This document discusses descriptive statistics concepts like sorting, ranking, percentiles, and comparisons using GDP data. It explains how sorting data makes it easy to find things like the richest and poorest countries. Percentiles allow comparisons across groups by expressing an observation as a percentage. For example, the US GDP percentile was 94.5% in 1980. Grouping can be done based on percentiles, like the top 10% of countries. However, comparisons are always subjective since the group, benchmark, and criteria can be manipulated.
Analysis about GDP and Economic Growth in Iran and other countries.
Iran economic growth estimation in 2016-2017
references : IMF and World Bank data + Iran Central Bank
Analysis about GDP and Economic Growth in Iran and other countries.
Iran economic growth estimation in 2016-2017
references : IMF and World Bank data + Iran Central Bank
FellowBuddy.com is a platform which has been setup with a simple vision, keeping in mind the dynamic requirements of students.
Our Vision & Mission - Simplifying Students Life
Our Belief - “The great breakthrough in your life comes when you realize it, that you can learn anything you need to learn; to accomplish any goal that you have set for yourself. This means there are no limits on what you can be, have or do.”
Like Us - https://www.facebook.com/FellowBuddycom-446240585585480
Managing Director Brian Sheley discusses opportunities and risks associated with footwear sourcing in Cambodia and Indonesia with members of the Footwear Distributors and Retailers of America. (December 10, 2013)
An Overview on the N10 Countries by Dragon SourcingJohn William
Dragon Sourcing brings to you an overview on the N10 countries that includes South Korea, Indonesia, Mexico, Turkey, Philippines, Vietnam, Bangladesh, Egypt, Pakistan, and Nigeria. Find details at: https://www.dragonsourcing.com
The GGV Capital Digital Economy Index looks at the IRR of publicly-traded ecommerce companies that are shaping economic performance in consumer industries ranging from ecommerce, fintech, education technology, food technology, wellness and health tech, and more.
Nils Flaatten's Presentation at Cap40 Business WednesdayCap40
Nils Flaatten, CEO of Wesgro, the Western Cape Government's Trade and Industry Promotion Agency, gave a very insightful presentation at Cap40 Business Wednesday on the 2nd of July.
Access comprehensive data and analysis on trade and investment in the Western Cape, South Africa and the rest of the world.
Here at Results we cover all aspects of technology with a particular focus on enterprise software / SaaS, software-related IT services, and tech enabled services. However we like to turn our attention to a number of specific sectors at the end of every quarter to consider the trends and analyse the activity in the M&A, fundraising and public markets.
We have produced our view on the previous quarter’s proceedings in a series of individual market reviews on; SaaS, HealthTech, Cybersecurity and AdTech & MarTech.
The global economic slowdown and financial market volatility has had an impact on public markets for SaaS, HealthTech, Cybersecurity, Adtech & MarTech with our Results indices all dropping from the previous quarter. Nevertheless the indices for SaaS and Cybersecurity for the year remain up, both outperforming the broader Nasdaq Composite Index.
The private markets in AdTech & MarTech and HealthTech have seen a record number of M&A transactions over the past quarter while fundraising appetite and valuation remain healthy across all four market sectors.
Companies displaying strong top-line growth with quality clients and an innovative products, within each of their sectors, continue to outperform their peers on the public markets.
We hope you enjoy the document, and please do get in touch if you would like to discuss any of the themes with us. We look forward to speaking with you soon.
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Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
FellowBuddy.com is a platform which has been setup with a simple vision, keeping in mind the dynamic requirements of students.
Our Vision & Mission - Simplifying Students Life
Our Belief - “The great breakthrough in your life comes when you realize it, that you can learn anything you need to learn; to accomplish any goal that you have set for yourself. This means there are no limits on what you can be, have or do.”
