Study on Financial Analysis of Britannia Essay Example for Free

Study on Financial Analysis of Britannia Essay The total food production in India is likely to double in the next ten years and there is an opportunity for large investments in food and food processing technologies, skills and equipment, especially in areas of Canning, Dairy and Food Processing, Specialty Processing, Packaging, Frozen Food/Refrigeration and Thermo Processing. Fruits Vegetables, Fisheries, Milk Milk Products, Meat Poultry, Packaged/Convenience Foods, Alcoholic Beverages Soft Drinks and Grains are important sub-sectors of the food processing industry. A health food and health food supplement is another rapidly rising segment of this industry which is gaining vast popularity amongst the health conscious. India is one of the worlds major food producers but accounts for less than 1. 5 per cent of international food trade. This indicates vast scope for both investors and exporters. Food exports in 1998 stood at US $5. 8 billion whereas the world total was US $438 billion. The Indian food industries sales turnover is Rs 140,000 crore (1 crore = 10 million) annually as at the start of year 2000. The industry has the highest number of plants approved by the US Food and Drug Administration (FDA) outside the USA. Indias food processing sector covers fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc. We cover an exhaustive database of an array of suppliers, manufacturers, exporters and importers widely dealing in sectors like the -Food Industry, Dairy processing, Indian beverage industry etc. We also cover sectors like dairy plants, canning, bottling plants, packaging industries, process machinery etc. The most promising sub-sectors includes -Soft-drink bottling, Confectionery manufacture, Fishing, aquaculture, Grain-milling and grain-based products, Meat and poultry processing, Alcoholic beverages, Milk processing, Tomato paste, Fast-food, Ready-to-eat breakfast cereals, Food additives, flavors etc. India is one of the world’s major food producers but accounts for less than 1. 5 per cent of international food trade. This indicates vast scope for both investors and exporters. Food exports in 1998 stood at US $5. 8 billion whereas the world total was US $438 billion. The Indian food industry’s sales turnover is Rs 140,000 crore (1 crore = 10 million) annually as at the start of year 2000. The industry requires about Rs 29,000 crore in investment over the next five years to 2005 to create necessary infrastructure, expand production facilities and state-of-the-art-technology to match the international quality and standards. The office of the Agricultural Affairs of the USDA / Foreign Agricultural Services in New Delhi says that one of India’s proudest accomplishments has been achieving a tenuous self-sufficiency in food production and that the country produces a wide variety of agricultural products at prices that are at or below world values in most cases. The Indian palate is accustomed to traditional foods, mostly wheat and rice-based, rather than potato and corn-based western palate. In marketing perspective, this is considered an important factor for foreign marketers. The USDA report says initially consumer-ready food products may have to be tailored to include Indian spices and traditional ingredients. In addition to traditional tastes, there are other social factors which affect consumption in India. Hindus account for approximately 80 per cent of India’s population, and while only 25 or 30 per cent are strict vegetarians, beef slaughter is prohibited in all but two states (Kerala and West Bengal) and consumption of other meats is limited. Incidentally, India is the only country where the US-based MacDonalds sells its burgers without any beef content and even offers purely vegetarian burgers. India’s middle class segment will hold the key to success or failure of the processed food market in India. Of the country’s total population of one billion, the middle class segments account for about 350-370 million. Though a majority of families in this segment have non-working housewives or can afford hired domestic help and thus prepare foods of their taste in their own kitchens, the profile of the middle class is changing steadily and hired domestic help is becoming costlier. This is conducive to an expansion in demand for ready-to-eat Indian-style foods. India’s food processing sector covers fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc. According to latest official statistics, India exported processed fruits and vegetables worth Rs 5240 million in 1997-98. The horticulture production is around 102 million tones. Foreign investment since 1991, when economic liberalization started, stood at Rs 8,800 crore. Products that have growing demand, especially in the Middle East countries include pickles, chutneys, fruit pulps, canned fruits, and vegetables, concentrated pulps and juices, dehydrated vegetables and frozen fruits and vegetables. Another potential processed food product is meat and poultry products. India ranks first in world cattle population, 50 per cent of buffalo population and one-sixth of total goat population of the world. Buffalo meat is surplus in India. There is vast scope to set up modern slaughter facilities and cold store chains in meat and poultry processing sector. India’s current level of meat and meat-based exports is around Rs 8,000 million. In last six years foreign investment in this segment stood at Rs 5,000 million which is more than 50 per cent of the total investment made in this sector. Compared with meat, poultry industry has registered significant growth. India ranks fifth in the world with annual egg production of 1. 