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Uses of population census:
It is used to determine the size and the growth rate of the population at a country.The helps the government in planning for education, transportation, health etc.• It helps authorities to have adequate and relevant data. These data include the size, composition, distribution of population etc.These data aid the planners of the economy to forecast the future needs of the country.
• Data provided by population census help in the allocation of resources to the various regions and states of the country.
• It provides data for demographic studies.
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Deviation - Difference between the expected and actual payoff - Adjusting for the negative numbers - The standard deviation measures square root of average of squa
RATIONAL EXPECTATIONS AND ECONOMIC THEORY : Much of undergraduate macroeconomic theory is discussed on the assumption that, in the short run, the expectations of economic age
Let {(y i ; x i ); 1 ≤ i ≤ n} be an i.i.d sequence of random variables where yi and xi satisfy the linear relationship y i = β 0 + β 1 x i + ∈ i with Cov(x i ; ∈ i ) = 0
Revise business plans to incorporate appropriate changes.
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The act of production involves the transformation of inputs into output. Production is a transformation of physical inputs into physical inputs into physical output. The output is
Q. What do you meant by Hoarding? A situation in that companies, financial investorsor individual consumers choose to hold hoards of cash or other liquid assets, instead of spe
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