Ielts Preparation Essay

Onam is one of the greatest festivals of INDIA. It is celebrated with Joy and enthusiasm all over the Country by all communities. It is celebrated in the beginning of September. It is a celebration of 10 days. The Legend of ONAM is, It is celebrated to welcome the King Mahabali, whose spirit is said to visit India at the time on ONAM. The story goes that, the beautiful state of Kerala was once ruled by a Demon King , Mahabali. The king was greatly respected in his kingdom and was considered to be wise, judicious and extreamly generous. It is said that Kerala witnessed its golden era in the reign of King Mahabali. Everybody was happy in his kingdom and there was no discrimination on the basis of caste or class. Rich and poor were equally treated. There was neither crime nor corruption. People did not even lock their doors, as there were no thieves in the kingdom, there was no poverty sorrow during his reign and everybody was Happy. Looking at his fame and growing popularity, Gods became jealousy on him, and send him to an unknown world(nether world), Since Mahabali is o attached to the people of India, before send him to the nether world, the God gave him a boon to visit India once in a Year. During his visit India celebrate as ONAM. During the 10 days festival, The government declared as a Public holidays for School and colleges. During the festival; all the families gather together and celebrate. There are various sports loke Snake Boat rice, Elephant race, tug of war etc are celebrated. People bun w dresses, and it is festival of unity and happiness.

Traveling for Education

AbstractDue to the miserable situations of Lebanese students and their long years of suffering from the bad educating services and due to the absence of responsibility toward university students and the difficulty of finding jobs. The researcher in this paper shows the attention to this problem.TRAVELLING FOR EDUCATIONTraveling For Education It was become a fashion trend that more and more people choose to go abroad to study. Some people think it is great experience while on the country , some others think it is not good at all!Despite of the importance of studying abroad and the presence of scientist that have raised Lebanon's name abroad , there are still oppositions to the views of this idea that prefer to stay in Lebanon despite of all its problems that they suffer from . Students in Lebanon should study outside for many reasons. General atmosphere is not suitable to study in Lebanon on all levels. The lack of raw materials in Lebanon led to the weakness of electricity and this c ase does not fit college student who needs a convenient means for study and research.In addition to the electricity obstacle we  notice the non-existence of laboratories, libraries and research centers, the state does not give an adequate attention to this deficiency, which leads for big effort toward the college student . For example , there is only one public library that opened new in Nabtieh † centre de lecture et d'animation culturelle † beside the red cross and it does not have the media support to be a know place to come to it. In addition to all problems that Lebanese students face we have an initial problem by students that is the lack of comfort in government universities , and when they resortTRAVELLING FOR EDUCATION to private universities that are more comfortable with all they need for studying they will be shocked by the high cost that they can't afford which lead them to depression , and we will not forget the non-support for the best students that gove rnment must appreciate and have a look for them. Going abroad to study means far more than learning. The book† Intercultural journeys from study to residence abroad † ( Jackson , 1954) talk about this issue.This book focuses on the actual experiences of college students who travelled from their homes to foreign lands, the author  explores the linkage between intercultural awareness and sensitivity , language development , and identity reconstruction in young adult college learners. Generally, the first thing you need to do is to survive in a foreign nation. Where to find a place to live? How to deal with transportation? How to cook food? All these are the things you have to think and depend on yourself. Students who study abroad have to take care of themselves, and these questions are used the Lebanese students who don't want to travel abroad.Without parents, you can learn how to arrange their  own issues and do everything by yourself better. This is what we call ind ependent awareness. Studying abroad cultivate your independent awareness and capability of taking care yourself. It is TRAVELLING FOR EDUCATION always a tough time when living in a country that is totally new to you and facing all kinds problems. One you overcome them , you get the ability to live on your own. This is great, when the people of your age still enjoying their lives under the protection of their families, you begin to experience life.We take this factor as the most important advantage as it teaches you the basic ability to live your life. No one but yourself can teach you this! Everyone needs to be enriched with more experience and be more mature. Studying abroad means you set yourself into a circumstance that is totally different to you. You can enjoy a new culture all by yourself: people's thoughts and behaviors and the way people live are the first-hand to you , is not this great ? Cultural differences are more than just differences in language, food, appearances, cu lture and personal habits.A person's reflects very deep perceptions, beliefs, and values that influence his or her way of life and the way that he or she views the world. Students who experience cultural differences personally can come to truly understand where other cultures are coming from. You can greatly increase your adaptability to what we call the † Global Village† in your potential career ( Dixon , 2009 ).Only knowing cultural difference is not enough, studying abroad has a lot more to explore! seeing the beautiful sceneries of a nation, volunteering TRAVELLING FOR EDUCATION  in social work and communicating with local people are all up to you. By studying abroad you know more about the world, no matter academically or physically. Knowing more a and experiencing more help you think rationally and behave maturely. The things above are the most important and valuable advantages we can think of. And of course there are much more that hat we mentioned , learning an d mastering a new manage or having the chance to travel may also be the advantages that attract you. Do not hesitate, going abroad to study do offer you great improvement! TRAVELLING FOR EDUCATION

Cheat Sheet MDM Risk analysis

Decisions based on them are dangerous! A single point only ever tells us what the average of two cases is, never what happens between the two cases! Poor understanding of downside risk poor understanding of upside opportunity 2) Scenario analysis: Define your scenarios; best-worst-base There are a range of results!Check if risk makes a difference 3) Use distributions for the uncertainties to describe key risk drivers Choose distribution based on historical data or expert opinion Distribution is important for the simulation; based on the given distribution, the simulator ill be more/less likely to pick numbers in specific ranges Uniform: same probability of all numbers in a given range Triangle: point within the range is much more likely than the other points Normal: you know the middle point but it could be off by X in either direction 4) Run (at)Risk (Monte-Carlo simulation) Define distributions (step 3) Define output cell fir which to simulate results Things to look out for Mean of objective variable (usually NAP) Compare results with scenario results (atria's will give better indication of the range than the scenarios! Look at full range of outcomes Look at standard deviation and at confidence range Look at downside risk and upside potential. What is % of being above/below specific number? What is breakable probability? What is the distribution like? Perform Monte-Carlo simulation to Evaluate different possible outcomes Determine expected result, range of results, probability of results (e. G. Probability of break-even), downside risk, etc.. Advantages: avoid the Flaw of Averages, understand the risk, test your intuition 5) Sensitivity analysis Purpose Examine sensitivity of results when model parameters are varied Observe change in results due to change in assumptionsIdentify main uncertainty drivers / key risk drivers Methodology What-if analysis (simple changing of numbers to see what happens) One-way & two-way sensitivity analysis Tornado diagrams One-wa y & two-way sensitivity analysis Use one-way sensitivity analysis (data table) to check how changes to a variable effect the output variable. Use Goal Seek to find breakable point of that variable. Use two-way sensitivity analysis (data table) to check for changes in two different variables at the same time Tornado diagram Check for impact of each variable / parameter, sorted in order of magnitude Shows you on which variables you should focus most, where the most important risks lie! Some Excel info points: Simulation settings: EXAMPLE QUESTIONS ON RISK ANALYSIS 1 .In what type of decision context could risk analysis be useful and why may it be dangerous to rely on single point forecasts? What techniques can you use to overcome the problems of such forecasts? How do you decide what technique is most appropriate to use? Every business decision entails risk dangerous! A single point only ever tells us what the average Of two cases is, never what happens between the two cases! Example answer for this part: These numbers are based on the average scenario which is not necessarily representative of the true value (argue why could over- or underestimate). Furthermore, they do not tell us anything about the risk.Technique: scenario analysis or simulation 2. Explain in your own words how Monte Carlo Simulation could be useful to a decision maker Evaluate different possible outcomes Averages, understand the risk, test your intuition 3. Explain how the simulation process works to produce results that are useful to a decision maker Example answer: This is different from the E,250 that Carolina's predecessor estimated because the original estimate was made using only single-value estimates for each of the variables.However, by using a Monte Carlo simulation that allows for a range of possible values (with a triangular distribution to account for the higher likelihood of the values Of 5% and 20% for economy and business, respectively). This means that, based on 1 ,OHO ite rations of possible combinations for each of the variables as per the arranging definition of the potential values for each variable under each iteration, the mean of the cost is E 10,277. 4. A friend of yours has just learned about simulation methods and has asked you to conduct a complicated risk analysis to help her making a choice. She said she would be happy to let you solve the problem and then recommend what action she should take. Explain why she needs to be involved in the analysis and modeling process and what kind of information you need from her.Risk analysis requires information about the characteristics of a particular uncertainty (e. G. Shape of probability striation function, range of likely values etc) 5. A simulation model has produced the following three risk profiles displayed below. What advice would you give to the decision maker on the basis of this output? Choice depends on risk attitude, personal wealth, importance of project success and cost of investment a lternative. Alternative C has the highest associated payoff. However, range of possible payoffs is quite large. The steeper the shape of the probability distribution function, the smaller the range of possible expected payoffs (look at standard deviation of outcomes).Consider 5% confidence interval of most likely payoffs. Alternative A has quite a big confidence interval with relatively flat slope at the edges. Look at intersection of B and C and argue which one is less risky. 6. Your boss has asked you to work up a simulation model to examine the uncertainty regarding the success or failure of five different investment projects. He provides probabilities for the success of each project individually (numbers given). Because the projects are run by people in different segments of their investment market, you both agree that it would be reasonable to believe that, given these probabilities, he outcomes of the projects are independent.He points out, however, that he really is not fully confident in these probabilities and that they could be off by as much as 0. 05 in either direction on any given probability. (a) How can you incorporate this uncertainty about the probabilities in the simulation model? Use normal distributions for each project with Sd= 0. 05 (b) Now suppose he changes probability to include ranges. How can you update your simulation model to take this additional information into account? Update probability distributions – triangle, discrete, uniform, normal Example answer: He should use historical data and his expert judgment to estimate the distribution of inputs. He should apply a normal distribution if the different values are independent of each other.Example for normal distribution argument: However, since the number of high quality applications is the sum of the individual decisions â€Å"whether or not to apply/' of a substantial amount of high caliber young professionals, and since this decision is taken by each potential applicant to a large extend independently of each other, the normal distribution with mean 630 seems reasonable. Moreover, given the potential range of high quality applications is between 51 0 and 750, a standard deviation of 60 seems reasonable; that is, the range of 240 students corresponds to 4 standard deviations. Since the proportion of offers accepted is again the sum of many individual decisions, the normal distribution with mean 58% and standard deviation of 2% might be reasonable. 7. Interpret the following risk analysis result tables ask at: Minimum, expected, maximum, P(loss) = x % (downside risk), P(> X) = Y% (upside potential) 8. Interpret sensitivity analysis Describe how output variable is sensitive to given assumptions/parameters.Describe how output variable minimizes and maximizes with the different scenarios; what is the upside potential and downside risk Example answer: The total cost decreases by El ,800 for each 5% increase in the business class no-show rate from 15% to 20% (at which point it is minimized), but then increases by E,700 per percentage point increase from 20% to 30%. The rate Of increase is consistent regardless of the rate of economy no-show. (could include more insights!!! ) The two-way sensitivity table and the accompanying chart show us that in the lower ranges of the possible no-show rates, the total cost is sensitive to both variables in fairly similar proportion, until the optimum combination (I. E. The minimized cost) is reached at 5% economy and 20% business. After this inflection point, the total cost becomes much more sensitive to changes in the business class no-show rate. 9.Describe, compare and explain the shape of a distribution. Risk profile: probability of making a loss vs. a profit Minimum versus maximum Variance Size of 90% confidence interval around the mean Expected return mean average) Include arguments why distributions might differ with different scenarios 1 0) Make recommendation based on the results. Will us ually be trade-off between high risk for higher return on average and lower risk for lower return on average Include risk profiles, probabilities, maximum and minimum numbers†¦ Example answer: The policy that we have recommended is better than the others, because it has the lowest average total cost.Furthermore, the 95% confidence interval has the narrowest range of possible values, as well as the lowest probability that costs will exceed El 7,000. However, even though our recommended policy is better overall, it is not necessarily going to be the best on each individual flight. However, this doses t matter since the average cost is the single most important criterion when choosing a policy because you have 365 * 4 flights per year. One additional insight you could generate is the simulated cost difference between the current and suggested policies. The new policy is worse than the original policy 6% of the times. 1 1) What can be further done to improve profitability and manag e the risks involved?