61 million tones. Both poultry and egg processing units have come in a very big way in the country. India is exporting egg powder, frozen egg yolk and albumin powder to Europe, Japan and other countries. Poultry exports are mostly to Maldives and Oman. Indian poultry meat products have good markets in Japan, Malaysia, Indonesia and Singapore. While meat products registered a growth of 10 per cent, eggs and broilers registered 16-20 per cent growth. There are about 15 pure line and grandparent franchise projects in India. There are 115 layer and 280 broiler hatcheries producing 1. 3 million layer parents and 280 million broiler parents. They in turn supply 95 million hybrid layer and 275 million broilers, day-old chick. Presently there are only five egg powder plants in India which is considered insufficient in view of growing export demand for different kind of powder whole egg, yolk and albumen. The scope of foreign investment and state-of-the-art technology in this field is therefore tremendous. Milk and milk products is rated as one of the most promising sectors which deserves foreign investment in a big way. When the world milk production registered a negative growth of 2 per cent, India performed much better with 4 per cent growth. The total milk production is around 72 million tones and the demand for milk is estimated at around 80 million tones. By 2005, the value of Indian dairy produce is expected to be Rs 1,000,000 million. In last six years foreign investment in this sector stood at Rs 3600 million which is about one-fourth of total investment made in this sector. Manufacture of casein and lactose, largely being imported presently, has good scope. Exports of milk products have been decimalized. Grains could emerge as a major export earner for India in coming years. India’s food grains production is now at around 225-230 million tones. These include rice, jawar, bajra, maize, wheat, gram and pulses. Indian basmati rice enjoys command in the international market. Besides growing Middle East market for basmati rice, many other countries are showing interest for this food grain. In 1998-99, export of basmati and non-basmati rice stood at Rs62000 million. There is a total rice milling capacity of 186 million tons in the country. Among plantation, tea emerged as major foreign exchange earner. India is the largest producer and exporter of black tea. However, the most worrying factor for Indian tea industry is that from early next year with the implementation of tea imports into the country, India tea may face a stiff competition within the country as well, specially threat of Sri Lanka’s presence in the Indian market is looming large. The current year’s tea export prospect is not that very good in terms of forex earnings because international prices have fallen significantly this year. India exports between150-170 million kilograms of tea per annum. Of course, the scope of foreign investment in this sector is good and the multinational tea companies would either be trying for marketing joint ventures with the Indian producers or acquire stakes in Indian tea companies. There is a strong possibility of third country exports through such joint venture as quality wise still Indian teas are ruling the international market. An alcoholic beverage is another are where India witnessed substantial foreign investment. Foreign investment in this sector stood at Rs 7000 million which about 70 percent of the total investment made so far. The IMFL (Indian Made Foreign Liquor) primarily comprises wine, vodka, gin, whisky, rum and brandy. Draught beer is a comparatively recent introduction in the Indian market. The Indian beer market is estimated at Rs7000 million a year. One of the major advantages for any investor eyeing the Indian liquor market is that India offers enough raw materials like molasses, barely, maize, potatoes, grapes, yeast and hops for the industry. Yet another catchy investment sector is fisheries. There is growing canned and processed fishes from India. The marine fish include prawns, shrimps, tuna, cuttlefish, squids, octopus, red snappers, ribbon fish, mackerel, lobsters, cat fish etc. In last six years there was substantial investment in fisheries to the tune of Rs 30,000 million of which foreign investments were of the order of Rs 7000 million. The potential could be gauged by the fact that against fish production potential in the Exclusive Economic Zone of 3. 9 million tones, actual catch is to the tune of 2. 87 million tones. Harvesting from inland sources is around 2. million tones. The biggest bottleneck in expanding the food processing sector, in terms of both investment and exports, is lack of adequate infrastructure. Without a strong and dependable cold chain vital sector like food processing industry which is based mostly on perishable products cannot survive and grow. Even at current level of production, farm produce valued at Rs 70,000 million is being wasted every year only because there is no adequate storage, transp ortation, cold chain facilities and other infrastructure supports.

