Sample Calculation of the Lincoln Index: n1= number of individuals initially caught‚ marked and released (in this case 30) n2= total number of individuals caught in the second sample (in this case 126) n3= number of marked individuals in the second sample (in this case 2) Therefore the population of seeds in this case was: Note: All the answers were rounded. Sample Calculation for finding an Average: Use the data of the Lincoln Index Answers. Add together all estimates of each trial for
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What is HDI? The Human Development Index (HDI) is a composite statistic used to rank countries by level of "human development"‚ taken as a synonym of the older terms "standard of living" and/or "quality of life"‚ and distinguishing "very high human development"‚ "high human development"‚ "medium human development"‚ and "low human development" countries. HDI was devised and launched by Pakistani economist Mahbub ul Haq‚ followed by Indian economist Amartya Sen in 1990. The HDI is a comparative measure
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LGT 2106 Principles of Operations Management Lecture 4 Capacity Management & Aggregate Planning Capacity Management • Capacity is the ability to hold‚ receive‚ store or accommodate. • Commonly viewed as the amount of output a system is capable of achieving over a specified period of time. – In a service setting‚ it can be the number of customers that can be handled from noon to 1pm. – In a manufacturing setting‚ it can be the number of automobiles that can be produced in a single shift. Capacity
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What is IIP? The Index of Industrial Production (IIP) conveys the status of production in the industrial sector of an economy in a given period of time‚ in comparison with a fixed reference point in the past. The IIP numbers‚ released every month in India‚ for instance‚ use 1993-94 as the base year for comparison. The IIP figures are generally seen as an important but short-term indicator of whether industrial activity in a country has risen or dipped‚ till more detailed studies or surveys are
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Chapter 13 – Aggregate Planning Operations Management by R. Dan Reid & Nada R. Sanders 4th Edition © Wiley 2010 © Wiley 2010 1 Learning Objectives Explain business planning Explain sales and operations planning Identify different aggregate planning strategies & options for changing demand and/or capacity in aggregate plans Develop aggregate plans‚ calculate associated costs‚ and evaluate the plan in terms of operations‚ marketing‚ finance‚ and human resources Describe differences
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Explain the effects of an increase in aggregate demand. Aggregate demand is a term used by economists to denote the total spending on goods and services produced in an economy. Aggregate demand consists of four elements: consumer spending‚ investment expenditure‚ government spending and the net expenditure on imports and exports. From a Keynesian economist’s perspective‚ they would state that an increase in aggregate demand when the economy is at full employment will be purely inflationary. However
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were at first listed with a total paid-up capital of 37 million rupees. The first index introduced in KSE was based on fifty companies and was called KSE 50 index. Trading used to be carried out on open out-cry system. With the enlargement in number of scheduled companies and trading activities‚ a dire need for a true representative index and computerization of trading activities was felt. As a result KSE 100 Index was introduced on November 1‚ 1991. Computerized trading system called Karachi Automated
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Consumer Price Index The Consumer Price Index (CPI) is a measure of change in prices over a period of time. The CPI is made up of a fixed basket of goods that is used to determine one’s CPI. The basket of goods consists of services and goods like food‚ education‚ transportation‚ apparel‚ housing‚ and beverages. Some examples of these goods are cereal‚ milk‚ cheese‚ prescription drugs‚ jewelry and new vehicles (“Consumer Price Index” 2010). The basket of goods are reviewed every ten years‚ which
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Aggregate Demand and Supply Models ECO/372 07/09/2013 Aggregate Demand and Supply Models As it stands currently the existing effect of the economic factors on aggregate demand and supply are: unemployment‚ consumer income‚ and interest rates. In this paper we identify the existing effect of the economic factors on aggregate demand and supply. The American people have little to no income when unemployed‚ this in turn causes a decrease in demand for the economy. This type
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A Summary of the Index of Dissimilarity The index of dissimilarity is a measurement of segregation between two racial groups in a neighborhood compared to the city as a whole. Specifically‚ this measurement determines the evenness‚ or the consistency of a complete‚ integrated spread of two racial groups across a specified area in a city. The formula for calculating the index of dissimilarity is as follows: index of dissimilarity= 1/2 ∑_(i=1)^N▒|x_i/X- y_i/Y| Here‚ “x_i” represents the number of
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