The effects of greenhouse gas Essay Example | Topics and Well Written Essays - 1000 words

The effects of greenhouse gas - Essay Example Discussion The destruction of the natural order of the environment through green gas emissions will have far-reaching ramifications on the survival of other living things and human safety on the planet. Many of the adverse natural calamities that have been witnessed in the modern times are largely attributed to the greenhouse gas emissions (Environment Canada, 2012). In terms of the environmental impacts, there is a high expectation of continued rise in the average annual temperatures around the entire globe. The rise in temperatures will lead to the melting of the melting of sea ice and a decrease in snow. It is also expected that the rising temperatures will have the effect of reducing the volume of glacier coverage and thaw the levels of permafrost in the Arctic. As a result, sea levels will rise above their current levels and increase the possibilities of coastal flooding. Flooding is generally disruptive to communities living along the coastlines and other economic activities su ch as tourism. Tourism is a major contributor to the economic development of many countries. Adverse disruptions of this sector could indirect contribute towards a rise in global poverty and general underdevelopment. The frequency and severity of storms and heat waves are likely to increase as the world continues to experience the effects of green gas emissions. For instance, the devastation of storms and heat waves has already been experienced in countries such as the United States, Canada, Cuba, Haiti, Mexico, and many other parts of the world (Maslin, 2002). The effects of the storms, hurricanes, tsunamis, have been devastating in terms of the loss of human life, animals, and property. Infrastructure in many of the affected parts has been rendered into states of disrepair in the aftermath of the storms. The natural calamities have also been disruptive to natural order particularly in the manner in which they destroy ecosystems and threaten the survival of certain species within t he ecosystems. Scientists predict that global warming will adversely affect the lives of many wild animals that are accustomed to cold temperatures. In the long run, the world might witness a drastic decline in the population of polar bears and other animals that are naturally accustomed to cold weather. Source: World View of Global Warming. The green gas emissions will have significant impacts on the health of human populations in many parts of the world. Canada and the United States are mentioned as some of the places that will face significant health challenges with particular regard to the elderly and children. The rise in temperature will affect their bodies defenses in ways that could subject them to various diseases and health complications (Dinc?er, 2010). Such effects will also extend to the areas of basic comfort in ways that would make it difficult for the people to engage in constructive activities as they will not easily adjust to the weather and climatic changes. Healt h analysts contend that some of the factors that will affect the populations will likely result from the inability of the physiological processes to adjust to new environmental realities as conditioned by a surge in the global temperatures. Biologists link the status of health to environmental conditions within the understanding of human adaptation. The danger of dehydration remains a reality in the wake of

Women's Liberation Coming Out of the 19th Century Research Paper

Women's Liberation Coming Out of the 19th Century - Research Paper Example that ideology to help provide a socially acceptable avenue of refuge for other young women like her who felt trapped but did not wish to become ‘fallen women.’ Beecher struggled to find comfort in her religion after her fiance was lost at sea, but was unable to relinquish her sense of self and self-will (Sklar, 1973). She moved to Hartford, Connecticut and opened up new schools designed to benefit girls and providing women with additional acceptable life options outside of marriage. Her tracts, books and lectures were intended to make her less threatening to men and women who felt True Womanhood was the only natural and right social arrangement (Sklar, 1973). Her efforts provided women with a sense of self-respect and paved the road for future female activists such as Francis Willard. Francis Willard also worked from within the cult of True Womanhodd to help bring other women into a more public sphere by focusing attention on the expected responsibilities of women within their 'natural' role within the family. According to Amy Slagell (2002), â€Å"Willard knew that by recruiting, organizing and energizing interested women to being their work of transforming the world as she believed they were called to do, women would come to a new awareness of their power so that not only would the outer world be transformed, but the women themselves as well† (23). She introduced the Home Protection argument to the Women’s Christian Temperance Union â€Å"as a wedge argument, a way to break through the walls of prejudice an ‘average woman’ would likely bear toward suffrage and women’s political work† (Slagell, 2002: 10). According to Flexner, she took a â€Å"shrewd† approach; â€Å"a series of tangential moves, in the course of which women †¦ were gradually led to understand... The Women’s Liberation Movement as we know it today emanated from two different ideological sources and continues to promote two widely different points of view. Feminist issues are multifaceted, so it is unsurprising that the approaches to remedying these issues are often contentious and inadequate. Feminists don't always agree on the recommended solutions and not all of the needs of women have been met. Women and their ever changing lives cannot be placed in specified categories nor can the answers to their specific needs be found in theories. What all feminists should recognize is that the overall goal of leveling the playing field for everyone is a never-ending effort. There are very few absolutes in attempting to find the correct answers to the human rights debate as engaged by liberal and radical feminists. Both groups claim that the opposite view subverts their common goal of gender equality. At its core, the women’s movement that was touched off by feminist thou ght more than a century ago through the modern movement of the 1960s and continuing even today has successfully addressed equality and human rights issues for women.

NHK Essay Example | Topics and Well Written Essays - 2500 words

NHK - Essay Example World Radio Japan broadcasts some of its programs on the internet. 1926 was the year when NHK was founded. Krauss states that NHK was modeled on the British Broadcasting Company (BBC) radio company of Britain (6). NHK evolved from the merger of the three local broadcasting corporations. This merger and reorganization was carried out under the backing of Japans’ ministry of communications. In 1931, NHK started the second radio network. This was followed by the establishment of a shortwave radio service, Radio Japan, for its overseas listeners. The Imperial Japanese army took control of all public news organizations in 1941 and harmonized their efforts through the information liaison confidential committee. All published and transmitted news reports duration of world war two became official broadcast of the Imperial army general headquarters. The headquarters was in Tokyo. NHK broadcasted the famous Tokyo rose wartime programs. After the war in 1950, three radio regulations were enacted including the broadcast law. Under this law, NHK started afresh as a unique corporation to be supported by its viewers. In 1950, NHK started general television followed by educational television in 1959 (Foreign Press Center 22). NHK aired its initial color television transmission in 1960. In the 1982, NHK started NHK BS television broadcasts and followed with NHK world television in 1995. The year 2000 saw NHK start satellite digital television transmissions. This was followed by in 2003 by terrestrial digital television transmissions for three megacity areas, with plans to cover almost the whole nation by 2011. NHK BS Hi-Vision analog television was stopped in 2007. NHK world television became free-to-air over the Astra in Europe at the end of 2008. Currently, NHK operates fifty four stations across the nation and has correspondents in twenty eight locations around the globe. A certain amount of money is usually paid by viewers in Japan to

The South Vindicated from the Treason and Fanaticism of the Northern Assignment

The South Vindicated from the Treason and Fanaticism of the Northern Abolitionists (1836) - Assignment Example He explained the life of a poor laborer in the north is far worse than the life of a southern salve. A northern poor laborer might work hard, unrelenting jobs under horrific conditions and still not make enough income to support himself and his family. He may do this his whole life and never come up in the world or provide for his loved ones. He shares that the experience of a southern slave is much more secure. Although they are work hard and tirelessly, they are provided comfortable living arrangements, proper food, and better hygiene and treatment of sickness than the northern worker would ever receive. A slave has fewer worries in life and security, the author believes that the slave’s existence is far more attractive than that of a northern laborer. He believed that educating slaves was dangerous and unfair. It is dangerous for slaves to be influenced by the false messages of abolitionists would rile them up and make them eager to seek freedom, which in turn would force southern whites to take greater and stricter measures to keep the salves in line. By educating them would be to, potentially, expose them to information that will only misinform them and lead them down a path that will only end in punishment and pain. He believes that the southern way of life is more a reflection of what human beings should be like. Because slavery relieves the white man from the day-to-day labors and basic necessity concerns, like food, income, and shelter, they can focus on more important things. Many men had more time to involve themselves in politics and educating themselves. All white men in the south are equal to all other men because there is no labor class per say as in the north. This country was founded on the principals that all men are created equal. The south believes that statement only applies to the white man. Therefore the universal mentality of equality in the south is closer to

