Carlo Simulation Risk analysis is part of every decision we make. We are constantly faced with uncertainty‚ ambiguity‚ and variability. And even though we have unprecedented access to information‚ we can’t accurately predict the future. Monte Carlo simulation (also known as the Monte Carlo Method) lets you see all the possible outcomes of your decisions and assess the impact of risk‚ allowing for better decision making under uncertainty What is Monte Carlo simulation? Monte Carlo simulation is a
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describe the advantages and disadvantages of using an external and internal evaluator in an evaluation. The author will propose an internal evaluator for a functional literacy program. The structure of the essay will start by defining programme evaluation and the background of evaluation‚ and then give advantages and disadvantages of using external or internal evaluator in an evaluation. This essay will then propose one evaluator for a functional literacy program and give reasons for choosing such an evaluator
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CHAPTER II REVIEW OF RELATED LITERATURE AND STUDY Foreign and Local Literature Foreign Literature According to Trip Adler‚ enrollment is the process of entering and verifying data of students to register on a particular school. Different interrelated processes build up enrollment procedures called Enrollment System (ES). ES are used particularly in recording and retrieving student information. Tracking student information is also one feature of ES‚ in which the school can trace the
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COMPARE AND CONTRAST THE QUALITATIVE AND QUANTITATIVE RESEARCH METHODS The quantitative and qualitative research traditions can be thought of as distinct cultures marked by different values‚ beliefs‚ and norms. Qualitative research methods are complex meaningful analyses characterized by processes and meanings that are not measured in terms of mathematical measurements. Quantitative research however‚ relies and builds on mathematical procedures and methods‚ such as frequency‚ quality‚ amount and
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(2014) define a qualitative research interview as “a scientific research process based on verbal communication aimed at gathering information in relation to a specific aim”. Qualitative research interviews allow for the collection of data on an individual’s thoughts‚ perceptions‚ feelings‚ sensations and attitudes on their disease and its treatment (Brédart et al.‚ 2014). Although the topic in the qualitative interview is controlled by the interviewer and the questions
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The bar chart illustrates the unemployment rate in Germany compared to the unemployment rate in Ireland. The y-axis shows the rate of unemployment which is defined by the number of unemployed persons as a percentage of the labor force. On the x-axis you can read the year. In 2000‚ 8 per cent of the German workforce was unemployed‚ which was twice as high as Ireland. Unemployment in Germany declined slightly in 2001. However‚ after this the unemployment rate rose steadily over the next four years
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The Qualitative Paradigm The design of a research study begins with the selection of a topic and a paradigm. A paradigm is essentially a worldview‚ a whole framework of beliefs‚ values and methods within which research takes place. It is this world view within which researchers work. According to Cresswell (1994) "A qualitative study is defined as an inquiry process of understanding a social or human problem‚ based on building a complex‚ holistic picture‚ formed with words‚ reporting detailed
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EXAMINATION SCHEDULING SYSTEM IN THE PANPACIFIC UNIVERSITY NORTH PHILIPPINES Background of the Study According to the registrar’s the current system of Pan Pacific University North Philippines is not effective in times of posting examination schedule. Some students and teachers are not satisfied about the system that they are using. There are some issues that we need to correct in terms of the time of the examinations period. The examination scheduling system purposed is to facilitate the
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Dealing with Data: Using NVivo in the Qualitative Data Analysis Process The decision to use computer software programs for qualitative data analysis is essentially up to the person analyzing the data. There are positives and negatives when using these software programs to analyze data. A researcher in London wanted to find out if using the software package NVivo would be helpful in her data analysis process. The purpose of the study was to consider the difficulties surrounding interrogation
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Market Structure Simulation Quasar Computers When industries are selling similar products this makes up market structure. I will be discussing economic profit that Quasar computer is able to make. The market structure is made of the following pure monopoly‚ pure competition‚ monopolistic competition‚ and oligopoly. In the simulation I learn about pricing and non pricing strategies and understanding the diverse market structure. Quasar put out a new first all-optical notebook that is called
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