Econ 122A Problem Set 6 Name(Print)______________________ Due in class on March 14 UCI ID_____________________________ 1. In class‚ we have talked about the following simple wage equation wage = α + β female + u ‚ where female is a dummy that is equal to 1 if female‚ and 0 otherwise. ˆ ˆ Given the OLS estimates α and β for the above model‚ what are the OLS estimates ˆ ˆ for a model with a male dummy instead of a female dummy
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current issue and full text archive of this journal is available at www.emeraldinsight.com/0263-7472.htm Performance measurement in facilities management: driving innovation? Michael Pitt and Matthew Tucker School of the Built Environment‚ Liverpool John Moores University‚ Liverpool‚ UK Abstract Purpose – This paper aims to examine the state of knowledge of performance measurement in facilities management‚ in particular regarding the concepts underlying benchmarking in relation to its ability to
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Econ 214 Problem Set 4 1. What determines whether a financial asset is included in the M1 money supply? Why are interest-earning checkable deposits included in M1‚ whereas interest-earning savings accounts and Treasury bills are not? A financial assest is included in the M1 money supply when it can be quickly converted into the physical form of money‚ such as dollars and coins. Interested-earning checkable deposits are included because it can be quickly accessible without limitations
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Use of Data Mining in Fraud Detection Focus on ACL Hofstra University Abstract This paper explore how business data mining software are used in fraud detection. In the paper‚ we discuss the fraud‚ fraud types and cost of fraud. In order to reduce the cost of fraud‚ companies can use data mining to detect the fraud. There are two methods: focus on all transaction data and focus on particular risks. There are several data mining software on the market‚ we introduce seven
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Problem Set II Problem P9 17: Jack Hammer FV (Table 1) at 11% discount rate 2.00 x .901 = $1.80 2.20 x .802 = $1.79 2.40 x .731 = $1.75 33.00 x .731 = $24.12 -------- $29.46 Problem P9 - 22: Alternative Present Values: Your rich godfather has offered you a choice of one of the three following alternatives: $10‚000 now; $2‚000 a year for eight years; or $24‚000 at the end of eight years. Solution: (first alternative)
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Formulating a Research Problem The importance of formulating a research problem The formulation of a research problem is the first and most important step of the research process. It is like the identification of a destination before undertaking a journey. In the absence of a destination‚ it is impossible to identify the shortest – or indeed any – route. Similarly‚ in the absence of a clear research problem‚ a clear and economical plan is impossible. The research problem serves as the foundation
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Performance Measurements To ensure that the organizations goals and objectives are achieved‚ organizations are now using performance measurement tools to achieve them. To improve the process of production‚ to evaluate and control it is a good idea to have performance measurements in place. Performance measurements also can be useful in making decisions and judgments. An organization will also be able used to compare the performance of departments‚ teams and‚ individuals. Any measurement systems
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providing frequent feedback and nurturing teamwork ( Bautista and Jackson 3 ). Upon research the results showed that technology‚ employee’s attitude‚ management’s strategic role‚ evaluation system and performance measure used could have impact on the success of performance management. Technology can play an important role in success of performance management. Managers and their staff s will have an enormous amount of data at their fingertips. Technology advances will continue at breakneck speed‚ in
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1 First two lectures about big data. So why this surge? Isn’t about data at all Systems being able to process data Tools exploit and derive valuable nuggets NOT NEW: Walmart Wallstreet decades Why not out? Competition Teradata 20 years‚ contest MR patent Digital exhaust incr Know your Stats‚ gaga tweet sentiment analysis Correlation causation 2 Old: Centralized systems (data came from humans) Sun hardware Oracle software Moore’s law -> data grew. Data exhausts growing larger
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Introduction to Measurement Mass‚ Length‚ and Volume Introduction Much of what we know about the physical world has been obtained from measurements made in the laboratory. Skill is required to design experiments so that careful measurements can be made. Skill is also needed to use lab equipment correctly so that errors can be minimized. At the same time‚ it is important to understand the limitations of scientific measurements. Concepts Measurement Significant figures Accuracy
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