Conserving Soil Quality On Farms In Hawaii Research Paper

Conserving Soil Quality On Farms In Hawaii - Research Paper Example By the time measurable damage to the soil quality has occurred, crop yield may already be irrecoverably failing (Stocking, 2003). This relationship can even hold true in areas that with volcanically-enriched soil such as the tropical islands of the state of Hawai'i. To understand soil conservation for farming in Hawai'i, the first step is to understand the background of soil quality conservation, with a focus on the issues specific to the tropical islands. Only then can workable solutions be found and analyzed for suitability to the specific situation found on the Hawai'ian islands. A clear definition of soil quality is necessary for a conservation project to be undertaken. Unless soil quality is clearly and definitively described, it is impossible for researchers to design tests and measurements to study the current state of the soil quality. However, soil quality has proven a very difficult concept to define, especially as soil quality has so many different parameters in many diffe rent spheres of scientific study. Defining soil quality as a term is not the same as defining other widespread environmental terminology such as air quality or water quality. This is due to the fact that air quality or water quality are not based on the usage of the material or its relationship relative to a â€Å"natural† state, but merely on the lack of specific pollutants or on the levels of such pollutants (Sojka & Upchurch, 1999). Since pure soil cannot exist by definition, and clean soil varies dependent on location, pollutants within soil can be limited only to specific non-natural products, such as industrial wastes or household chemicals (Cowan & Talaro, 2006). Soil quality, on the other hand, is determined by the soil's ability to support certain usage and by healthy levels of bacterial, animal, and plant life (Sojka & Upchurch,1999). Measuring soil quality in tropical regions, on the other hand, is simplified because of the reduction in the number of related variab les. Many attributes of topsoil quality in tropical regions of the world, including Hawai'i, are quantitative and measurable. Assuming those conditions to be true, soil quality can then be measured using a fertility capability soil classification system (Sanchez, Palm, and Buol, 2003). Other single-attribute measurements of soil quality are such concerns as soil compactability or erodibility based on location or use, but the fertility classification most affects the ability of the soil to support intensive crop farming, which is the concern of this review (Parr et al., 1992). The fertility capability classification systems are not without their faults, but they provides a starting point for measuring the success of a given conservation program by providing a quantitative standard. A measurement that makes use of this system would be comparable to future measurements under the same system, allowing a researcher to compare numerically the success of the method under study (Sanchez, Pa lm, & Buol, 2003). Soil systems in tropical regions tend to be extremely dynamic, changing rapidly over short periods of time. Within these systems, soil quality may vary widely from location to location even between patches of soil in the same forest (Parr et al., 1992; Stocking, 2003). In such a dynamic system, nutrients rarely have time to accumulate in the tropical

Cybersecurity Coursework Example | Topics and Well Written Essays - 750 words - 1

Cybersecurity - Coursework Example According Setton and Girod (2008), most organizations choose to handle their malicious insider attacks privately without seeking recourse in courts or public opinion courts. The editors give the example of the Carlifornia Law of Data Breach Notification which requires that whenever someone’s personal information gets compromised, organizations have to notify individuals. Such laws limit the distinction between outsider attacks and insider threats. Therefore, organizations need to distinguish between private action employed when detecting an insider threat and public action which includes criminal prosecution. Publicizing such action creates awareness among the employees on the seriousness of these crimes. Training employees adequately on security and dividing critical functions among them limits frauds or sabotage committed solely (Cappelli, Moore, Shimeall & Trzeciak, 2006). In this separation of duties, the principle of least privilege ensures that one would be authorized fo r resources needed only. Topic 2 Modern organizations strive to retain the best performers so as to sustain their competitiveness. But even so, business administrators look at ways of motivating their workforce without necessarily using any additional money. Cohan (2012) estimates less than 2% of total payrolls, equivalent to $ 38 billion as employee incentives in the US. Companies give low value but meaningful gifts to their employees like t-shirts and mugs. Social rewards where workers’ rewards come in terms of verbal recognition and non-monetary points have been successfully used in companies like Achievers. Fisher also cites provision of better training as another appropriate incentive (2005). The controversies regarding incentives make this issue complex for there to be a valid universal conclusion on what to use. Muller (2010) cites various researchers who propose money as a key incentive because it enables satisfaction of employee needs. While this opinion could be pop ular, researchers concur that the resultant motivation would only be short term (Cohan 2012). But from my experience, giving better training to top performers would be the most appropriate incentive. The findings of Fisher (2005) which suggest that most staff value the acquisition of new skills supports a need which if met would boost staff motivation. In as much as all staff need new skills, top performers could be given more elaborate trainings which would impart greater capabilities that would enable them take up greater responsibilities in an organization. Since responsibility comes with proportionate employee compensation, most of the other incentives fall in place simultaneously. This form of incentive propagates sustainability of the other accompanying incentives which when solely given would not be sustainable in the long run. Topic 3 Auditing entails comparison of evidence gathered to criteria set out for conformity (Pinero, 2012). Syracuse University Audit and Management A dvisory Services (2012) provides five common types of audits in organizations. Operational audit aims at understanding the businesses of the organization then evaluating the effectiveness of its internal control environment. Organizations also undertake compliance as a type of auditing aimed at

A literature review on electromagnetic transponders in prostate cancer

A on electromagnetic transponders in prostate cancer treatment - Literature review Example The present research particularly involved reviewing a number of recent publications including journals, books, articles, magazines and databases related to the use of electromagnetic transponders in cancer treatment. Electromagnetic Transponder is an emerging high tech system that is increasingly being used to track the movement of prostate glands particularly during external beam radiation therapy. The technique particularly involves implanting three tiny electromagnetic transponders into a patient’s prostate gland in order to enhance the delivery of post- prostatectomy radiation therapy by providing real time tracking required to ensure accurate treatment of prostate cancer through radiation therapy (Kindblom et al., 2009). According to many experts, the technique is particularly preferred for the post-surgical radiation therapy for prostate cancer because it significantly allows for enhanced localization of the specific targeted area thereby allowing for the delivery of maximum radiation dose while at the same time minimizing the exposure of the patients surrounding non-targeted normal tissues to radiation (Foster, Pistenmaa and Solberg, 2012, p.2924). The present literature paper particularly focused on a comprehensive review of relevant recent publications such as journals, books, articles, magazines, databases and other professional manuscripts related to the theory, practice and use of electromagnetic transponders in cancer treatment. Finally, the findings of the literature review were then analyzed and clustered based on the key major themes namely the oncologic and functional outcomes of electromagnetic transponders, placement of electromagnetic transponders in prostate cancer treatment as well as the challenges related to the use of electromagnetic transponders in the prostate cancer treatment. For the last 15 years, development of electromagnetic

Nussbaums Approach, the Capabilities Approach Essay

Nussbaums Approach, the Capabilities Approach - Essay Example Nussbaum’s Approach, the Capabilities Approach The society is sometimes affected by vices such as inequality and favoritism in attitude and behaviors based on sex stereotypes, ethnic, originality, economic and social status. This was despite the common knowledge that the practice is erroneous. It led to the making of biased actions and consequently denial of justice especially for the underprivileged citizens. Inequality degrades understanding in various societal aspects including interpersonal, of intra- and interactions among members of society and the established institutions. The discussions equality in the liberal theory made Nussbaum’s expression in her capability approach to equality. Moreover, civil liberties are crucial factors that determine citizen participation in the decision making process. Some political philosophers argue that a country requires a constructive platform for social democracy in order to achieve socioeconomic development. This calls for resolution of disputes amicably and minimal interferences in the dealings of other nations. Nussbaum’s approach, the capabilities approach, is designed to remedy serious flaws in Rawls’s theory of justice. While Nussbaum succeeds in addressing some areas of concern for Rawls, I will argue that ultimately, these changes are not enough and neither the capabilities approach nor justice as fairness can fully protect women’s human rights.... First is the principle of equal liberty that maintains that every individual has an equal right to the broad autonomy. This principle seeks to merge the ethics of equality, individual autonomy and obligations. It is regarded as a better ideal compared to harsh social equality since it gives a fairer opinion on what constitutes inequality-reflecting disparities in preference. The second principle is the difference principle that asserts that socioeconomic disparities should be planned so as to make it beneficial to less-privileged people while opening up equal opportunities for all. In the egalitarian ideals, liberties are allocated equally to all people. Additionally, he argued that it would be correct that each time societal structures persuade these ideals, victims oblige as long as they are free and fair. Individuals who have cognitive disabilities need to be treated equal and with respect like the normal human beings. It is important for the law provisions to guarantee such peopl e equal access to basic amenities such as health care, employment, education and housing. This cluster of people should have political and civil rights to express their opinion and participate in decision within the society. Martha Nussbaum gave an elaborate and overwhelming critique on the social convention and Rawl’s theory of justice (Alkire p. 32). She argued that social contract gave an inadequate insight of justice, particularly on people disabilities and non-citizens. Inclusion of this group in a theory of justice was an infringement of â€Å"premises of contractarianism†. The premises of contractarianism included; the treaty intended for the common benefit, some people were almost identical in powers and is largely egocentric in quest for their interests. She argued that disabled

Console Games vs PC Games Essay Example for Free

Console Games vs PC Games Essay Let’s start with the console’s themselves. Maybe you’ve heard it before, but some people say PC-gaming is dying. Can PC games still compete with Console games? Gamers have never been so spoiled for choice. While the console vs. PC war has been around for ages, consoles today have bridged the gap by finally providing decent multiplayer capabilities. Is this the end of the PC as the dominant gaming machine? Gaming has been around for a long time. It is serious business nowadays. With a host of companies creating everything from award-winning games to those collaborating with businesses on workforce training and development, the area is poised for continued success. And we are creating this success by buying all kinds of games. So what is the difference between the total price of playing games on a console or on a PC? While it is possible to get a PC at about the same cost of a console, it would be such a stripped down version that it wouldnt be able to play the latest games. Consoles such as the Nintendo Wii, PS3 and Xbox360 still offer the best price in terms of gaming power. Even if you buy a 800 pounds PC, it would only be able to play the latest games for about three years. If you look only at the three biggest consoles, the Nintendo Wii is the cheapest console, starting at about 180 pounds. The Xbox 360 will cost you about 200 pounds and a Playstation 3 about 250 pounds. Certainly the Xbox 360 and the PS3 would be able to play the latest games for many more years. Well, there actually is a way to expand the time you can play games on your PC, but it will only cost you more money. A PC has the availability to upgrade. For example, you can change the graphics card for a newer one. This is the most important part of a PC for playing games. This will not cost you as much as buying a total new PC, but in total it will still be way more expansive than a console. But one thing is cheaper for the PC-gamers in comparison to for example Xbox 360-gamers and that is that you have to pay to play online multiplayer games on a Xbox. In most situations this will be free for a PC game. So maybe you are asking now if there are any more advances of playing games on a PC instead of a console. Of course there are. There are still way more games available for the PC than for consoles. On a PC with windows as operating system, you can play like almost every game that exist for windows, even older versions of windows. But on a console you probably can’t play previous generation games. When for example the first PS3 was announced it actually could play PS2 games, but Sony removed this option quite quick. Another reason to play games on a PC is that if you have a very expansive PC it can probably play games with better graphics, but at that point you are limited to the games that are already playable. Future games will probably need a better pc to play it on full resolution. A PC is also the only option for playing big online games where thousands of people can meet each other online, like World of Warcraft. This just isn’t possible (yet) on consoles. You’re choice for playing games on a console or a PC can also depent on the controller. Whereas you play with the traditional keyboard and mouse on a PC, you can play with other kinds of controllers on consoles. The Wii is the best example of that with the motion sensitive Wii remote. There is also a different kind of consoles for playing ‘on the road’. These are called handhelds and aren’t very powerfull, but their advantage is their portability.

