1. The chief economist for Argus Corporation‚ a large appliance manufacturer‚ estimated the firm’s short-run cost function for vacuum cleaners using an average variable cost function of the form. AVC= a + bQ+ cQ^2 (the 2 is suppose to be exponent) Where AVC=dollars per vacuum cleaner and Q=number of vacuum cleaners produced each month. Total fixed cost each month is $180‚000. The following results were obtained: Dependent Variable:AVC R-Square
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SMS CUSAT Reading Material on Data Mining Anas AP & Alex Titty John • What is Data? Data is a collection of facts and information or unprocessed information. Example: Student names‚ Addresses‚ Phone Numbers etc. • What is a Database? A structured set of data held in a computer which is accessible in various ways. Example: Electronic Address Book‚ Phone Book. • What is a Data Warehouse? The electronic storage of large amount of data by business. Concept originated in
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DATA COLLECTION Business Statistics Math 122a DLSU-D Source: Elementary Statistics (Reyes‚ Saren) Methods of Data Collection 1. 2. 3. 4. 5. DIRECT or INTERVIEW METHOD INDIRECT or QUESTIONNAIRE METHOD REGISTRATION METHOD OBSERVATION METHOD EXPERIMENT METHOD DIRECT or INTERVIEW Use at least two (2) persons – an INTERVIEWER & an INTERVIEWEE/S – exchanging information. Gives us precise & consistent information because clarifications can be made. Questions not fully understood by the respondent
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Name: Hafsah Class: Lower 6 Subject: Business studies Sources of Finance * Why do businesses need finance? * Types of finance * Internal sources of finance * External sources of finance * Factors to be considered when choosing sources of finance Sources of finance Finance: Finance is the study of how investors allocate their assets over time under conditions of certainty and uncertainty. A key point in finance‚ which affects decisions‚ is the time value of money
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Secondary Data WHAT IS SECONDARY DATA REVIEW AND ANALYSIS? Secondary data analysis can be literally defined as second-hand analysis. It is the analysis of data or information that was either gathered by someone else (e.g.‚ researchers‚ institutions‚ other NGOs‚ etc.) or for some other purpose than the one currently being considered‚ or often a combination of the two (Cnossen 1997). If secondary research and data analysis is undertaken with care and diligence‚ it can provide a cost-effective
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Cost reduction Generally defined as the act of cutting costs to improve profitability. Cost reduction‚ should therefore‚ not be confused with cost saving and cost control. Cost saving could be a temporary affair and may be at the cost of quality. Cost reduction implies the retention of essential characteristics and quality of the product and thus it must be confined to permanent and genuine savings in the costs of manufacture‚ administration‚ distribution and selling‚ brought about by elimination
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Big data describes innovative methods and technologies to capture‚ distribute‚ manage and analyze larger-sized data sets with high rate and diverse structures that conventional data management methods are unable to handle. Digital data is now everywhere—in every sector public or private‚ economy‚ organization and customer of digital technology. There are many ways that big data can be used to create value across sectors of the global economy. It has demonstrated the capacity to improve predictions
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Sources of finance Some sources of finance are short term and must be paid back within a year. Other sources of finance are long term and can be paid back over many years. Internal sources of finance are funds found inside the business. For example‚ profits can be kept back to finance expansion. Alternatively the business can sell assets that are no longer really needed to free up cash. External sources of finance are found outside the business. For example from creditors or banks. Internal
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Web Source Evaluation What is your expository essay topic? My expository writing essay is on Healthy Eating and Dieting. Provide the URL of the Website? http://www.amazinghealth.org/ Provide the name of the website? Amazing Health Primary use: Other: I read the articles for tips on: healthy eating and recipes. What is the purpose or goal of this Web site? The goal of the website is to help people discover how they can live longer and live life to the fullest! To help people
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Alternative Energy projects. Restricting carbon emissions will not damage the economy. Reducing carbon emissions across the globe will not only help the earth’s climate by limiting global warming but also increase the cost for businesses. Aaron Ezroj believes “it will create many business opportunities in the financial sector‚ low carbon technologies‚ carbon capture-and-storage projects‚ advanced technology vehicles‚ and legal and nonlegal consulting.” A national policy
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