Like Us - https://www.facebook.com/FellowBuddycom-446240585585480
Managing Director Brian Sheley discusses opportunities and risks associated with footwear sourcing in Cambodia and Indonesia with members of the Footwear Distributors and Retailers of America. (December 10, 2013)
An Overview on the N10 Countries by Dragon SourcingJohn William
Dragon Sourcing brings to you an overview on the N10 countries that includes South Korea, Indonesia, Mexico, Turkey, Philippines, Vietnam, Bangladesh, Egypt, Pakistan, and Nigeria. Find details at: https://www.dragonsourcing.com
The GGV Capital Digital Economy Index looks at the IRR of publicly-traded ecommerce companies that are shaping economic performance in consumer industries ranging from ecommerce, fintech, education technology, food technology, wellness and health tech, and more.
Nils Flaatten's Presentation at Cap40 Business WednesdayCap40
Nils Flaatten, CEO of Wesgro, the Western Cape Government's Trade and Industry Promotion Agency, gave a very insightful presentation at Cap40 Business Wednesday on the 2nd of July.
Access comprehensive data and analysis on trade and investment in the Western Cape, South Africa and the rest of the world.
Here at Results we cover all aspects of technology with a particular focus on enterprise software / SaaS, software-related IT services, and tech enabled services. However we like to turn our attention to a number of specific sectors at the end of every quarter to consider the trends and analyse the activity in the M&A, fundraising and public markets.
We have produced our view on the previous quarter’s proceedings in a series of individual market reviews on; SaaS, HealthTech, Cybersecurity and AdTech & MarTech.
The global economic slowdown and financial market volatility has had an impact on public markets for SaaS, HealthTech, Cybersecurity, Adtech & MarTech with our Results indices all dropping from the previous quarter. Nevertheless the indices for SaaS and Cybersecurity for the year remain up, both outperforming the broader Nasdaq Composite Index.
The private markets in AdTech & MarTech and HealthTech have seen a record number of M&A transactions over the past quarter while fundraising appetite and valuation remain healthy across all four market sectors.
Companies displaying strong top-line growth with quality clients and an innovative products, within each of their sectors, continue to outperform their peers on the public markets.
We hope you enjoy the document, and please do get in touch if you would like to discuss any of the themes with us. We look forward to speaking with you soon.
How to Build a Module in Odoo 17 Using the Scaffold MethodCeline George
Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
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In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
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For more detailed information on delivering micro-credentials in TVET, visit this https://tvettrainer.com/delivering-micro-credentials-in-tvet/
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
2. Intro to Stats forIntro to Stats for
MuslimsMuslims
Unit 02: DescriptiveUnit 02: Descriptive
StatisticsStatistics
Lecture 2:Lecture 2:
Comparisons:Comparisons:
Sorting, Ranking, PercentilesSorting, Ranking, Percentiles
3. Comparisons: Always SubjectiveComparisons: Always Subjective
Sheikh Saadi: Story of boy who did not get newSheikh Saadi: Story of boy who did not get new
shoes for Eid.shoes for Eid.
What is the benchmark for comparisons?What is the benchmark for comparisons?
What is the criterion for comparisons?What is the criterion for comparisons?
Why are comparisons being made?Why are comparisons being made?
4. Numbers are clues to realityNumbers are clues to reality
Every fact about numbers provides someEvery fact about numbers provides some
information about the real world.information about the real world.
We must know the meaning of the numbersWe must know the meaning of the numbers
to understand what information is provided.to understand what information is provided.
Conventional statistics deals with numbersConventional statistics deals with numbers
onlyonly
IS deals with meanings of numbers – theIS deals with meanings of numbers – the
relation to the real world. It is this meaningrelation to the real world. It is this meaning
which allows us to make arguments/rhetoricwhich allows us to make arguments/rhetoric
5. GNP per capita: in PPP constantGNP per capita: in PPP constant
2000$2000$
If all market earnings in PKR wereIf all market earnings in PKR were
converted to USD at PPP exchange rates,converted to USD at PPP exchange rates,
and divided equally, everyone would haveand divided equally, everyone would have
USD 461 in inflation adjusted 2000 dollars.USD 461 in inflation adjusted 2000 dollars.