South India and Maharashtra Essay Example for Free

South India and Maharashtra Essay Maharashtra is a state in the western region of India. It is the second most populous state after Uttar Pradesh and third largest state by area in India. Maharashtra is the wealthiest state in India, contributing 15% of the countrys industrial output and 13.3% of its GDP. Maharashtra is bordered by the Arabian Sea to the west, Gujarat and the Union territory of Dadra and Nagar Haveli to the northwest, Madhya Pradesh to the north and northeast, Chhattisgarh to the east, Karnataka to the south, Andhra Pradesh to the southeast and Goa to the southwest. The state covers an area of 307,731 km2 (118,816 sq mi) or 9.84% of the total geographical area of India. Mumbai, the capital city of the state, is Indias largest city and the financial capital of the nation. Maharashtra is the worlds second most populous first-level administrative country sub-division. Were it a nation in its own right, Maharashtra would be the worlds twelfth most populous country ahead of Philippines. Etymology The modern Marathi language developed from the Maharashtri Prakrit,[7] and the word Marhatta (later used for the Marathas) is found in the Jain Maharashtri literature. The terms Maharashtra, Maharashtri, Marathi and Maratha may have derived from the same root. However, their exact etymology is uncertain.[8] The most widely accepted theory among the scholars is that the words Maratha and Maharashtra ultimately derive from a compound of Maha (Sanskrit for great) and rashtrika.[8] The word rashtrika is a Sanskritised form of Ratta, the name of a tribe or a dynasty of petty chiefs ruling in the Deccan region.[9] Another theory is that the term is derived from Maha (great) and rathi or ratha (great chariot driver), which refers to a skillful northern fighting force that migrated southward into the area.[9][10] History The Nashik Gazetteer states that in 246 BC Maharashtra is mentioned as one of the places to which Mauryan emperor Asoka sent an embassy, and it is recorded in a Chalukyan inscription of 580 CE as including three provinces and 99,000 villages.[11][12] The name Maharashtra also appeared in a 7th-century inscription and in the account of a Chinese traveller, Hiuen-Tsang.[11] In 90 AD Vedishri,[13] son of the Satavahana king Satakarni, the Lord of Dakshinapatha, wielder of the  unchecked wheel of Sovereignty, made Junnar, thirty miles north of Pune, the capital of his kingdom. It was also ruled by Kharavela, Satavahana dynasty, Western Satraps, Gupta Empire, Gurjara-Pratihara, Vakataka, Kadambas, Chalukya Empire, Rashtrakuta Dynasty, and Western Chalukya before Yadava rule. Maharashtra was ruled by the Maurya Empire in the 4th and 3rd century BC. Around 230 BCE Maharashtra came under the rule of the Satavahana dynasty which ruled the region for 400 years.[14] The greatest ruler of the Satavahana Dynasty was Gautamiputra Satakarni. The Chalukya dynasty ruled Maharashtra from the 6th century to the 8th century and the two prominent rulers were Pulakesi II, who defeated the north Indian Emperor Harsha and Vikramaditya II, who defeated the Arab invaders in the 8th century. The Rashtrakuta Dynasty ruled Maharashtra from the 8th to the 10th century.[15] The Arab traveler Sulaiman called the ruler of the Rashtrakuta Dynasty (Amoghavarsha) as one of the 4 great kings of the world.[16] From the early 11th century to the 12th century the Deccan Plateau was dominated by the Western Chalukya Empire and the Chola dynasty.[17] Several battles were fought between the Western Chalukya Empire and the Chola dynasty in the Deccan Plateau during the reigns of Raja Raja Chola I, Rajendra Chola I, Jayasimha II, Somesvara I and Vikramaditya VI.[18] In the early 14th century the Yadava dynasty, which ruled most of present-day Maharashtra, was overthrown by the Delhi Sultanate ruler Ala-ud-din Khalji. Later, Muhammad bin Tughluq conqu ered parts of the Deccan, and temporarily shifted his capital from Delhi to Daulatabad in Maharashtra. After the collapse of the Tughlaqs in 1347, the local Bahmani Sultanate of Gulbarga took over, governing the region for the next 150 years. After the break-up of the Bahamani sultanate, in 1518, Maharashtra split into and was ruled by five Deccan Sultanates: namely Nizamshah ofAhmednagar, Adilshah of Bijapur, Qutubshah of Golkonda, Bidarshah of Bidar and Imadshah of Berar. These kingdoms often fought amongst each other. United, they decisively defeated theVijayanagara Empire of the south in 1565. Also present area of Mumbai was ruled by Sultanate of Gujarat before capturing by Portugal in 1535 and Faruqi dynasty ruled Khandesh region between 1382 and 1601 before Mughal annexation. Malik Ambar was the regent of the Nizamshahi dynasty of Ahmednagar from 1607 to 1626. During this period he increased the strength  and power of Murtaza Nizam Shah and raised a large army. Malik Ambar is said to be the one of proponent of guerilla warfare in the Deccan region. Malik Ambar assisted Shah Ja han wrestle power in Delhi from his stepmother, Nur Jahan, who had ambitions of seating her son-in-law on the throne. By the early 17th century, Shahaji Bhosale, an ambitious local general in the service of the