from the reading of his book, which is about biases of intuition. According to the author, it can be a tough choice between what we believe and what we want. Friends and colleagues help us in making and evaluating choices. The thinking process is one conscious thought leading to another. The mental work creates impressions and intuitions silently in our minds. We allow our beliefs, feelings and preferences to feel confident about our decision, even if ...

Is power generative or destructive? Can a man have both love and power at the same time? Since we are talking about characteristics, it is difficult to sum up an answer.. Mahatma Gandhi once said, “Power is of two kinds. One is obtained by the fear of punishment and the other by acts of love. Power based on love is a thousand times more effective and permanent then the one derived from fear of punishment.” (Engebretson) This quote coming from one of the wisest human beings will remind us directly of Macbeth. Macbeth did his best to show the ...

Psychological assessment is essential to analysis client’s strength. The developed strength allows the counseling process to commence and the creation of hope. Therapeutic needs of the customer's concern diagnosis and close examination. According to Snyder, he suggests the use of (CPR) clinical prediction rule where the best medical signs shown by the patient are combined. Further, it aids in the medical prediction on the probability of survival (Flanagan, 2014, p. 329). The hope rule suggests the way John pathways can be defined. By accessing his goals and ambitions, a better counseling perspective can be obtained. Similarly, using the ...

Rational Choice Theory

Rational choice theory forms the basis for understanding and modeling the reasons why people make decisions or perform actions that lead to specific results and for prediction of their decisions and actions under specific circumstances. The roots of rational choice theory lie in political and classical economic theories. Its sociological use is innovative as allows to explain how social interactions influence people’s decisions and shape social order. However, rational choice theory is criticized for several reasons including over-rationalization of human thoughts, modernism, and ignoring of the social determinants. This critic seems well argued, as social behavior does not ...

The Name of Class

The Name of the School The City and States where it is located 1. Analysis of findings

Research Question- Why is it a problem if the earth’s average temperature gets a little warmer?

1.1 Results The average rising temperature can have vast impacts only by slight increase. The vast impact the average temperature can have can be shown with the average temperature in the last ice age, when the average temperatures were only around 5 degrees Celsius lower than today’s average temperatures. From the Figure 1 it is seen that the global average temperature, which combines the surface and ocean temperature have been on the rise and have reached the highest levels in the ...

.GSS 2014 Statistical Analysis: Written up Assignment

Introduction

The GSS 2014 has been established with the view to generate ongoing research data on demographics of the country for social welfare and decision making. The General Social Surveys (GSS) have been conducted by the National Opinion Research Centre (NORC) annually since 1972, except for the years 1979, 1981, and 1992, and biennially beginning in 1994. The GSS surveys are supposed to be part of a social indicator research, applying questionnaire items and wording in order to facilitate time-trend studies. There are a total of 3,842 cases in the data set. ...

The City and State

Executive Summary The present report analyses the data provided as part of the ongoing efforts to arrive at data driven decision making for the coffee roaster and supplier firm –‘Sublime Delights.’ The report takes into account the BADIRTM methodology in order to develop an analysis strategy and derive meaningful and actionable intelligence for the management of the company to take effective decisions. The report starts with a brief introduction of the company, proceeds further with the problem statement and the methodology used. The report then goes on to process and analyze the data as collected from various sources towards ...

I have chosen the following players who were drafted in 2014 NFL draft;

He is an American footballer for the Houston Texas of the Nation Football League. Jadeveon played college football at South Carolina after graduating from South Pointe high school in South Carolina. He set South Carolina school records in 2012 in loss tackles of 23.5 and quarterback sacks of 13.0 as he earned defensive playing ability of the years honor at the southeastern meeting. He is described as one of the rare sports changers on defense (Ducking et al. 681). In 2008, south point had 31 graduates. ...

Hansch Analysis

Hansch analysis is used widely in the field of medicinal chemistry. It is the analysis that investigates the quantitative relationship and correlation between the compound’s biological activities with their physicochemical substituents. The global parameters considered in this method include the electronic, steric, hydrophobic, and other effects that use multiple correlation methodology (IUPAC). Application of the Hansch analysis includes the Quantitative Structure-Activity Relationship (QSAR). This application develops correlations between activity of the ligands and their properties. As a rule of the thumb, the Hansch model “gives information about the number of parameters to be selected for regression analysis in ...

Literature review

In the history of the construction of sea structures in oil exploration, load and corrosion together with how those structures will be maintained have always posed a scientific nightmare. Chamberlain, Adam and other authors in a scientific journal illustrate that for a good design of an onshore structure, there should be a right proportion of the ingredients in order for the structure to give maximum life service. They all agreed that in order to achieve this, keen interest should be paid to the permeability, strength, and durability of the mixture. Finally, they added that for effective control of corrosion, ...

Pratt (2000) acknowledged that science has both strengths and limitations. It follows that the advantages and disadvantages of science would be inherent in curriculum and education system as a whole. It is important to state that science is a product of the learning system, and the two are inseparable. First, the scientific method is the foundation science. Scientific methods help to remove biases in research by making accurate observations using various instruments. Human preferences tend to give wrong data and, therefore, precise observations would ensure accuracy in educational research. The data present in educational theories needs to undergo thorough ...

Credit Risk Management Analysis

Credit risk emanates from the peril of loss of principal or shortfall of a financial reward stemming from a borrower default to repay a loan obligation. The failures to honor a contractual agreement of a loan results of a wholesale credit risk. When a borrower envisages to use future cash flow to pay a current debt credit risk will eventually arise. Then the savers will assume credit risk by way of interest payment from the borrower or issuer of the debt obligation. The wholesale credit risk, therefore, emanates from the defaulters of debt obligation that have been acquired from ...

