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Principles Of Economy And Decision-Making

Principles Of Economy And Decision-Making

Submitted by • August 30, 2013

customwritingtips.com - The four principles applied in decision making within economics were posited by Gregory Makiw to explain the motivations behind decision-making. These principles try to explain the action and process of decision-making and how and why individuals make certain decisions (Mankiw, ...

Economics

Economics

Submitted by • August 26, 2013

customwritingtips.com - a. Economics can be defined as the study of how the scarce resources and good are distributed with a given society (Cliffnotes, 2011). It involves concepts such as; scarcity, choice, opportunity cost and distribution. The term scarce simply means in ...

Supply And Demand

Supply And Demand

Submitted by • July 10, 2013

customwritingtips.com - Demand is defined as the scheduled services per unit and goods that individuals or the consumers are willing and have the capacity to purchase them in a given prices without complains. On the other hand, supply relates to the amount ...

Correlation Coefficient

Correlation Coefficient

Submitted by • May 30, 2013

customwritingtips.com - The correlation coefficient between the student anxiety scores and the number of study hours is 0.89. This shows that there is a positive correlation between the student anxiety scores and the number of study hours.

Factorial ANOVA

Factorial ANOVA

Submitted by • May 22, 2013

customwritingtips.com - Type I error This will occur when one rejects the null hypothesis when it is true; this will mean that they make the conclusion that there is no relationship between gender, job performance and rewards while in real sense there is ...

Complex ANOVA Study

Complex ANOVA Study

Submitted by • May 20, 2013

customwritingtips.com - Three samples selected randomly will be used for this study. The population for study will be grade six students at a Chicago institution. A procedure for selecting the samples will be applied to ensure that the samples are representative of ...

Teaching Mathematics And Science In Philippines

Teaching Mathematics And Science In Philippines

Submitted by • May 16, 2013

customwritingtips.com - Teaching mathematics and science has become a major issue in different countries and regions. The teaching strategies used by teachers and the quality of teachers have affected performance of the students as they are not able to understand the content ...

Measurement And Scaling Concepts

Measurement And Scaling Concepts

Submitted by • May 10, 2013

customwritingtips.com - Finally, the last scale of ordinal measurement would involve educators who strongly support conflict resolution frameworks in community colleges. These examples indicate the five main ranks that would be used in assessing principals’ support for conflict resolution frameworks in community ...

Types Of Variables

Types Of Variables

Submitted by • May 8, 2013

customwritingtips.com - hen carrying out a research, a researcher is supposed to understand everything about variables and be able to talk about them. A variable can be defined as any unit which can have different values which means anything which can differ ...

Analysis 1: Calculating And Interpreting Elasticity

Analysis 1: Calculating And Interpreting Elasticity

Submitted by • May 1, 2013

customwritingtips.com - Part II, a). Income elasticity of demand Income elasticity of demand = percentage change in quantity demanded / percentage change in income = [(2-10)/ (10) ÷ (30,000-20,000)/ (20,000)] = {(-8/10) ×100] ÷ [(10,000/20,000) ×100]} = -80% ÷ 50% = -1.6