Growth in India –An Empirical Analysis Prasanna V Salian1‚ Gopakumar. K2 Abstract This paper seeks to examine the relationship between inflation and GDP growth in India. An empirical evidence is obtained from the cointegration and error correction models using annual data collected from the Reserve Bank of India. The result shows that there is a long-run negative relationship between inflation and GDP growth rate in India. Inflation is harmful rather than helpful to growth. These results have important
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WEEK FOUR DQ1 Explain the importance of random sampling. What problems/limitations could prevent a truly random sampling and how can they be prevented? Probability sampling‚ also known as random sampling‚ requires that every member of the study population have an equal opportunity to be chosen as a study subject. For each member of the population to have an equal opportunity to be chosen‚ the sampling method must select members randomly. Probability sampling allows every facet of the study population
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Subject Areas Use of Statistics 1. World of Sports • Enter results from the different tournaments around the world • Research projects to improve the quality of the game and keep the fans interested • provide analysis on players and team strategy‚ as well as tackle larger research projects • statistical t tools include basic regression analysis‚ logistic regression‚ Monte Carlo simulation‚ classification‚ and hierarchical regression 2. Education • Statistics provides simple yet instant information
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In society‚ we may correlate education with success‚ which may be demonstrated through examples such as employment opportunities and an overall improved quality of life. However‚ for those who do not earn an education‚ there lies an increased risk of criminal involvement. Consequently‚ those that neglect to accomplish an education may fail among society standards and possibly face incarceration. A brief prepared for the Justice Policy Institute (JPI) reveals there is a substantial reduction in the
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Examine the relationship between deviance and labelling. The relationship between deviance and labelling is partly based on the view of the stereotypical criminal. This stereotype suggests a white‚ working class‚ male as a deviant‚ making them a ‘suspect’ before they’ve even committed a deviant act. However‚ whether an act is labelled as deviant depends on who commits the act‚ where and when it’s committed‚ and how it is interpreted – and the label the individual is given as a result. Functionalists
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Everywhere you go‚ everything you see‚ statistics is all around. I for one‚ did not realize how important and relevant statistics was in our everyday lives until taking this course. Everything is run by statistics; the kind of coffee available in Dunkin’ Donuts‚ the flavors of ice cream at Dairy Queen‚ and even the clothes we buy in stores. Statistics evaluates what works in our growing and complex society nowadays. All of these selections would not be available to us without the statistical
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B U R E A U O F C R I M E S T A T I S T I C S A N D R E S E A R C H CRIME AND JUSTICE Bulletin Contemporary Issues in Crime and Justice NSW Bureau of Crime Statistics and Research Number 54 February 2001 What Causes Crime? Don Weatherburn It is difficult to find a succinct‚ broad and non-technical discussion of the causes of crime. This bulletin provides a brief overview‚ in simple terms‚ of what we know about those causes. After presenting some basic facts about crime
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Descriptive essay is a genre of essay which is used to describe a certain subject: a person‚ a thing‚ a place‚ a memory‚ experience‚ situation... A good descriptive essay should make the readers feel like they are present in the scene. As other essays‚ a descriptive essay usually has three parts: introduction‚ body paragraphs and conclusion. In the first part: introduction‚ the writer must have a sentence to introduce the subject with many kinds of techniques. Besides‚ there should be some more
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Lecture Notes: Statistics A note on basic statistics Statistics is the practice or science of collecting and analyzing numerical data in large quantities. So there are two parts1. Collection of Data 2. Analysis of Data- understanding what the data says. Steps in Statistics To carry out any statistical operation‚ the following steps need to be followed‚ in the given order: 1. 2. 3. 4. 5. 6. Sampling Estimation Hypothesis Generation Testing Regression Prediction Collection of Data: Sampling
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While Statistics can also be misused in many ways such as using not representative samples‚ small sample size‚ ambiguous averages and dispersions‚ detached facts‚ implied connections‚ wrong and misleading graphs‚ wrong use of statistical techniques‚ serious violation of assumption behind the statistical techniques and faculty surveys‚ we should also realize that Statistical literacy is not a skill that is widely accepted as necessary in education. Therefore a lot of misuse of statistics
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