Mughals and Adil Shah of Bijapur, attempted to establish his independent rule. His son Shivaji succeeded in establishing Maratha Empire which was further expanded by Bhonsle of Nagpur, Gaekwad of Baroda, Holkar of Indore, Scindia of Gwalior and Peshwas (prime ministers). The Marathas defeated the Mughals, and conquered large territories in Northern and Central parts of the Indian subcontinent. After the defeat at the Third Battle of Panipat in 1761, the Maratha restored their supremacy and ruled central and north India including New Delhi till the end of the eighteenth century. The Third Anglo-Maratha war (1817–1818) led to the end of the Maratha Empire and East India Company ruled the country in 1819. After Indias independence, the Deccan States, including Kolhapur were integrated into Bombay State, which was created from the former Bombay Presidency in 1950. In 1956, the States Reorganisation Act reorganised the Indian states along linguistic lines, and Bombay Presidency State was enlarged by the addition of the predominantly Marathi-speaking regions of Marathwada (Aurangabad Division) from erstwhile Hyderabad state and Vidarbha region from the Central Provinces and Berar. Also, southernmost part of Bombay State was ceded to Mysore one. From 1954–1955 the people of Maharashtra strongly protested against bilingual Bombay state and Samyukta Maharashtra Samiti under the leadership of Dr. Gopalrao Khedkar was formed. Mahagujarat Movement was also started for separate Gujarat state. Gopalrao Khedkar, S.M. Joshi, S.A. Dange, P.K. Atre and other leaders fought for a separate state of Maharashtra with Mumbai as its capital. On 1 May 1960, following mass protests and sacrifice of 105 human lives the separate Marathi-speaking state was formed by dividing earlier Bombay state into new states of Maharashtra and Gujarat. The demand of the local people of merging some of the Marathi speaking areas of Karnataka namely Belgaum, Karwar and Nipani is still pending. Geography Maharashtra encompasses an area of 308,000 km ² (119,000 mi ²), and is the  third largest state in India. It is bordered by the states of Madhya Pradesh to the north, Chhattisgarh to the east, Andhra Pradesh to the southeast, Karnataka to the south, and Goa to the southwest. The state of Gujarat lies to the northwest, with the Union territory of Dadra and Nagar Havelisandwiched in between. The Arabian Sea makes up Maharashtras west coast. Pune is located at the confluence of theMula and Mutha rivers. The Western Ghats better known as Sahyadri, are a hilly range running parallel to the coast, at an average elevation of 1,200 metres (4,000 ft). Kalsubai, a peak in the Sahyadris, near Nashik City is the highest elevated point in Maharashtra. To the west of these hills lie theKonkan coastal plains, 50–80 kilometres in width. To the east of the Ghats lies the flat Deccan Plateau. The Western Ghats form one of the three watersheds of India, from which many South Indian rivers originate, notable among them beingGodavari River, and Krishna River, which flow eastward into the Bay of Bengal, forming one of the greatest river basins in India. Protected areas Several wildlife sanctuaries, national parks and Project Tiger reserves have been created in Maharashtra, with the aim of conserving the rich bio-diversity of the region. As of May 2004, India has 92 national parks, of which six are located in Maharashtra.There are 4 project tiger areas in Maharashtra. viz Tadoba-Andhari, Melghat, Sahyadri and Pench. A large percentage of Maharashtras forests and wildlife lie along the western Ghats or western Maharashtra and eastern Vidarbha. Navegaon National Park Nagzira wildlife sanctuary Tadoba Andhari Tiger Projec Sanjay Gandhi National Park, also known as Borivali National Park is located in Mumbai and is the worlds largest national park within city limits. Apart from these, Maharashtra has 35 wildlife sanctuaries spread all over the state. Aashadi Ekadashi is one of most important festivals celebrated across Maharashtra. It is also referred to as Wari and pilgrimage from all over Maharashtra, Karnataka and other parts of India walk to Pandharpur from their respective villages. Devotion to the god Ganesh is celebrated in the Ganesh Chaturthi festival in August–September of every year.[64] Town of Pen in Raigad district is famous for Ganesh Idols made of special Shadu Clay. Dagdusheth Halwai Ganpati,Lalbaugcha Raja, Shri Siddhivinayak Temple, Shri Ashtavinayakas are the major holy places for Maharashtrians.

Importance of Statistical Research in Medicine