The Areas Of Ecommerce Information Technology Essay

The Areas Of Ecommerce Information Technology Essay Ecommerce is frequently thought just buying and selling through Internet; people immediately think of consumer retail purchases from online companies such as Amazon. But e-commerce involves much more than electronically mediated financial transactions between organizations and customers. E-commerce must be careful as all electronically mediated transactions between an organization and any third party it deals with. By this description, non-financial transactions such as consumer requests for additional information would also be careful to be part of e-commerce (Chaffey, 2002). E-commerce is the swap of information across electronic networks, at any phase in the supply chain, whether inside an organization, between businesses, between businesses and customers, or between the civic and personal sector, whether paid or unpaid (Cabinet Office, 1999). Ecommerce is any business activity that involves the transformation of information through internet. Electronic commerce is exchanging business information, maintaining business relations and conducting business transactions by means of internet and networks (Zwass, 2012). AREAS OF ECOMMERCE Ecommerce is the broad term. Today, e-commerce isnt just reserved for big companies but appealing much anyone can get involved in this (Affilorama, n.d.). It has covered various sectors including health, education tourism etc. some of the main areas where the ecommerce has penetrated are listed bellows: In Education as e-learning In Health as Telemedicine In Travel and tourism: Online Hotel Reservation, Managing trips and vacations. In entertainment: Online movie database, online games, betting sites etc. In Service related areas: E-brokers, E-ticketing etc In Financial sector as E-banking. Beside the above given main areas it also has its impact on various sectors such as E-publishing, Online Auction, Online advertisement etc. TYPES OF ECOMMERCE Ecommerce can be divided into various categories in terms of their properties and type of transaction they perform. Various types of E-commerce are described below: B2B E-commerce Generally, business to business ecommerce is an ecommerce activity performed between the two Business organizations. Here one business collaborate with business partners in real-time and put management of all their processes online from supply chain and purchasing to manufacturing and product development (Btobb2b. 2010.). B2C E-commerce An acronym for business to customer or Business to consumer, a type where a business sells their products and services to the customer directly (Maybray, n.d.). This type of ecommerce is applicable to that business firm who tends to sell their product on internet. Some forms of this type of ecommerce are e-banking, e-ticketing etc. example: Amazon. M-commerce M-commerce referred as mobile commerce is the use of mobiles to perform the business activities. It eventually is B2C commerce but not performed in your PCs or MAC. SUITABILITY OF DIFFERENT PRODUCTS IN ECOMMERCE Some types of products may be more suitable to ecommerce where as some of them may be suitable for the offline market. If we look the trends of some success full ecommerce website like EBay and Amazon, we can find that the digital products such as movies, music, software, games are more sold in this platform. Beside that the products like computer hardware, spares part of automobiles are also sold. But the products which have less value-to-weight, or the product that have smell, taste, and touch components and products that need trail fitting and where color integrity are more essential are less suitable for the ecommerce platform (Ecommerce.insightin, 2004). SCOPE OF ECOMMERCE IN RETAIL SECTOR In January 2011 alone, customers in the UK spent more than  £5 billion shopping online, a rise of  £1 billion on the previous year. With this sharp increase, retailers are falling over themselves to spruce up their web presence and the e-commerce services they offer (Retailchoice, 2011).This growth of ecommerce means that there is a great scope of ecommerce in the retail industry. Referring to the gain acquired by various online competitors, the business firms following the traditional way are also attracted toward the ecommerce platform. This creates huge competition in the online market. STRATEGIES TO BUILD ECOMMERCE WEBSITE There is no doubt in the growing importance of ecommerce website for the retailers. But only creating the website is not sufficient for the business run your business successfully s. Hence for the successful ecommerce business the merchants have to think about various factors that may effects their business. Some main factors to be considered to run business successfully are discussed below. Choice of suitable products. Products are the main part of the ecommerce website. Before creating the website you should make sure that what types of product you are going to integrate in your website. Digital products such as DVDS, Software are more suitable. Similarly, branded an item that doesnt need to be tasted or checked such as branded chocolates, cosmetic item etc. are also suitable. But the product that should be sold within short period and that have a lot smell are not suitable to the ecommerce website. Example: bread, milk etc. vegetables are also not that much suitable for it. An Easy to use shopping cart. The other main things to be considered is the easy to use user interface. Better is the user interface, more costumer are attracted to your platform. Use of more graphics than text is encouraged. Better and secure payment system. Payment and Security is the main thing that a business firm should consider while establishing the ecommerce. There are various options available such as PayPal, Alert pay, Payoneer etc. But among them PayPal is the best option as it is highly recognized, secured and fast. Its alternative may be Alert pay. Fast delivery Delivery of goods to the costumer at a given period of time is one factor that affect the consumer behavior to online shopping. Faster the delivery is of the business, costumers are attracted towards your business. Regular update of your website. Costumers are attracted towards the new items and products daily. The use of same product for a long period of time may change the interpretation of customer towards your site. So, updating of daily new products is important for the business to be successful. Offers and Scheme Offers and Scheme is the best way to attract your costumer towards your business. Providing various types of scheme and offers during the various festivals and occasions is a plus point for the business organization. Certain percentages of discounts on your products are some examples for it. Disadvantages of Ecommerce. Security Security continues to be a trouble for online businesses. Consumers have to sense confident about the honesty of the payment process before they entrust to the purchase. System and Data truth Data security and the fact of the system that handles the data are serious concerns. Computer viruses are out of control, with new viruses discovered each day (GoArticles, 2012). Viruses can cause unnecessary stoppage, backups of file and data, data storage problems, and other difficulties and danger of hackers trying to access files and corrupting records adds more pressure to a earlier complex operation. System Scalability A business develops an interactive boundary with consumers by the use of a website. Finally, statistical analysis verifies whether visitors to the site are recurring customers or not. If the company expects 2 to 6 million shows up, website performance is bound to incident degradation, delay, and ultimately loss of consumers visits (Scribd, 2009).  To stop such problems from occurring, a website must be scalable, or upgradable on a regular routine. E-commerce is not free Till now, achievement stories in e-commerce have enforced large business with profound pockets and good financial sustain. According to Manjeetss (n.d.), small retailers that go head-to-head with e-commerce giants are fighting losing combat. Since in the brick-and-mortar situation, they just cannot battle on price or product offering. Brand trustworthiness is related to issues like this, which is thought to be less significant for online firms. Brands are predicted to lower search costs, maintain and create trust, and correspond quality. A search engine can come up with the best music deals, for example, yet customers continue to flock to trusted entities such as HMV (Sites.google, 2011). Customer Search is not efficient or Cost-effective On the surface, the e-marketplace seems to be a best market, where international sellers and buyers share and trade without intermediaries. However, a closer look signifies that new types of intermediaries are necessary to e-commerce. They include electronic malls that assurance authenticity of transactions. All these intermediaries add to transaction fees (Dart, 2001). Consumer Relations Problems Not a lot of businesses realize that even e-business cannot live on over the long term exclusive of faithful consumers. Products populace wont buy online Imagine a website called furniture.com or living.com, where venture capitalists are investing millions in selling home furnishings online. In the case of a sofa set, consumer would want to sit on it, feel the texture of the fabric etc. next to the sofa test; online furniture stores face a costly come again which makes the product difficult to sell through online (Carolinachair, 2001). Corporate susceptibility The ease of use of product details, catalogs, and other information about a business through its website makes it vulnerable to access by the rivalry. The plan of extracting business intellect from the website is called web framing (Ap-institute, n.d.). High danger of Internet Start-up Many stories unfolded in 1999 about victorious executives in established firms leaving for Internet start-ups, only to find out that their get-rich dream with a dot.com was just that a dream (Albany, 2001). Conclusion Understanding the strategy of e-commerce has became essential while implementing or before implementing e-commerce in industry. Collecting articles, evidences, performing research is the best way to raise ones business. Along with advantages there come disvantages also. So it is very important to develop strategy solutions to overcome the risk arise from implementation of e-commerce.

