Correlation and Regression Analysis : Comparison between Gold rates and Sensex Correlation : Correlation is a statistical technique that can show whether and how strongly pairs of variables are related. Correlation is computed into what is known as the correlation coefficient‚ which ranges between -1 and +1. Perfect positive correlation (a correlation co-efficient of +1) implies that as one security moves‚ either up or down‚ the other security will move in lockstep‚ in the same direction
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Successful mining ventures boosted the economy‚ but once the natural resources had been depleted‚ the thriving economy often accompanied gold seekers to their next destination. Immigrants who ventured to America for a chance at a better life often found themselves suffering a rude awakening upon arrival in California. The ebb and flow of the economy during the earlier gold rushes in the South‚ primarily Georgia and California‚ was largely dependent upon the population‚ the availability of resources‚
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The gold standard has been used by society since the earliest days of civilization. Our nation has used both the gold standard‚ as well as the fiat currency system. Some people feel strongly that we should implement the gold standard back into our economics. However‚ there are pros and cons on both systems. Today‚ the fiat system is used almost internationally‚ and is based completely on faith in the government. Today inflation and economic stability are important topics in day to day American
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The theme of “Nothing Gold Can Stay” by Robert Frost‚ is that good or “gold” things don’t last forever--life is always changing. The poem portrays this by talking about gold things like pretty gold leaves and a pretty gold sunset‚ both things that are temporary. Using words like “flower” and “eden”‚ along with the rhyming and words that just sound good together‚ make it sound beautiful‚ but using words like “subsidies” and “grief” makes it sound sad as well. This mixture of tragic beauty makes
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The external environment of the theme park industry on the Gold Coast plays a significant role in determining if the industry is profitable. According to Hubbard‚ Rice and Beamish (2008)‚ the external environment is the factors outside the organisation that influence strategy and is made up of two environments; the macro-environment and the industry environment. The macro-environment includes the general factors that affect growth of an industry‚ whereas an analysis of the industry environment determines
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The 2018 Commonwealth Games has the potential to be a legacy defining moment for the Gold Coast. For a city with such an infamous reputation‚ gaining credibility and profits are the prime focal point for the Gold Coast. However‚ many argue the Commonwealth Games is not ideal for the city. There is possibilities for substantial environmental damage if the development of the necessary infrastructure is not properly handled‚ in particular the waste and pollution it creates. In addition‚ the detrimental
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The founder of its first majestic gold was James W. Marshall. That was the beginning of optimism and daring change for many Americans. By the 1850’s a large population of 300‚000 newcomers traveled and settled in California. One of those ambius Americans was Chandler‚ he was a well rounded minor who settled and worked very hard to get to the top. Chandler proclaimed many obstacles in a bundle of letters‚ whom he wrote to his wife. Chandler was a typical gold miner‚ with regards women and Indians
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"Gold Diggers" and America in the Thirties "rough" "Gold Diggers" released in the beginning of the great depression‚ one year from the height of unemployment in the United States‚ opens with a show and song "we’re in the money" that is shut down before it even opens when the set is literally repossessed. The heroines then have no work and don’t even want to get out of bed. When they awake Trixie says "let’s see what the neighbors have to offer" as she steals their milk. In this establishing
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True Value of Gold Ever since man was given the gift of emotions; it is said that happiness and joy are necessities for common life. It gives great definition to life‚ because most of the cherished memories that are held dear by most are memories of great bliss and enjoyment. Yes‚ these feelings of merriment are what give us our humanity‚ but like a double-edged sword‚ bliss and happiness do not last forever. This thought is best portrayed through Robert Frost’s poem‚ “Nothing Gold Can Stay.”
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Bullock Gold Mining The payback period for Bullock Gold Mining in the book does not have a required time period. Usually‚ a company has a pre-specified length of time as a benchmark. The decision rule is to invest in projects that pay sooner or have a shorter payback period. We calculated the payback period to be 3.96 years which is less than half of the expected duration of the project. To determine 3.96 we added the Present Value of the Cash Flows until we matched the initial investment
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