Importance of Statistical Research in Medicine The Nepal Journal of Epidemiology is the first journal of its kind in Nepal. Our main objective in pioneering this journal is to attempt to provide a common platform for all researchers, particularly those doing epidemiological studies on prevailing public health problems in the community. We wish to make this journal one that follows standard criteria of scientific article writing with sound technical knowhow. We have introduced several initiatives to improve the quality, reporting, and transparency of research in general, and randomised trials in particular, by emphasising the importance of protocols. We offer to review protocols to improve trial quality and reduce publication bias. We consider submissions of randomised trials only if registered and accompanied by a protocol, which is sent with the manuscript to peer reviewers. All who use, receive, or pay for health-care interventions depend on guidance from reliable research findings and will want reassurance that medical researc h is credible. Essentially, Nepals research output is still small. More collaboration and partnerships between countries in different regions of Asia and externally must be fostered. Lack of investment in research should also be addressed by nations that are capable of investing more. Research in Nepal can and should flourish over the next decade. A brief review through almost any recently published medical journal will show that statistical methods play an increasingly important role in modern medical research. Many research papers quote at least one p-value to communicate their results while some present the results and the statistical analysis of medical data in relatively sophisticated and complex sets1-8. After extensive study of the available literature and from the personal experience in this domain, I would like to venture a few recommendations for the improvement of various aspects in medical research and its application. I believe that this brief discussion will be of great value to all professionals involved in medical research and its application. Medicine is a science of uncertainty and an art of probability, mused William Osler. Medical journals are a confluence of medicine, science and journalism-and are expected to have the values of all three. The science that underpins medicine is presented in journals, and most journals can point to landmark studies that changed medicine. Medical journals differ from scientific journals in that they are mainly read, not by scientists, but by practicing doctors. Medical journals will continue to be the main vehicle of scientific information for years to come, particularly where access to computer and internet facilities are relatively limited. Currently, the output-and rewards-of research are based almost entirely on published papers in scientific journals. Scientists in low-income and middle-income settings want an opportunity to analyze data for their populations according to their own priorities. They want to be in the frontlines of national and global conversations about their countr ys experiences. Evidence-based medicine provides several ways to quantify and communicate uncertainty, but does so from a probabilistic rather than a human perspective. We can divide Evidence based medicine/clinical epidemiology into two major methodological themes: statistical and implementation. The use and analysis of large trials, meta-analyses, systematic reviews, evidence hierarchies, cost-effectiveness analyses, and number needed to treat would come under the statistical while the improved access to evidence through literature searching, library and critical appraisal tools, guideline development, risk framing, etc. would be implementation. Researchers welcome clinical uncertainty as a source of knowledge gaps, whose answers will be meaningful to clinicians and patients. Clinical epidemiology bridges clinical practice and public health. Policies notwithstanding, despite suggestions to detect and eliminate research misconduct, training in research ethics, standards and responsible conduct is often minimal or absent in academia. The quality of medical journals depends on several factors involving three groups of people: namely the authors, the reviewers and the editors. Deciding who should be listed as an author is not simple, and too often the decision is made on the basis of power. The powerful are included, even when they have done nothing, and the weak are excluded, even though they have done most of the work. This unethical behaviour can become a major problem if the study proves to be fraudulent, as has happened many times. Sometimes journals receive coverage in the media that makes them squirm, particularly when they are exposed as having published research that is fraudulent. I worry that journals are being polluted by misconduct and that editors are not responding adequately. Scientific reading will enhance the quality of scientific writing. Critical reading and thinking will provide a relevant, interesting, feasible, ethical and novel research hypothesis. The author or researcher planning on a research study and publication should search in Medline, PubMed and other search engines for relevant reviews and literature of similar studies in world and national scenario. These studies must be examined for strengths and weaknesses, and the researcher must apply required modifications for new knowledge. It will help the author tremendously in the writing of the introduction, discussion and conclusion part of the manuscript. Before starting data collection, the researcher should decide upon the study design, target population, sample size and sampling method, inclusion exclusion criteria, study period, study variable, outcome measures and units of measurement, definition of all the terms and variables and their classification. After careful consideration, the