Research Methods Coursework Example | Topics and Well Written Essays - 1500 words

Research Methods - Coursework Example Since the alternative is of non-equality, the rejection zones will be in both ends of the distribution. Therefore the test will be two tailed. The p-value is 0.01070 using a significance level of 0.05 The alternative hypothesis is that the true coefficient is positive. So the rejection zone is on the right tail of the distribution and thus the test is right tailed. The computed t-value is 2.598522> 1.682 = the critical one sided 5% t value. Therefore, we reject the null hypothesis at 5% level of significance. Therefore, the test provides evidence of the fact that secondary enrollment has a significant positive impact on the growth of GDP. H0:?7=0 H1:?7>0 using a significance level of 0.1 Similar to the test conducted above, the alternative hypothesis is that the coefficient is positive. Therefore, the test will be right tailed once more. The computed t-value =1.50471< 2.418 = the critical 1% t-value. So, we fail to reject the null hypothesis at the 1% level. This implies there is no evidence of private credit ratio having any observable impact on the dependent variable, growth of GDP. Evidently a contradiction arises between the conclusions obtained in (i) and (ii). In (i), the test fails to reject the null hypothesis that all the coefficients are jointly zero. But in (ii), the null hypothesis that the coefficient on the 1990 percapita GDP is zero is rejected. So, (ii) accepts the hypothesis (null in (ii), alternative in (i)) that is rejected by (i). To reconcile between these contradictions, it should be noted that tests of joint significance may fail to reject the null of joint insignificance if majority of the explanatory variables included are found to be insignificant. Usually, such cases arise if the basic assumptions of OLS are violated. Certainly if the presence of outliers skews the distribution of errors, such contradictions should be anticipated. 3. Primary recommendation for the finance minister on the basis of results From the results of the OLS mo del in part 1, we find that the coefficient on secondary enrolment as well as private credit ratio is positive. The coefficient for secondary enrolment is 0.254 and that for private credit ratio is 0.212. Thus, these are quite close to one another although that for private credit ratio is slightly lower. But critically, it should be noted that only the coefficient of secondary enrolment is statistically significant. So, only secondary enrolment among our variables of interest seems to have any effect on growth of GDP. There is no evidence that private credit has any impact on growth GDP. Thus my recommendation will be to invest the entire sum of $2 Billion on the policy measures that will increase the country’s rate of enrolment in secondary education. 4. Diagnostics This section will evaluate the validity of the standard assumptions of

Selfies Research Paper Example | Topics and Well Written Essays - 1500 words

Selfies - Research Paper Example Selfies are described as being photographs that are taken by individuals of their own persons with the typical aid of webcams or smartphones and then subsequently uploaded to the various social media websites. The increasing popularity of selfies and photography is highlighted by the fact that according to phys.org (2013), the internet search provider Yahoo recently estimated that in 2014, an estimated over 880 billion photographs will be taken. According to this estimate, there will be about 123 photos taken throughout the year for every child, man and woman on earth with the larger part of these photographs being selfies. A survey conducted in Britain for Samsung found that 10 percent of women and 17 percent of men were recorded as stating that they greatly enjoyed what they believed to be good-looking photographs of themselves. Part of the allure of selfies is based on the fact that taking a selfie is considered to be a ridiculously easy affair. This is in contrast to the photo taking affairs of yesteryears where taking photos was considered to be a serious and careful affair. During this era of film cameras, it was not worth it to waste an expensive roll of film on attempting to take self-portraits that had a high likelihood of not being well focused (Adewunmi 2013). The raging popularity of selfies on social media led to the development of Instagram in October 2010. Instagram is a social media website that is dedicated to facilitating the sharing of both pictures and videos. Instagram users are able to take pictures which they then easily upload and share with their friends on the site. Hoping to ride on the ever rising popularity of the selfies phenomenon, the social media site Facebook bought Instagram for approximately $1 billion in combined stock and cash, this is after Instagram had only been operational for only about three years. The increasing number of users

The effect of dividend policy (announcement) on share prices Essay

The effect of dividend policy (announcement) on share prices - Essay Example However, to what extent announcement of dividend policy can influence share prices are required some empirical testing. This paper attempts to examine whether announcement of companies’ dividend policy can significantly influence share prices in UK stock market. For the purpose of this study observations on dividend policy announcements of a group of FTSE 100 firms have been taken into account for a period of 2000-2009 and an event study has been conducted to test the level of significance of the effect of dividend announcements on the selected firms’ share prices. On the basis of the findings, the study has come to a conclusion that in UK, the event of announcement on dividend policy has potential to significantly affect share prices. To obtain desired level of outcome, it is very necessary to apply appropriate method while conducting a research. The reliability and validity of the research outcomes also to a large extent depend on the method that the research has followed. After choosing a particular subject, the must vital thing is to build an appropriate research design which will be followed throughout the whole research process. Research method varies with the type, aims and objectives of the research. Before deciding on any particular research method, it is necessary to evaluate the pros and cons of this method on the basis of research outcomes of the past studies. Research techniques are basically of two types – quantitative and qualitative. However, in some studies researchers also combine these two processes to form a ‘mixed-method’ approach. Qualitative research technique is used when the researcher’s inquiry is based on the participant’s opinion about a particular situation. In that method, the researcher wants to gather subjective data, therefore his personal knowledge and research methodology influences the research to some

Camayd freixas interpreting ICE Assignment Example | Topics and Well Written Essays - 500 words