Study Of The Vat System In Ethiopia Finance Essay

Study Of The Vat System In Ethiopia Finance Essay Government collects revenue from different types of sources to invest for public services like education, health, road and infrastructure distributes equally to the public. This revenue will be the one in which it levies from different income is called a tax. A tax is a blood vessel of a country for development, most of developed countries their tax harmonies are very attractive and strong, the people are well known about the tax what and why you are pay, if you are not pay you accept like you didnt accomplished your duty even your right. How ever in most Sahara counties like Ethiopia the people do not well understand about the necessity of the tax what and why you are pay, thats why the fraudulent and smugglers would be many and high developing country. Hence the problem of tax collection and assessment in Ethiopia is the gap between the taxpayers willingness to pay tax is as a major with different implementation and other problems by the tax collectors. In general in Ethiopia, where the awareness of taxpayers, the culture of paying taxes and the capacity of tax administrators appear poor. The tax system should be balance the economic activity and expected the people on the ability to pay a tax in proportion to their level of income. From the broad concepts of taxation the tax should be divided in to two major groups. These are direct and indirect tax, from these indirect tax the one in which highly Comprehensive that includes producers, wholesalers and retailers is the value added Tax (VAT). The value added tax (VAT) is a new tax system introduced in Ethiopia since 2003 as a Replacement to sales tax.This tax collects from domestic transaction and importation of goods. Where this tax is replaced the sales tax the assumption was the sales tax does not collect on added value, the value added tax minimizes the damage that may be caused by attempts to avoid and evade the tax and helps to ascertain the profit obtained by the tax payers and the tax initiates saving and investment because the tax is levied on consumable goods and services and does not tax capital and enhance economic growth and improves the ratio relationship between gross domestic product and government revenue. And has a proclamation, cites as a proclamation No. 285/2002. This paper will state the current main issues of VAT administration like organizational structure, staffing and training, Tax Payers Identification and Automation, invoicing and book keeping Requirements, controlling of filing and payment, Audit of VAT, Refunds management, penalties and cost of administration and compliances with its strength and weakness in Ethiopias as follows 2. OBJECTIVE OF THE STUDY How it works the Administration and compliance of VAT system in Ethiopia with its positive and negative during implementation of the current system and explains what compliance risks there are and why and how the risks occur over all those problems will be discussed and further the solutions shall be recommended in the report of study. 3. METHODOLOGY OF THE STUDY The study is gathered from different secondary data of annual reports and from assessment of different researches of administration of VAT system In Ethiopia by different Authors. 4. SCOPE OF THE STUDY The study is limited on the current of VAT administration in Ethiopian and compliance risks With its strength and weakness in which applies will be generalized. 5. DEFINITIONS A value added tax is a modern tax system and broad based .It replaces the sales tax, have two rates 15% and 0% with exemptions of the tax. The threshold is based on the annual sales of goods and services above 500,000 Ethiopia birr. Have two types of registration that is obligatory and voluntary registration, the voluntary registrants are registered when 75% their sales are supplied for VAT registered. The reports are monthly which provides in the declaration format whether it credit or nil. Any taxpayers who are not registered for VAT automatically payable to turn over tax (TOT). The exemption in VAT also applies in TOT. 6 .ANALYSIS (MAIN BODY) Value added tax in Ethiopia introduce in the year 2003 cited as proclamation No. 285/2002 which replaces the sales tax with the assumptions mentioned in the introduction part. The current Ethiopia Revenue and Customs Authority (ERCA) was Federal Inland Revenue Authority (FIRA) before 2008. During the period of FIRA the VAT would introduced and implemented in our country and still exercises after merging of FIRA and Customs Authority. The administration of VAT includes organizational structure, staffing and training, Tax Payers Identification and Automation, invoicing and book keeping Requirements, controlling of filing and payment, Audit of VAT, Refunds management, penalties and cost of administration all these activities are pertain to how applies and affects the government revenue and strategy properly will be describe as follows: 6.1 Organizational structure, staffing and training Ethiopia Revenue Authority should be taken an organizational structure for VAT to be implemented through the branches of the Authority and the staff recruited and trained during the preparation of the VAT introduced. Hence due the complication of the system in the Ethiopia case a special VAT unit in FIRA was setting up. Along this line, there were efforts to design the organization structure and to determine the number of staff to be trained and deployed. Some have been taken from the ex-sales tax unit, some have gone from the tax reform program and the Ministry of Revenue and some have been newly recruited. At present, the newly introduced Value Added Tax is administered by a newly established department located at the Mexico square and some branches in the country and by the Ethiopian Revenue and customs Authority. The new department in ERCA is answerable to the General Manager. The staffs are graduates of accounting, economics and the management profession. The organo-gram and staff assignment is depicted in the following diagram. General Manager ERCA Tax Payers registration and Education Division (7) VAT DEPARTMENT Head (5) VAT Administration (2) Revenue Collection and Enforcement Assessment and Audit Division Revenue Accounts and Consolidation Diagram 1:- Organo- gram of the VAT Department By: Arega Hailu Teffera June/2004 Even though, the VAT is computerized, considering the current and future challenges, the VAT department requires additional personnel in all areas- taxpayer education and service, accounting and collection, enforcement and audit. Efforts currently underway within the Ministry and ERCA to strengthen the VAT administration, to improve service delivery, training of staff should continue to address the shortfall encountered. Specially, the administration should focus in strengthening its audit and enforcement wings. 6.2 Tax Payers Identification and Automation Taxpayer Identification Number (TIN) and VAT SIGTAS were implemented during 2000-2003. These systems have been operational by the FIRA and regional states and city administrations revenue authorities through country-wide network As earlier described the system introduced during Federal In land Revenue Authority where it is Ethiopian Revenue and Customs Authority (ERCA). The system is an important for efficient and effective tax and customs administration. Any taxpayer has only one identification number; this will be used for VAT purpose, for with holding tax, for property tax e.t.c. In our country case taxpayers couldnt used different identification number. Except The trade license number issued by Ministry of Trade and Industry Automation of VAT administration commenced with a simple software developed by a local IT firm. In an attempt to deploy better software that integrates the different functions and processes of VAT administration, the government entered an agreement with a Canadian firm known as CRC-SOGEMA in April 2003. The software development project, VAT SIGTAS, was finalized and made operational at the VAT Department during February 2004. Later on, the new software rolled out to the regional branches of the ERCA. It was also made operational in four regional states and two city administration revenue authorities following the delegation of VAT administration. Large taxpayers, started applying VAT SIGTAS in October 2005 upon the decision of the tax authority to administer all taxes of large taxpayers under one office. Previously the large taxpayers used to settle their VAT obligations at the VAT Department. The proper implementation of SIGTAS all taxes would help realize the following anticipated benefits of the project: increased revenues and enhanced control, better service to taxpayers, standardize practices throughout operational departments, reduction of non-value adding activities, real-time management (reminders, remittances, etc.), and Integrated management of all taxes (especially for audit). The regional and city administration tax offices are also using the new system for their VAT operations with the previous VAT functionalities provided unchanged. Efforts are underway to deploy SIGTAS all taxes, with certain modifications, in all regional states and city administrations. The CRC-SOGEMA has already conducted requirements study. 6.3 invoicing and book keeping Requirements Is a very important for issuance of invoices during transaction of VAT system these invoices are printed by registered printing press after getting approval from ERCA. The invoices are separately printed for taxable and exempted transactions. In addition to the printing of invoice recording are mandatory for every VAT registered and required separate of taxable invoice and exempted. The VAT proclamation stipulates that VAT registrants should keep records of account for at least 10 years. However, due to lack of tax administrators follow-up and control, lack of awareness among the society and the prevalence of poverty.these rules are not applied perfectly as to the law required many problems faced with getting invoices, using duplicated invoices, lack of consistency in using invoice, most business holds two books ;one for tax Authority and for Banks . usually the understated income holds book for tax Authority and the over stated book would be for Banks, Do not use invoices approved by the Authority, dealing with buyer to issue the lower price in the invoice , also issue fraudulent invoices using invented VAT numbers of their own and collect VAT for their own e.t.c. These will be paralyzing the function of revenue as a whole. In order to solve this problem of invoicing the ERCA gets the expiriance from Latine America to be used the electronical cash registered at retailer on a net work with the SIGTAS. 6.4 controlling of filing and payment According to proclamation No. 285, Article 26/1, every registerd person is required to file VAT return with ERCA for each accounting period and to pay the tax for accounting period by the deadline for filling the VAT return. Article 26/2 , the VAT return for every accounting period shall be filled no later than the last day of the calendar month following the accounting period, where as VAT on taxable imports is collected at Customs and made by C.P.O automatically. The VAT liability is computed based on the invoice credit method in that the registered person will remit the difference between VAT received and VAT paid during transactions conducted during the accounting period. ERCA made a controlling and filing of VAT using computerized system to administer VAT properly authorities use computer programs, namely: Standard Integrated Government Tax Administration System (SIGTAS) and Automated System for Customs Data Management (ASYCUDA). The computer programs are used to maintain taxpayer register and process VAT returns. Detection of non-filers seems to be carried out mainly manually. The authority tries to identify non-filers in collaboration with the Ministry of Trade and Industry. In Ethiopia every trader is required to renew business license annually with the pertinent offices under the Ministry of Trade and Industry or regional governments. To renew business licenses, traders are required to produce evidence from tax authorities that all taxes have been Paid. The tax authorities on their part, before providing the evidence to taxpayers, 6.5, Audit of VAT Auditing is a basic measuring of for effective tax collection, Audit of VAT in our country was very complicated before the introduction of computerized the tax system, due to different fraudulent of using invoice as mentioned in the above invoicing and book keeping requirements. However, the audit case by the audit selection committee. The selection criteria include; credit declaration, nil VAT declaration, non filers, unusual VAT filing and information obtained from third parties and customs decleracion. Based on the above selected criteria would be subject to audit. Most of VAT registrant provides monthly report as credit or nil. This is the effect of tax evasion by the taxpayers. All these problems affect the potential of revenue this would be due to lack of taxpayers awareness, human resources auditor in particular, the number of VAT registrant compare to auditors or the employees in tax authority is very low they cannot cover by the actual current employees in the ERCA. 6.6 Refunds Management The VAT proclamation No. 285/2002 Article 27/1 stated that at least 25% of the value of a a registered persons taxable transaction for the accounting period is taxed at zero rate, the ERCA shall refund the amount of the VAT applied as a credit in excess of the amount of VAT charged for the accounting period within two months after the registered person files an application for refund, accompanied by documentary proof of payment of the excess amount. The second Article 27/2 relates to unused excess credit. For non-zero rated transactions, the amount of VAT applied as a credit in excess of the amount charged for the accounting period is to be carried forward to the next five accounting periods and credit against payments for these periods. The registered person can claim refund if it has still unused excess credit at the end of the five month period. Refund claims are subject to checks and audit by the tax authority. In view of promoting export supplies, the tax authority effects VAT r efund for exporters in 15 days after checking and verifying the documents presented to it. 6.7. Penalties Taxpayers that are not compliant to the VAT law are subject to administrative criminal penalties. According to the VAT proclamation, articles 45-47 administrative penalties are imposed while persons are not registered for VAT where registration is required, when any registered person issued incorrect tax invoices, where invoices are issued without being registered, where there is underpayment and late filing of returns. Administrative fines range from a fine 100 percent of the amount of tax payable and a fine of up to 50,000 Birr. According to articles 48-59 criminal offences are liable to prosecution. A tax offence is a violation of the criminal law of the country and thus is subject to criminal charge and prosecution. Tax evasion, obstruction of tax administration, failure to notify changes in business address and business line, unauthorized VAT collection, improper tax debit and credit notes, aiding or abetting, offence by entities, offence by tax officers, offence by receivers are liable on convection to monetary fine of Birr 1000- 200,000 and imprisonment of not less than 1 year to not more than 15 years depending on the gravity of the offence. 6.8. Cost of Administration In the case of Ethiopia the cost of VAT administration must be proportional with professional standards of like developing countries. The researches indicate in most developing countries cost of administration estimates the range between 1 2% of collection. Actually low collection may not reflect efficiency but rather indicate unused of resources may occurred. In our country the administration costs are: salaries and wages and top-ups to staff deployed to VAT department, the cost of fixed assets and consumables including telephones, faxes, internet, electricity and power, fuel and lubricants etc. Since customs collects duties and taxes in a single administrative document, i.e. the customs declaration, it is very difficult to apportion the cost of administration for VAT all these costs are the total consumable of ERCAs administration cost for VAT (the above costs are only for VAT actually expend ). Therefore when take 2003 2004 FIRA Customs report the total cost of administration for VAT was 9,718,848 birr and total collection of VAT during the year would be 5,234,730,000 birr, so total administration cost was 0.00186 this is under the standard from the point of professional standards sited. ( I think this information is too late, but it can see or indicate the current performance, how ever now a day there are a lot changes to use resources effectively like the deployment of automation, recruitment of employees by allocate more budget how ever, it is not researched, but still it has a limitation) (Source: FIRA and Customs- Administration and Finance, Budget for 2003/2004 fiscal year.) Tax Payers Compliance From any taxpayer that expected they must comply with the laws and regulations of tax and customs duty. How ever as an employee of tax and customs authority the real situation of the taxpayers behavior is not what we are expected them. They are not complying with the tax and customs law. For instance with the fulfillment of the VAT registration requirement, timely reporting with the actual transaction they did, using authorized VAT collection, making true financial statement for tax purpose, providing the correct VAT invoice for any client e.t.c. consider the above issues; most of our taxpayers are not compliance. This would be faced in daily activity during tax and customs assessment and collection. Even there is a positive improvement to comply with law in changing the taxpayers attitude through different way of awareness creation. Strength on VAT administration When ever the VAT administration in Ethiopia has a problem, but there are positive actions are taken off by the Authority to facilitate the tax and customs servies with strong enforcement for non compliance taxpayers. Basically the Authority pursued the reform program in order to achieve the main objectives that are tax policy and administration reform, and customs reform and modernization. From the reforms the tax policy and administration reform have a result during the implementation would be : income tax law that was in force for more than 40 years was replaced in July 2002; VAT was introduced on January 1, 2003 to replace sales tax. Turnover tax was introduced on January 1, 2003 to apply to those taxpayers whose annual turnover is below VAT threshold. Excise tax was rationalized to more accurately reflect the current market situation. National implementation of the TIN network through the installation of communication equipment at FIRA, and City and Regional administrations sites. And taxpayers were registered for TIN. The replacement of the estimated assessment method with the more standard assessment method in order to achieve equity and administrative efficiency in connection with presumptive taxation. Tax collection and audit manuals prepared and put in use. Large Taxpayers Office and VAT Department established. Operational departments are automated as part of the modernization of the FIRA. TIN system interface with the Ethiopian Customs Authority is operational.(before merging the two Authority) Using this in mind the strength way of FIRA, currently ERCA would be perform many activities to improve services delivery and the potential of revenue on VAT administration. Thus are; The reform introduced during FIRA would take as a base to perform effectively and introduced BPR. Make extensive consultation with stake holders, comprehensive taxpayers education program and aggressive advertisement campaign. strongly used of computerized tax and customs system ( SIGTAS, TIN, ASYCUDA ++) Create positive attitude for the tax collector with good payments. Conducted comprehensive trainings on the VAT law, regulation, directives and administration techniques for tax officers drawn from different area of the country. Create strong enforcement unit on VAT 7. Measures were taken to enforce registration: for non compliant 8 Administrative and criminal cases are strongly followed-up 9. Strongly applied deterrent provisions: penalties and prosecution e.t.c, thus would be Taken to improve performance of VAT administration. 9. Basic Weakness 1. Lack of strong and follow up for non complaints 2. Lack of human resources specially VAT auditors 3. Lack of taxpayers awareness. 4. In some lack of ethics . Although VAT was successfully introduced in Ethiopia due to adequate preparations, different challenges have been faced in implementation as I have stated in VAT administration. In general ERCA faced the following challenges in VAT administration still- Resistance against VAT registration, Failure to register due to the prevalence of large informal sector, Low level of tax awareness, Suppression of taxable sales, Failure to issue invoices during transaction, Negotiate with customers during transaction to account VAT or not, Print and use of identical invoices, one registered by the FIRA and the other not, Issuance of fictitious invoices among related persons without actual transaction to overstate input VAT and claim refund, Prevalence of significant number of constant credit filers, nil-filers and non-filers, Non-remittance of VAT collected, Prevalence of missing traders, poor audit and enforcement capacity of the tax authority, and Mal-practices in the administration aspect. Recommendations From the above study I recommended as following: Recruit quality and quantity of human resource to be deployed and Training and development for staffs who will join and who have already joined. All liable businesses registered for VAT in all sectors of the economy must be registered and it needs strong and practical monitoring and controlling system. that fall within the threshold should be identified and an action to be compliant.. Must be apply frequent audit system ,donot delay the auditing. Due to lack of auditor, the auditors must selective based on the size of the business with return of tax from these. Make consistent tax educations for taxpayers in each tax Authority to create awareness. Create ethical tax servants e.t.c All the basic challenges that mentioned must be change and improve with substantial monitoring and controlling effort. Conclusions Ethiopian Government committed to improve the tax harmony in each stage of the tax authority by allocating resources with the efforts of ERCA. The effort which applied is the introduction of tax reform in Ethiopia. The Government introduced the VAT since 2003, mainly to broaden the tax base, and to compensate for revenue loss as a result of duty reduction at customs, to reduce distortions by other indirect taxes, and to encourage trade and investment. With the challenges that already stated, the performance of tax from VAT would be increase. For the increasing of VAT collection the introduction of IT has great role. The implementation of SIGTAS increases revenue collection, Real-time Management of Non-compliers, Facilitation of Assessments and Reassessments, Prompt Calculation of Penalty and Interest, Provision of Better Service to Taxpayers, these are facilitated the collection of VAT progressively. Appreciating the role of IT in VAT administration, during FIRA decided to automate the administration of all taxes in an integrated manner. Thus, the functionalities of VAT SIGTAS were extended to embrace the other taxes and ERCA would be catch-up the system and implemented successfully. SIGTAS all taxes was tested at the Large Taxpayers Office in August 2006. Currently, all tax centers of the FIRA are using SIGTAS all taxes software. The application of SIGTAS has been instrumental in improving the efficiency and effectiveness of the tax administration. And Extensive consultation with stakeholders, comprehensive taxpayer education programmed, aggressive advertisement campaign and an intense registration drive did help the tax authority. Over all the experience of Ethiopia in automating tax administration, including VAT, shows that success in IT implementation is mainly dependent upon: aggressive implementation as per schedule, strict control over procedural issues, active action in case of peculiarities, monitoring and feedback, continuous manpower development, timely provision of hardware and supporting services, and proactive and genuine participation of every member of the tax authority.

