The document defines and describes four measurement scales - ratio, interval, ordinal, and nominal scales. It provides examples of variables that fall under each scale and explains their key properties. For instance, it states that ratio scales allow for meaningful comparisons of ratios and distances between values, while ordinal scales only allow for natural ordering but not quantification of distances. The document also discusses different types of data used in empirical analysis, including time series, cross-section, and pooled data.
Exploratory Data Analysis for Biotechnology and Pharmaceutical SciencesParag Shah
This presentation will give perfect understanding of data, data types, level of measurements, exploratory data analysis and more importantly, when to use which type of summary statistics and graphs
This presentation on Introduction to Statistics helps Engineering students to review the fundamental topics of statistics. It is according tl syllabus of Institute of Engineering (IOE) but is similar to that of almost all the engineering colleges.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
Exploratory Data Analysis for Biotechnology and Pharmaceutical SciencesParag Shah
This presentation will give perfect understanding of data, data types, level of measurements, exploratory data analysis and more importantly, when to use which type of summary statistics and graphs
This presentation on Introduction to Statistics helps Engineering students to review the fundamental topics of statistics. It is according tl syllabus of Institute of Engineering (IOE) but is similar to that of almost all the engineering colleges.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
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Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
2. Measurement Scales of Variables
• Ratio scale
• Interval scale
• Ordinal scale
• Nominal scale
3. Ratio Scale
• For a variable X, taking two values, X1 and X2, the ratio
X1/X2 and the distance (X2 − X1) are meaningful
quantities. Also, there is a natural ordering (ascending
or descending) of the values along the scale. Therefore,
comparisons such as X2 ≤ X1 or X2 ≥ X1 are
meaningful. Most economic variables belong to this
category. Thus, it is meaningful to ask how big this
year’s GDP is compared with the previous year’s GDP.
Personal income, measured in dollars, is a ratio
variable; someone earning $100,000 is making twice as
much as another person earning $50,000 (before taxes
are assessed, of course!)
4. Interval Scale
• An interval scale variable satisfies the last two
properties of the ratio scale variable but not the first.
Thus, the distance between two time periods, say
(2000–1995) is meaningful, but not the ratio of two
time periods (2000/1995). At 11:00 a.m. PST on August
11, 2007, Portland, Oregon, reported a temperature of
60 degrees Fahrenheit while Tallahassee, Florida,
reached 90 degrees. Temperature is not measured on a
ratio scale since it does not make sense to claim that
Tallahassee was 50 percent warmer than Portland. This
is mainly due to the fact that the Fahrenheit scale does
not use 0 degrees as a natural base
5. Ordinal Scale
• A variable belongs to this category only if it
satisfies the third property of the ratio scale (i.e.,
natural ordering). Examples are grading systems
(A, B, C grades) or income class (upper, middle,
lower). For these variables the ordering exists but
the distances between the categories cannot be
quantified. Students of economics will recall the
indifference curves between two goods. Each
higher indifference curve indicates a higher level
of utility, but one cannot quantify by how much
one indifference curve is higher than the others.
6. Nominal Scale
• Variables in this category have none of the
features of the ratio scale variables. Variables
such as gender (male, female) and marital
status (married, unmarried, divorced,
separated) simply denote categories.
Question: What is the reason why such
variables cannot be expressed on the ratio,
interval, or ordinal scales?
7. Types of Data
• Three types of data may be available for
empirical analysis: time series, cross-section,
and pooled (i.e., combination of time series
and cross-section) data.
8. Time Series Data
• A time series is a set of observations on the values that a
variable takes at different times. Such data may be
collected at regular time intervals, such as daily (e.g., stock
prices, weather reports), weekly (e.g., money supply
figures), monthly (e.g., the unemployment rate, the
Consumer Price Index [CPI]), quarterly (e.g., GDP), annually
(e.g., government budgets), quinquennially, that is, every 5
years (e.g., the census of manufactures), or decennially,
that is, every 10 years (e.g., the census of population).
Sometime data are available both quarterly as well as
annually, as in the case of the data on GDP and consumer
expenditure. With the advent of high-speed computers,
data can now be collected over an extremely short interval
of time, such as the data on stock prices, which can be
obtained literally continuously (the so-called real-time
quote).
9. Cross-Section Data
• Cross-section data are data on one or more
variables collected at the same point in time,
such as the census of population conducted
by the Census Bureau every 10 years, the
household surveys conducted by NSSO.
10. Pooled Data
• In pooled, or combined, data are elements of
both time series and cross-section data.
11. Panel, Longitudinal, or Micropanel
Data
• This is a special type of pooled data in which
the same cross-sectional unit (say, a family, a
firm or a country) is surveyed over time.
• If all the units have the same number of
observations, we have what is called a
balanced panel. If the number of observations
is not the same for each company, it is called
an unbalanced panel