Camayd freixas interpreting ICE - Assignment Example Although the office of the clerk at the U.S. District Court had already contracted interpreters almost one month ago, they could not talk about it, since they were not at liberty to do so with the fear of compromising the impending raid. This investigation was reportedly led by ICE from the executive branch with the help of U.S. District Court from the judicial branch. The court had moved to a remote location for two weeks which formed part of their continuity of operation exercise just in case there was no disruption from any emergency such as flood or tornado. In the process of interpretations during the first day, we had sluggish beginning due to the malfunctioning of the barcode booking system of the Immigration and Customs Enforcement. This meant that we had to sort out the documents manually and the office of the U.S. Attorney assisted us in processing the documents. Because of this, few, less than a third, detainees could be arraigned on Tuesday. We made rotations in shift due to the many numbers of interpreters available that day. Although the court adjourned after 4pm, there was an overnight prosecution work that planned on a 7am to midnight court during the next day. I found out more facts about the Agriprocessors such as the factual statistics of arrest and number of employees. However, the more I found out, I felt blind sighted in an assignment that I never needed any part. Although I mastered the whole rationale of the secrecy involved, I understood clearly that the interpreter of the contract is the one with the right to decline a job that have conflicts with his intuitional morals. I had however been deprived of this opportunity. I was already in anyway and at some point I considered withdrawing seriously from the assignment as a federally certified interpreter for the first time in 23 years due to conflict of interest. Nevertheless, I had both the contractual and ethical obligation to have a withdrawal in case of conflict

What is the Major Role of Police in Society Assignment

What is the Major Role of Police in Society - Assignment Example A democratic police force fundamentally enforces the rule of law equally among the members of the society, rather than the rule of those persons in power or with power. Police community relations function as an adjunct or as an alternative to the centralized, bureaucratic model of policing, where neutrality and efficiency are valued (Police and Democracy, 2001, n.p.). Police members are encouraged to view themselves as part of the community and help in solving the problems of the community. Community policing emphasizes the social service and order maintenance role of the police. The underlying assumption of police-community relations is that the police would be more effective in doing its duties by immersing itself in the concerns of the community and if it has the support of and inputs from the community. The justice system in the United States operates under two levels - the federal and state levels. The state justice system basically covers prosecutions of most law violations except those offenses that concern federal government employees, crimes committed across state lines and fraud involving the national government which is covered by the federal justice system. In turn, the justice system is differentiated between the liabilities involved, whether it be criminal or civil. Criminal trials happen when the government prosecutes an individual for violating the rights and security of another individual or the society as a whole. Civil trials involve the settlement of disputes between two parties. In addition to the civilian courts, there is the military justice system which has jurisdiction over offenses committed by military members. There are also a number of Native American or American Indian justice systems which settles disputes between members of various American Indian tribes. The police selection processes have a great impact on police-community relations as the system of recruitment and its purposes will affect how effective the police will be in gaining or maintaining support from the community. Recruitment of members of the police force (or the selection of the police chief for example that takes into consideration the situation of the community) would very much aid in the smooth maintenance of the police-community relationship. For example, if a community is composed mostly of black people, it makes sense to have a police force where its membership reflects the racial make-up of the community. Similarly, recruitment if it has to take consideration of police-community relations, must first look into the recruitment of immediate members of the local community, rather from the outside of the community in question. Â  

Gulf War Oil Spill of 1991 Essay Example | Topics and Well Written Essays - 1500 words

Gulf War Oil Spill of 1991 - Essay Example Whereas various economic costs are comparatively not that difficult to approximate, for instance the lost profits within the commercial fishing industry, however various costs like the lost aesthetic and ecological values are complex to quantify. The policies on oil spills decree that environmental renovation be carried out as reparation for the losses and damages. It is important to consider preliminary data in regard to the potential economic costs of the Gulf War oil spill, observing that the ecological destructions to wildlife and habitats are probably to be greater as compared to the market-based costs like the lost profits of both tourism and fishing. The Gulf War oil spill evokes the thought on economic valuation of risk. A careful though is given to the development o policies amidst oil spill risk and the relevance of standard risk analysis established as the right methodology for economic risk appraisal. This discussion has significant inferences for other disputes where disastrous risk is at issue, for instance nuclear power and global climate change. Economics postulates that the efficient prices for both goods and services ought to reflect all social benefits and costs but not merely the market interaction of demand and supply. Apparently the economic impact of the spill was a negative inclination due to the losses that were incurred in the process. Very many oil spills occur yearly within the marine surroundings. The degree of these spills is comparatively minor, not exceeding 100 gallons, and has insignificant damages to the economy. Larger oil spills such as the Gulf War oil spill of 1991, result in significant destruction to both the environment and economy. The Gulf War oil spill adversely impacted on aquatic plants and organisms, including fish (Saenger, 1994), thus significantly leading to a fall in fish supply and a corresponding decline in revenue. Further, polluted beaches were increasingly unattractive

Rap music often carries important messages Essay

Rap music often carries important messages - Essay Example The song also mentions of suffering of children caught in between wars, high youth mortality, government and media deception and greed. Another popular rap song is "Runaway Love" by Ludacris featuring Mary J. Blige. The song is about the plight of young girls of age 9, 10 and 11. One is defiled by her mother’s prostitution client, the other loses her only friend in a shot out and the last one get pregnant at 11. These girls opt to run away from home which they compare with hell. This song end by giving encouragement to the girls that they are not alone. It exposes the suffering of the girl child from the ghetto through rap. Rap songs often carry important information even though they are highly associated with â€Å"thug† life. The song titled â€Å"Where is the Love† by Black Eyed Peas advocates for love in the society and addresses several socio-economic problems. â€Å"Runaway Love† by Ludacris featuring Mary J. Blige brings out the plight of the girl child living in low income areas. Therefore, rap songs should not be generally judged as upholding criminality since they often carry important