New Orleans Jazz Band: Dag :: essays research papers

New Orleans Jazz Band: Dag "They have a word down South to describe the way you feel when your packed into a crowded dive at 1:00 AM, where the cigarette smoke is so thick it makes its own weather; and the waitress is slinging bourbon and Fritos while some bad-ass Jazz Funk band rocks the house as hard as Blue Ridge granite, and the sweat flows down from the stage like the cloudy waters of Pamlico Sound. There's a word for how you feel when you hear live Jazzy-funk music so sweet and hot, you just gotta shout something. The word is: DAG!" - Columbia Records There is only one place on earth where I though I could go to experience the true meaning of Jazz and to try to place myself in the shoes of all of the artists I have studied over the past semester. New Orleans, Louisiana is just that place. On April 10, 1996, I boarded a United Airlines plane bound, non- stop, for the "Home of Jazz." My goal in New Orleans was to try and have a comparable experience to that of one of the popular Jazz artists would have had upon his/her first visit to New Orleans in the early 1900s. Bourbon Street, the French Quarter, Jimmy Buffet's Maragaritaville, The Flamingo, the Garden District, and Moolate's all helped me to get into the proper frame of mind of experiencing true Jazz. The focus of this report will be on my life changing experience at a little place known as The House of Blues. This amazing combination of bar and stage created one of the most conducive atmospheres to music listening that I have ever been involved with. The stage, similar to the Fox, in Boulder and the bar/restaurant, similar to nothing both had a character and charm unique to itself. The ceilings in the bar area were covered by sculpted silhouettes of every major Jazz/Blues artist that ever played there. Images such as Louis Armstrong, Lester Young, Dizzie Gillespie, Buddy Bolden, Horace Silvers, and Jelly Roll Morton adorned the walls and ceilings of the HOB (House of Blues). Every beer on tap was a Louisiana original and the only kind of cooking done there was absolutely Cajun. On Thursday, April 11, 1996, I and 5 friends ventured into the legendary house of Blues. Headlining was a band entitled "Dag." This up and coming Blues/Jazz/Rock band has been touted as New Orleans newest small success story. With a label on Columbia Records and an album entitled Righteous, Dag is certainly a force in the Jazz industry.

Tess Of The Durbervilles: Coincidences Lead To Consequences Essay

The belief that the order of things is already decided and that people's lives are determined by this "greater power" is called fate. Many people, called fatalists, believe in this and that they have no power in determining their futures. Despite this, many others believe that coincidence is the only explanation for the way their lives and others turn out. Thomas Hardy portrays chance and coincidence as having very significant roles in "Tess of the d'Urbervilles" continuously. Three such coincidences were quite influential and had large effects on Tess's future. The first being that Tess Durbeyfield's father, discovered that their family came from the oldest, (and at one time) most wealthiest family in England. Another event that occurs by mere chance in Tess's life is when Tess slips a letter of confession underneath both her lover's door and (by accident) the carpet, where he could not see it. The final coincidence would be the death of Tess's father, which not only leaves Tess in a state of deprivation, but also the rest of her family including her mother and six siblings. All of these coincidences had consequences that would change Tess's life,.For the first sixteen years of her life, Tess Durbeyfield and her family lived in a middle-class-like situation in the town of Marlott. Since her father, was a life-holder on the cottage in which they lived, his rank was above the farm laborers. However, John Durbeyfield is not in good health when we meet him and he does not put much interest in working, and instead spends time drinking. Upon returning to his home one evening, Durbeyfield meets a man named Parson Tringham who tells him that the Durbeyfield family is the "lineal representative of the ancient and knightly family of the d'Urbervilles, who . . . came from Normandy with William the Conqueror."(p. 18) This news suddenly changes Durbeyfield's view on his family's lifestyle and he decides that they should be living as their knightly and noble ancestors once did.With this new lifestyle in mind for his family, John's wife, Joan Durbeyfield recalls that a man by the name of d'Urberville lives not far from their home and might be able to help them in their hard times, seeing as how he is kin to them. After the death of their only horse, the Durbeyfield family must do something to sustain themselves, but Mr. Durbeyfield ref... ... comes of this major coincidence in Tess's life, because if her father hadn't died and Angel hadn't returned at just the right moment, she would not have killed Alec and would not have been sentenced to an execution for her crimes.Through each and every one of these coincidences, Tess's life changed quite dramatically. Each event that occurred by complete chance left Tess in a predicament where she was compelled to take control and do something to improve the situation. No matter where she was--in the location of her birthplace, a sheltered little town, or in the comfortable landscape that surrounded the dairy, or even in the harsh scenery of the farm-- Tess always knew where she belonged and what she was meant to do in each place. Every coincidence or occurrence that came along, forced Tess to rethink her situation and draw up the courage that to realize who she was and where she was going. The consequences that came, due to her decisions were all ones that Tess was ready for. Even when sixteen men followed her so that she could be punished for the murder of Alec d'Urberville. "'It is as it should be. . .This happiness could not have lasted. . .I am ready.'" (p.417)