China was slightly behind Pakistan in 1990 inChina was slightly behind Pakistan in 1990 in
terms of this measure, but forgedterms of this measure, but forged
significantly ahead during the decade.significantly ahead during the decade.
Country GDP 1990 GDP 2000
China 391.65 949.18
Pakistan 461.40 531.00
6. Sorting the DataSorting the Data
Look atLook at
Spreadsheet.Spreadsheet.
UNSORTED data.UNSORTED data.
Rank of Pakistan?Rank of Pakistan?
Richest countries?Richest countries?
Poorest countries?Poorest countries?
After SORTING,After SORTING,
it becomes EASYit becomes EASY
to answer theseto answer these
questions just byquestions just by
looking at the list.
Country 2010
Algeria 2232
Bangladesh 558
Bermuda 63036
Chad 300
China 2427
Congo 106
Cuba 4495
Ethiopia 219
India 804
Indonesia 1145
LDC (UN class) 395
Morocco 1844
Pakistan 665
Saudi Arabia 9499
Spain 15419
Sri Lanka 1309
Turkey 5356
7. Spreadsheet ConceptsSpreadsheet Concepts
Lab Work [not covered in lecture]Lab Work [not covered in lecture]
Search for, find, download WDI Data SetSearch for, find, download WDI Data Set
Learn how to extract relevant information.Learn how to extract relevant information.
Create new spreadsheet with desired info.Create new spreadsheet with desired info.
SORT according to desired criterionSORT according to desired criterion
Lecture covers Use and Meaning.Lecture covers Use and Meaning.
TERMS: Maximum, Minimum, Rank, RangeTERMS: Maximum, Minimum, Rank, Range
8. Country Name 1980 1990 2000 2010
Congo, 779 631 260 316
Liberia 1263 355 344 488
Burundi 604 689 496 524
Niger 941 702 597 650
Cen African Rep 994 853 759 706
Malawi 691 572 670 780
Mozambique 435 396 501 823
United States 25510 31899 39545 42079
U A Emirates 123263 73502 69078 42353
Hong Kong 14118 24019 30290 42581
Brunei 80588 50393 48478 45507
Norway 26205 32362 43975 46906
Singapore 15116 25234 38063 52170
Luxembourg 27622 42707 61091 68679
MIN 435 355 260 316
MAX 123263 73502 69078 68679
RANGE 122828 73146 68818 68362
9. Outliers: Qatar, Kuwait, Brunei,UAEOutliers: Qatar, Kuwait, Brunei,UAE
0
2 0 0 0 0
4 0 0 0 0
6 0 0 0 0
8 0 0 0 0
1 0 0 0 0 0
1 2 0 0 0 0
1 4 0 0 0 0
1 9 7 5 1 9 8 0 1 9 8 5 1 9 9 0 1 9 9 5 2 0 0 0 2 0 0 5 2 0 1 0 2 0 1 5
R a n g e w it h o u t o u t lie r s
11. Comparing across groups
Group Size = N.
PERCENTILE: (N-Rank)/N
Example: 70, 75, 85, 95, 99 N=5
69: 0% 70 71: 20%
74: 20% 75 76: 40%
ALLOWS for comparisons across groups.
HOWEVER, Quiz toughness, Student IQ and
other factors not considered.
15. Grouping according to PercentilesGrouping according to Percentiles
Top 10% countries.Top 10% countries.
Top Quarter = Third QuartileTop Quarter = Third Quartile
Top Half = Above Median.Top Half = Above Median.
Bottom Quarter = First Quartile.Bottom Quarter = First Quartile.
Qualitative labels like: poor, rich, middleQualitative labels like: poor, rich, middle
income are based on these, but subjective.income are based on these, but subjective.
16. Review of Technical TermsReview of Technical Terms
Minimum, Maximum, RangeMinimum, Maximum, Range
Ranks and PercentilesRanks and Percentiles
Median, Quartiles, QuintilesMedian, Quartiles, Quintiles
New Term: Inter-Quartile Range (IQR)New Term: Inter-Quartile Range (IQR)
Exercises will give you practice on use andExercises will give you practice on use and
calculation of these terms.calculation of these terms.