methodology of data collection and the method of data analysis, including the computer packages and statistical methods, should be chosen. The instruments or questionnaire used to measure the variables should be described correctly and if others have developed them, referenced properly. A researcher should be well aware of the concepts of different types of data and variables, two types of errors (type I and type II errors), calculation of sample size, significance level, confidence interval, testing of hypothesis and power of the test1-11. Once these criteria are followed, the authors should allot paragraphs for each one of them in the material and methods part of the manuscript, thereby increasing the quality of the study. This meticulous planning and execution will be useful to new researchers in this area. The editorial management is a crucial part of the publishing process. The editors begin action with the receipt of the manuscript by directing the various steps of evaluation, correction and re-submission, until an editorial decision is taken to accept the paper as is, accept it after modification or reject it if it is unacceptable. They then make necessary text and layout editing. Due consideration is given to the statistical, multilingual and ethical aspects as well as to the overall uniformity of the terminology, nomenclature and style throughout the volume as a whole. Experts review plays a pivotal role on maintaining the quality of a medical journal. A reviewer is required to address a number of important aspects of the paper and to make recommendation concerning the acceptability of the paper. Findings of good research deserve to be presented well, and a good presentation is as much a part of the research as the painstaking collection and analysis of the data. Critical appraisal of 150 articles published in a reputed medical journal in Nepal reveals that in more than 70% articles experienced biostatisticians were not involved or substantially contributed (not co authored), more than 65% studies sample size calculation were wrong and 80% of the article with inadequate statistical details and wrong statistical tests. Critical reviewers of the biomedical literature have consistently found that more than half of the published articles (including scientific articles, published even in the best journals) that used statistical methods contained unacceptable errors 1-11. The term statistics here in this context, has a wider meaning and includes the methodology of research, study design, or epidemiological methodology etc 1-8. The major applications of biostatistics started in the middle of the 17th century in the analysis of vital statistics. After the early developments in vital statistics, the field of genetics was the next area that benefited most from the new statistical ideas emerging in the works of Charles Darwin (1809-1882), Francis Galton (1822-1910), Karl Pearson (1857-1936), and Ronald A. Fisher (1890-1962). Now, the fields of application and areas of concern of biostatistics include evidence based medicine, bioassays, public health, health service research, nutrition, environmental health, demography, epidemiology, surveys of human populations, community diagnosis, bio-mathematical modelling, clinical trials, brain imaging, genomics and proteomics. Computer-based statistical packages have not yet been given expertise to decide the correct method although they sometimes generate a warning message when the data are not adequate. The user of the package decides the method9. The real solution to poor statistical reporting will come when authors learn more about the statistical methods in research design and when statisticians are able to convey the importance of the methods used in the study to authors, editors, and readers; when researchers begin to involve statisticians from the beginning of research, not at its end; when manuscript editors begin to understand and to apply statistical reporting and editing guidelines; when the journals are able to screen the articles containing statistical analyses more carefully; and when readers learn more about how to interpret statistics and begin to expect and demand, adequate statistical reporting7. A researcher should never hesitate to ask for professional assistance from a biostatistician to plan the study or experiment. There may be valuable research going on in developing and financially less-privileged countries, but it usually does not reach international visibility, in spite of a large number of scientific journals in these countries. Such journals are not only invisible but by perpetuating a vicious circle of inadequacy, may be directly damaging to the local science and research culture. Journals should prevent this by constructing an editorial board including qualified editors from developed and developing countries in the editorial board. I recommend biostatisticians to join as editors and reviewers in order to help formulate journal policy, audit the quality of statistics in published papers, help produce statistical guidelines or checklists for authors, educate editors, provide explanatory statistical comments on published papers, and write expository articles about statistical matters in journals.