Understanding the Factors Affecting the Unemployment Rate

Understanding the Factors Affecting The Unemployment Rate Through Regression Analysis An Individual Report Presented to The Faculty of Economics Department In Partial Fulfillment To The Requirements for ECONMET C31 Submitted to: Dr. Cesar Rufino Submitted by: Aaron John Dee 10933557 April 8, 2011 1 TABLE OF CONTENTS I. INTRODUCTION A. Background of the Study B. Statement of the Problem C. Objective II. THEORETICAL FRAMEWORK AND RELATED LITERATURE A. GDP B. Average Years in School C. Population D. Literacy Rate III. OPERATIONAL FRAMEWORK A. Model Specification B. List and Description of Variables C.A-priori Expectations IV. METHODOLOGY V. EMPIRICAL RESULTS AND INTERPRETATIONS A. Regression of the Original Model 4 4 5 5 6 6 6 7 7 9 9 9 10 12 13 13 2 B. Summary Statistics C. Testing for Misspecification in the Model D. Testing for Multicollinearity E. Testing for Heteroscedasticity VI. CONCLUSION VII. BIBLIOGRAPHY 15 16 17 18 21 22 3 I. INTRODUCTION A. Background of the Study When we we re still kids, we dream of what we want to be in the future. Older people will usually ask us if what we want to be in the future. Most of us will say, they want to be a doctor, lawyer or engineer to name some.We think and think about our career, but once we are already in the college level, we now dream to become successful in life and have a stable job. But with the rate of unemployment here in country continue to increase, there are no guarantee that once we graduated we will have a job immediately. Unfortunately, many still fail to have stable jobs. Some even can’t find a job even though they graduated from top schools. Then we found ourselves ending in the pool of unemployment. Unemployment is indeed a very important issue all over the world. People are getting laid off, some cannot find a job, and the number is increasing.Government wants to achieve full employment but we all know that it will never happen simply because there are millions of people in country and the g overnment or even the private sectors can provide for that huge number of laborers. The government cannot just expand and increase total output so that it will provide job opportunities to the unemployed because there also negative impact on the economy. I am aware that our country is suffering from high unemployment rate, because some workers are only on a contractual basis. Sure they can work but usually it is only for 6 months plus there are no benefits included.After the span of 6 months, they will find themselves unemployed again and they will have a difficult time especially if they did not finish schooling. Companies now a day are more sophisticated and competitive, they don’t just hire college 4 graduate students even if you graduated from top schools. Having a master’s degree will surely be of help in finding a job for companies look only for the best. Some people engage in work that they are not inclined with like for past year, people work as call center age nts even though their college degree is not mass communications or anything that has a connection of being a call center agent.They do this because they don’t want to be unemployed and do nothing for an extended period of time. B. Statement of the Problem Unemployment is very important issue, not just here in our country but also for the rest of the world. This paper will seek to answer whether the literacy rate, average years in school, GDP and total population have a relationship with the total unemployment. Can these exogenous variables explain the unemployment that is happening all over the world? C. Objective The objective of this paper is to (1) find out what are the determinants of unemployment.For this study, literacy rate, average years in school, GDP and total population will be considered as a determinant of unemployment. (2) Create an econometric model that will explain unemployment and (3) to give the readers idea what should be done to alleviate unemployment 5 I I. REVIEW ON RELATED LITERATURE A. GDP Gross domestic product or GDP is considered as an indicator of the standard of living in a certain country. The higher the GDP the higher is the country’s standards of living and the lower the GDP the lower is the country’s standard of living.According to (Abuqamar, Coomans, & Louckx, 2011), unemployment is an important factor in measuring country’s economic strength like GDP per capita. If the unemployment level is high, then economic growth is very low because they have a negative relationship. A sustainable growth accompanied by macroeconomic policies that promotes employment will eventually cut down the level of unemployment in the economy and growth is considered as a solution to decrease unemployment (Hussain, Siddiqi, & Iqbal, 2010). This is true because when government wants to increase output by building infrastructures and the like.They create job opportunities for those who are unemployed thus, alleviating unempl oyment in the economy. More people will get jobs and earn to sustain their standard of living or even increase their standard of living depending on their salaries. B. Average Years in School Education is very important in everyone’s lives. It is our foundation of knowledge which will reflect us. Even though going to school and doing homework are boring, we will still benefit from it because we learn and by learning we become mature and responsible.According to (Weisberg & Meltz), the higher the level of education or the years in school of a person, the 6 lower will be the unemployment rate. Which make sense since people are educated, they will have decent jobs and they can even create their own firm or business thus promoting employment. C. Population Population in a country is always increasing and that is inevitable. Population is also a determinant of unemployment. Based on the research paper of (Rafiq, Iftikhar, Asmat, & Zahoor) entitled Determinants of Unemployment: A C ase Study of Pakistan Economy (19982008), population growth has a negative effect on unemployment.The results of their tests show that when the population is increasing, unemployment also increases which is bad for every economy. Rapid growth in population is bad because it will only increase unemployment further. There will be pressure in employment since many people don’t have any job, unemployment will increase. Moen (1999) argues that in the competition for jobs, workers will prefer to have higher degree attainment so that they will have an edge over the other workers. With the preference of increasing a person’s educational attainment, the rate of unemployment will decrease. Nickell, 1979; Moen, 1999). D. Literacy Rate Literacy is important just like education. People must be literate in order to fit in the norm. According to the article Literacy and Unemployment, people who are illiterate have disadvantages because they cannot read and right, thus they will be mo re likely to be 7 unemployed. It is also stated in the article that once people get part of the unemployment cycle, it will be difficult for them to break it and because of long term of being unemployed they will feel discourage and therefore will lack self confidence. 8 III. OPERATIONAL FRAMEWORKA. Model Specification totunem = ? 1 + ? 2litrate + ? 3yearisnch + ? 4gdp + ? 5totpop + ? B. List and Description of Variables Before we proceed to the a-priori expectations of each exogenous variable to the endogenous variable and the discussion of the results, we must describe first the components of the model. The model is comprised of both the exogenous variables and the endogenous variable. The exogenous variables or the independent variables are not affected or determined by any other variables in the model unlike the endogenous variable which depends on the exogenous variable.Table 1 will tells us a brief description of the variables used in the model Table 1. Names of Variables Used and Descriptions Description This quantitative variable pertains to the total unemployment rate of all the countries in the world for the year 2000. lirate This quantitative variable pertains to the literacy rate of all the countries in the world for the year 2000. yearinsch This quantitative variable pertains to the average year in school of an adult ages 15 and up of all the countries in the world for the year 2000. dp This quantitative variable pertains to the gross domestic product of all the countries in the world for the year 2000. Variables totunem 9 totpop This quantitative variable pertains to the total population of all the countries in the world for the year 2000. C. A-priori Expectations The a-priori expectations capture the effect of an increase in the exogenous variables to the endogenous variable which in out model is totunem. The a-priori expectation are taken from the review on related literature a while ago.Note however that the a-priori expectation does not cover the magnitude of their relationship. It only tells the direction of their relationship. A positive sign implies that the exogenous variable has a positive relationship with the endogenous variable and a negative sign implies otherwise. The magnitude of their relationship will be discussed later on. Table 2 shows the relationship if the variables, their signs and the intuition behind it. Table 2. Variables, Sign and Intuition Exogenous Variable: totunem Signs Intuition + Literacy is very important to everyone because it is a social norm.Therefore it has a positive effect on unemployment because when literacy increases, it implies that people learned and attended school. Companies will hire them so there will be a decrease in the unemployment rate. Variables lirate 10 yearinsch +/- An increase in yearinsch doesn’t necessarily mean that you finished every level successfully. It can also mean that your year in school increases because you always fail in school. If the increase i n average years in school is positive, people will be able to work or create businesses that give job opportunities to the unemployed.But if the increase in average years in school is negative, it implies that people didn’t learn and therefore they will have a hard time looking for a job because companies will only accept people who performed well in school gdp + An increase on GDP will promote employment because when the government expands by building infrastructures, it gives job opportunities to those unemployed thus alleviating the unemployment. totpop – An increase in total population will have negative effect on unemployment.It means that when the total population increase, more people will now demand for a job creating a pressure towards the unemployment and if the government cannot supply the increasing population with jobs, they will severely increase the unemployment rate. 11 IV. METHODOLOGY A cross sectional data comprising of 65 countries all over the world for the year 2000 was used in the study. All of the data sets were obtained from the World Bank data sets. The researcher will use the software program Gretl to estimate the model. With this software, the coefficients of the exogenous variables will be obtained.A lin-lin type of model is used in this study and the Ordinary Least Squares approach will be used. After regressing the data, several outputs will be obtained like the coefficients, standard error, p-value and Rsquared to mention some. The model will now be subjected to various tests to check for any CLRM violations namely multicollinearity and heteroscedasticity. Autocorrelation is not present in this model since we are using a cross sectional data. To test for multicollierity, the auxiliary regression and the Variance Inflation Factor (VIF) will be used.To check for the presence of heteroscedasticity, both the Breusch – Pagan Test and the White’s Test will be used. After the tests, if there are presence of m ulticollinearity and heteroscedasticty, corrective measures should be applied in order to correct the model. The Ramsey’s RESET is a test for misspecification errors in the model. The interpretation of the results will be also showed after every test on the model. 12 V. EMPIRICAL RESULTS AND INTERPRETATIONS A. Regression of the Original Model The regression results shown below are obtained by using the Ordinary Least Squares method also known as the OLS method.Model 1: OLS, using observations 1-65 (n = 11) Missing or incomplete observations dropped: 54 Dependent variable: totunem coefficient std. error t-ratio p-value ———————————————————–const 14. 6143 6. 02794 2. 424 0. 0516 litrate -0. 344479 0. 129558 -2. 659 0. 0376 yearinsch 3. 48303 1. 04882 3. 321 0. 0160 gpd -1. 34898e-011 5. 94827e-012 -2. 268 0. 0639 totpop 1. 08535e-08 5. 83976 e-09 1. 859 0. 1124 Mean dependent var Sum squared resid R-squared F(4, 6) Log-likelihood Schwarz criterion 6. 200000 40. 74309 0. 740853 4. 288221 -22. 80997 57. 