17. RhetoricRhetoric
Sorting and Ranking used for comparions.Sorting and Ranking used for comparions.
Data/facts Objective BUT actuallyData/facts Objective BUT actually
subjective:subjective:
Choose Group (take only African countries)Choose Group (take only African countries)
Choose Benchmark. BETTER than who?Choose Benchmark. BETTER than who?
Choose Criterion. HDI instead of GNPChoose Criterion. HDI instead of GNP
Happiness/Welfare instead of Wealth.Happiness/Welfare instead of Wealth.
Editor's Notes
Intentions:
Emulate Prophet who was asked to seek increase in knowledge.
Know that all knowledge belongs to Allah alone, and we cannot acquire any fragment of it except by his will
We do not seek knowledge for fame or for acquiring wealth, or for winning arguments.
We seek knowledge for self-purification, for recognition of the greatness of God, and for service of the Ummah of the prophet Mohammed SAW.
1: Comparisons are tricky & depend on meanings.
2: Conventional statistics dals with numbers alone, we deal simultaneously with numbers and their meaning.
3: This lecture will deal with some elementary techniques used in making comparison.
Sorting, ranking, percentiles. Using EXCEL.
Conventional Stats is based on separation between numerical facts and real world.
We must deal simultaneously with number facts and their real world interpretation.
To do this, we must know the sources of data, amount of imprecision, real world meaning attached to these numbers and the debates and controversies surrounding these.
Statistical analysis is PROFOUNDLY affected by the real world meaning and we CANNOT separate the technical analysis from the real world meanings.
Numerical Fact: 460>399:
Where the numbers come from, how accurately they are measured, adjustment for prices, currency, purchasing power, population. Size of non-market sectors in the two countries.
Then there is issue of whether GDP accurately reflects prosperity, on which there is huge current debate.
WDI Data Set has 246 Countries/Groupings
Eliminate All countries with missing data (sometimes due to PPP, sometimes War)
Eliminate All GROUPS
Remains: 130 Countries. SORT by 2010 GDP per capita in PPP terms Constant 2005 USD
Table shows Bottom 7 & Top 7, also MAX MIN and Range.
Convergence Hypothesis: If true, then range will shrink to zero.
Top Line: ALL countries in WDI data set. Convergence occurs from 1980 to 1990, after that range remains constant.
Bottom Line: After Eliminating SMALL Oil Producing Countries. Increasing Trend for Range.
PURE Numbers: TOP Line
With Meanings: Bottom Line.
After sorting, ranking is easy. Familiar to students. Countries are ranked from 1 to 130. Because sorted according to 2010, the ranks are in perfect order in 2010.
As we have seen, GDP comparisons require adjusting for population, prices, currencies, and other factors. All these adjustments require arbitrary decision. When learning to make arguments with data, we should know the places where fuzzy elements are introduced into hard facts.
Rank comparisons require adjustment for size of group. Simplest way to adjust is via percentile. Note that this does not adjust for composiition of the group, which remains subject to debate.
As we have seen, GDP comparisons require adjusting for population, prices, currencies, and other factors. All these adjustments require arbitrary decision. When learning to make arguments with data, we should know the places where fuzzy elements are introduced into hard facts.
Rank comparisons require adjustment for size of group. Simplest way to adjust is via percentile. Note that this does not adjust for composiition of the group, which remains subject to debate.
EXCEL Percentilerank assigns 0% to bottom score and 100% to top score. There are 129 steps from top to bottom,so each step adds 1/129.
Last column has every step of size 0.8% which is 1/129. Other columns are not in order.
Poorer countries have mostly slipped in percentile rank. Among the rich countries, we now see that UAE was the TOP country – this was not possible earlier because of the omitted countries in the middle. Singapore has gained a lot in ranking.
Here percentile rank is not so useful because group size remains the same.