Executive Summary

Everyone is graving for knowledge of the future especially due to the uncertainty of the markets. People have developed predictive models some using statistical algorithms and big data. Forecasting that is a combination of experts and machines is better than using pure humans or machines. Tetlock and Gardener in the book Superforecasting: The Art and Science of Prediction argued that its time everyone get serious about both (Tetlock & Gardener p.24). Foresight is not an inherited mysterious gift rather it is a product of updating beliefs, gathering information and ways of thinking. It, therefore, means that to accurately forecast one ...

Investigation of Solar cells

Introduction Solar cells, also known as photovoltaic cells, rely on the photoelectric effect to convert the solar radiation into electric energy. Photoelectric effect refers to the tendency of materials to emit electrons when light is shown on them. The electrons dislodged from the surface of an object as a result of light being shown on the surface of such materials are referred to as photoelectrons. Not all materials exhibit the ability to emit electrons when placed along the path of light. Most with the ability to emit electrons are metals. Silicon is a key ingredient of a solar cell. ...

Introduction

East Asia comprises of four countries located on the Eastern end of the Asian Continent. The four countries making up the region are China, Mongolia, Japan and North and South Korea. The geography of East Asia comprises of mountains, plateaus, deserts, and Islands. Other than the physical features, East Asia is characterized by high population densities with China and Japan being some of the most populated countries in the World. These high population densities coupled with the size of arable land has resulted in most East Asian countries having rice as the main cereal crop. The climate and the ...

Introduction

In this paper, we will discuss and describe the application of statistics and probability theory to a real world problem. Our goal is to provide clear and meaningful statistical exploration of the National Football League data for the 2005 season. Starting from the primary issue of this case, we will provide descriptive statistics to explain the given data set. After this, the multiple linear regression will be developed to get the best prediction of the percentage of games won, based on the given variables (factors).

Data

We are given with the data set of 32 observations. Each observation reflects a ...

Modeling Exchange Rates

Oil price dynamics will have a bearing on the ability of multinational to precisely model the future exchange rates of the foreign exchange in the countries that they operate. In most instances, in order to manage the risk that the firm is exposed in the international business arena, especially on the foreign exchange rate, most multinational will hedge against the risks that are associated with fluctuations in the exchange rate thus minimizing the possible negative effect that a firm may experience (Jain, 2007). Therefore, in order to take a position in hedging facilities such as currency futures, the firm ...

Investment Portfolio Management

The company was established in 1997 and its main activity is to provide is a global coverage for streaming movies and TV series. The total subscribers to the services are 75 million people spread over 190 countries. It is the world leading on the side of linear TV networks covering most of the entertainment movies and series. They offer their programming though this is done on-demand via the applications which run on both phones and the smart TVs.

Historical price method

Using the analyst consensus method to predict Netflix stock price 12 months from today we will rely heavily on the methodology. ...

There are a few ways Blades can advantage from using forecasting methods in looking to expand their operations as Blades is an international roller blades manufacturer. Advantages that include a increase in the rate of return of investment in using the correct forecasting money creates baht-designated money inflows and afterward changes over them to U.S. dollars. Anticipating the conversion scale might permit Blades to settle on a forecasting opportunity that is apparently the most advantageous. Moreover, it is said that Blades might set up an auxiliary in Thailand. If this somehow happened to happen, benefits earned by this auxiliary ...

Literature Review

ABSTRACT Communication privacy management model compacts with the degree of exposure of people's personal information and their confidentiality during communications. It concentrates on people relationship management which separates the public information from confidential information about themselves. Communication Privacy Management is a practical model that suggests an appreciation of the way people reach judgments and how often to disclose and when to mask confidential data. The argument assumes that privacy together with the disclosure are entangled in a dialectical pull, and therefore, decisions individuals make are on the complementary level of every individual. Through the use of a metaphorical margin, ...

Effects of Fictional Violence On Aggressive Behavior

Introduction Media violence has been a topic of controversy because many researchers propose that violent media will encourage people to act aggressively and violently as a result of learning that behavior from watching others. Many of the earlier studies focus on short- term effects of watching violent media and measuring the effects by observing the outcome of aggressive behavior. One of the earliest studies to bring up the topic of the influence of viewing aggressive models on aggressive behavior was that of Albert Bandura in the 1960s. According to Bandura’s study, when children were presented with an aggressive ...

The class system is a form of social stratification predicated on the nexus between “ownership and control of resources and the type of work that people do” (Kendall, 2015, p. 225). Karl Marx advanced the class theory through which he posited that the history of the society is predicated on a legacy of struggles among classes. Accordingly, since its primitive inception stage, the society has emerged and evolved with fundamental stratifications (Andersen & Taylor, 2008, p. 216). In pursuit of conflicting class interests, the said classes have never ceased to clash. In the world of capitalism characterized by the pursuit ...

Objective and subjective forecasting

Forecasting is act of predicting the future by use of (time series related) data that are available in order to make objective decisions. According to Fides and Bernard there are two basic types of forecasting models- subjective model and objective model. This paper aims to make comparisons between the subjective forecasting method and the objective forecasting method. Objective models refer to those methods in which there are a specific and well defined procedures of obtaining the forecast. This forecasting method is usually quantitative with alo0t of data involved in completion of the process. At other times the specifications in ...