60942 S. D. ependent var S. E. of regression Adjusted R-squared P-value(F) Akaike criterion Hannan-Quinn * ** ** * 3. 965098 2. 605862 0. 568088 0. 056084 55. 61995 54. 36586 Excluding the constant, p-value was highest for variable 5 (totpop) The results from the initial regression are shown above. We need to look at several values in interpreting the results for our model. We need to look first the coefficients and the pvalue but what do these things tells us about our model. Since our model is linear, the coefficient basically tells us the effect of a unit increase in the exogenous variables to the 3 endogenous variables. It is interpreted like this, a unit increase in an independent variable will increase or decrease the dependent variable by the coefficient value. The p-value shows us the individual significance of the exogenous variables. For the exogenous variables considered to be significant, the p-value should be less than or equal to the risk level of 0. 05 at a 95% confidence interval. The next thing that we need to look at is the R-squared or the goodness-offit. It tells us how many percent of the endogenous variable are explained by the exogenous variables.The value of r-squared should be multiplied by 100% to be in percentage form. Interpreting the above model, it shows that a unit increase in litrate and yearinsch, totunem will decrease by 0. 344479 and increase by 3. 48303 repectively. These two variables are seen to be significant to our model with a p-value of 0. 0376 and 0. 0160 respectively. The other two variables which are gdp and totpop are seen to be insignificant in our model with a p-value of 0. 0639 and 0. 1124 respectively. With a unit increase in gdp and totpop, totunem will decrease by -1. 4898e-011 and increase by 1. 08535e-08 respectively. We now look on the Rsqaured o f the model, as shown in the results above the R-sqaured has a value of 0. 740853 or 74. 08%. This implies that 74. 08% of the endogenous variables are explained by the exogenous variables. Note that these results and interpretation are only reliable if our model is free from any violation. These violations will be discussed later on and we will apply the corrective measure if necessary. 14 B. Summary Statistics Summary statistics, using the observations 1 – 65 (missing values were skipped) itrate yearinsch gpd totpop Mean 74. 787 6. 9008 3. 3822e+011 4. 5753e+007 Std. Dev. 20. 570 2. 8389 1. 2582e+012 1. 5949e+008 Median 79. 555 6. 8000 3. 7718e+010 1. 0467e+007 C. V. 0. 27505 0. 41138 3. 7202 3. 4859 Minimum 25. 654 0. 83900 2. 1546e+008 7. 8661e+005 Skewness -0. 66121 -0. 080552 6. 9480 7. 0442 Maximum 99. 767 12. 049 9. 8988e+012 1. 2626e+009 Ex. kurtosis -0. 67087 -0. 86711 49. 954 50. 864 litrate yearinsch gpd totpop The summary statistics shows us the details of our mo del. The mean, variance, skewness, and the kurtosis are the four moments of random variables.Discussing further, the mean measures the central tendency, it is basically the sum of all the values of the observation with respect to the total number of observation or the average. The variance measures how spread out or dispersed the variables are from the mean. If the values of the variance are far from the mean, then it implies that observation are scattered around the mean. The values of the variance should be small so that the observations are near to the mean. A dataset is negatively skewed if the value of the mean of the model is less than the median. This focuses more on the higher values than the lower ones.The positively skewed on the other hand tells us the other way around. 15 C. Testing for Misspecification in the Model RESET test for specification (squares and cubes) Test statistic: F = 0. 727289, with p-value = P(F(2,4) > 0. 727289) = 0. 538 RESET test for specification (c ubes only) Test statistic: F = 0. 874685, with p-value = P(F(1,5) > 0. 874685) = 0. 393 RESET test for specification (squares only) Test statistic: F = 0. 664374, with p-value = P(F(1,5) > 0. 664374) = 0. 452 Misspecification occurs when there are important variables omitted. If the model is not correctly specified, the estimators will be biased and inconsistent.Also, the error term is not estimated correctly. Because of the misspecification errors, the statistical significance of the variables will give us misleading conclusions. To be sure that our model is correctly specified, we run the Ramsey’s RESET test. The results above are from the Ramsey’s RESET test, this is the general test to check for misspecification of error in out model. There will be a null hypothesis that will be tested here which is Ho: there is no misspecification and the alternative hypothesis will be Ha: there is misspecification. To interpret the results above, we need to look at the p-values o f the three results.You will notice that all of the p-values are greater than the significance level of 0. 05, therefore there is no evidence that we need to accept the alternative hypothesis and we have no reason to reject the null hypothesis which tells us that there exist no misspecification of error. We can say confidently that the model is not misspecified. 16 D. Testing for Multicollinearity Multicollinearity exists when the independent variables are related to one another (Gujarati and Porter, 2009). It means that there is a linear relationship among the independent variables.This is one of the classical linear regression violations and this is usually present in multiple regressions. Gujarati and Porter (2009) also pointed out that even though there is a presence of multicollinearity, the estimates are still BLUE. With the presence of multicollinearity, the standard error of the variables become larger than what their values should really be. Therefore the estimation will be difficult to determine whether it is precise or not. To know if the model exhibits multicollinearity, the model should be tested it and the Variance Inflation Factor (VIF) must be examined.If the VIF of the independent variables exceed 10, then multicollinearity exists between the exogenous variables and corrective measures are taken in order to eliminate the multicollinearity between the variables. Variance Inflation Factors Minimum possible value = 1. 0 Values > 10. 0 may indicate a collinearity problem litrate yearinsch gpd totpop 5. 011 4. 724 4. 890 4. 480 VIF(j) = 1/(1 – R(j)^2), where R(j) is the multiple correlation coefficient between variable j and the other independent variables Properties of matrix X'X: 1-norm = 1. 8146616e+024 Determinant = 3. 3597218e+046 Reciprocal condition number = 9. 335124e-026 17To interpret the results above, we need look at the individual VIF of the exogenous variable whether multicollinearity exists or not. If the VIFs of the exogenous variables are less than 10, it implies that multicollinearity is tolerable and there are no corrective measures to be applied. But if the value of the VIF are greater than 10, then severe multicollinearity exists and the necessary correction should be done. As seen in the results above, the VIFs of the exogenous variables are less than 10 which implies that the CLRM assumption of multicollinearity is tolerable in the model thus, it does not require any corrective actions.E. Testing for Heteroscedasticity Heteroscedasticity is also a classical linear regression model (CLRM) violation that is usually present in panel data and cross sectional data sets. This problem violates the assumption that the model exhibits constant variance as the sample size increases. Therefore, if anyone still continues with the normal testing procedures even though heteroscedasticity is present, whatever the conclusion one draw from the results may be misleading (Gujarati and Porter, 2009). In order to know whether our model exhibits heteroscedasticity, we need to perform the Breusch-Pagan Test or the White’s Test.Let us look first at the result for the Breusch-Pagan Test for heteroscedasticity. Breusch-Pagan test for heteroskedasticity OLS, using observations 1-65 (n = 11) Missing or incomplete observations dropped: 54 Dependent variable: scaled uhat^2 coefficient std. error t-ratio p-value ————————————————————const 0. 353903 2. 83863 0. 1247 0. 9049 litrate 0. 0400827 0. 0610102 0. 6570 0. 5356 yearinsch -0. 394681 0. 493903 -0. 7991 0. 4547 18 gpd totpop -1. 46506e-012 2. 07008e-010 2. 80111e-012 2. 75001e-09 -0. 5230 0. 07528 0. 6197 0. 9424Explained sum of squares = 2. 80998 Test statistic: LM = 1. 404991, with p-value = P(Chi-square(4) ; 1. 404991) = 0. 843327 Ho: Constant Variance vs Ha: Heteroscedasticity exists As we can see from t he results above, the p-value is 0. 843327 which is greater than the 0. 05. Thus, the null hypothesis which tells us that our model exhibits a constant variance must be accepted and the alternative hypothesis to be rejected. Let us also use the White’s test for heteroscedsaticity to check whether the results from the Breusch-Pagan test performed above is the same with here.White's test for heteroskedasticity OLS, using observations 1-65 (n = 11) Missing or incomplete observations dropped: 54 Dependent variable: uhat^2 coefficient std. error t-ratio p-value —————————————————————const -111. 711 169. 951 -0. 6573 0. 5785 litrate 3. 22957 5. 32033 0. 6070 0. 6056 yearinsch 0. 271900 18. 2904 0. 01487 0. 9895 gpd 2. 20028e-011 9. 24076e-011 0. 2381 0. 8340 totpop -7. 59484e-09 1. 24364e-07 -0. 06107 0. 9569 sq_litrate -0. 0208996 0. 033 1887 -0. 6297 0. 5932 sq_yearinsch -0. 142336 1. 28197 -0. 1110 0. 9217 sq_gpd 0. 000000 0. 000000 -0. 437 0. 7639 sq_totpop 0. 000000 0. 000000 0. 2166 0. 8486 Unadjusted R-squared = 0. 470293 Test statistic: TR^2 = 5. 173227, with p-value = P(Chi-square(8) > 5. 173227) = 0. 738911 Ho: Constant Variance vs Ha: Heteroscedasticity exists 19 The results from the White’s test give us the same intuition as the Breusch-Pagan Test. The p-value here is 0. 738911 which is greater than 0. 05. Based on the results, we should accept the null hypothesis and reject the alternative hypothesis. Since both of the test’s that was performed have a p-value greater than 0. 05 which implieas that they are insignificant.We should accept the null hypothesis which is the model exhibits a constant variance and reject the alternative hypothesis. There is no heteroscedasticity in the model. 20 VI. CONCLUSION Based on the results in the regression, we can conclude that all of the exogenous variab les except for yearinsch match our a-priori expectations. The results after regressing the model shows that litrate, gdp are significant thus we can say that they are indeed factors in determining unemployment. The variable totpop is insignificant because when population increase, it doesn’t mean that there will people already available to work immediately.But the review on related literatures proved that when population increases the unemployment rate will also increase eventually. As for the variable yearinsch, this is most significant variable among the four exogenous variables. The effect of this variable captures the negative effect. As said in the a-priori expectations, years in schooling may continue to increase because of poor performance in school, thus the students will repeat again and again and again, Yes it increases the years of schooling but it implies a negative effect.People will end up unemployed since they are not doing well in school. The government plays an important role in maintaining a low level of unemployment. They will not be able to achieve its goal of having full employment but the government can provide job opportunities to alleviate unemployment. The people should also do their part in order for them not to be part of the unemployed by simply performing well in school and aim for higher level of education. 21 VI. BIBLIOGRAPHY Abuqamar, M. , Coomans, D. , & Louckx, F. (2011, January).Correlation between socioeconomic differences and infant mortality in the Arab World (1990-2009). International Journal of Sociology and Anthropology Vol. 3(1) , 15-21. Gujarati, & Porter. (2009). Basic Econometrics. USA: John Weily and Sons. Hussain, T. , Siddiqi, M. , & Iqbal, A. (2010). A Coherent Relationship between Economic Growth and Unemployment: An Empirical Evidence from Pakistan. International Journal of Human and Social Sciences , 332-339. Literacy Fact Sheet. (n. d. ). Retrieved from Northwest Territories Literacy Council: http://w ww. nwt. literacy. a/litfacts/LiteracyandUnemployment. pdf Rafiq, M. , Iftikhar, A. , Asmat, U. , & Zahoor, K. (n. d. ). DETERMINANTS OF UNEMPLOYMENT:A CASE STUDY OF PAKISTAN ECONOMY (1998-2008). Abasyn Journal of Social Sciences Vol. 3. No. 1 , 17-24. The effects of education on the natural rate of unemployment. (2008, 4 1). Retrieved 4 7, 2011, from Goliath: Business knowledge on demand: http://goliath. ecnext. com/coms2/gi_0199-8128098/The-effects-of-education-on. html Weisberg, Y. , & Meltz, N. M. (n. d. ). Education and Unemployment in israel, 1976-1994: Reducing the Anomaly. 22