Labor Supply Responses to Taxes and Transfer Payments Essay -- America

A good understanding of labor supply reactions to tax and transfer policies is necessary for achieving related policy goals. Income support programs intend to alleviate poverty and create a more equitable society. However, the reaction of the labor supply can derail the intended results and need to be carefully evaluated for effective policy. Economic theory suggests that as taxes and transfer payments increase, the amount of hours and/or number of employees will decrease (Borjas 2005). The exception is transfer payments with work requirements, where the labor supply moves in the same direction as benefits. In the labor market, individuals have two basic choices: how many hours to work (intensive), and whether or not to work at all (extensive). If the labor supply has largely intensive reactions, certain types of programs, such as food stamps, are most effective, when EITC type programs are more effective for extensive reactions. Government tax and transfer policies affect the labor supply because when the real wage changes the labor supply reacts. This paper will look at the response of the U.S. labor supply to changes in taxes and transfer payments. It will determine if the response is concentrated towards intensive or extensive margins and observe the direction and magnitude of the changes. Understanding labor supply responses is crucial for governments desiring to reach intended policy goals. Labor market behavior can have significant long run effects on potential output. According to the Congressional Budget Office, the size and quality of the labor force, capital stock, and the efficiency of production, determine a country’s potential output. When policies influence relevant factors, such as the size of the labor force, the... ...e to participate at a paid wage lower than they would typically require. More people working expands the tax base while reducing the amount of transferred income. The government is able to collect more revenue and still provide a guaranteed income level. (Dickert et al.1995; Browning 1995). EITC type programs can help the government achieve its objectives with minimal negative effects to the economy. Not all labor markets have identical sizes or types of responses to government decisions. The direction and magnitude of each response will inform policy makers about optimal decisions. Section II of this paper reviews the empirical literature on tax and transfer policies and the labor market. Section III discusses the methodology. Section IV summarizes the results of this study. Section V presents the conclusion as well as identifies areas for further research.

Hill House :: essays research papers

Ever do something stupid to impress someone? Throughout a person’s life they will do something very ignorant or say something very stupid hundreds of times. Most of the time it is because they are trying to impress somebody or change their ways to make someone or others accept them. The story â€Å"Haunting of Hill House† has great examples of people changing just to fit in. The author Shirley Jackson, who died in 1965, was one of the most brilliant writers of her time. She was widely acclaimed for her hair-raising stories and novels of the supernatural. Although the â€Å"Haunting of Hill House† fits this description perfectly with its eerie description of supernatural tales of the happenings of Hill House; there is a more to it than hauntings. The story starts out with three guests being invited to the house to monitor any out of the ordinary occurrences in Hill House. Throughout the story the guests experience some ghostly moments. However during this one of t he guest named Eleanor changes her ways to fit in with the guests. Her actions show that society’s views on a person can lead that person to things they would never have thought of. One example would be when Eleanor told lies about herself and her past. Another example would be when Eleanor went around the house alone having no fear. Finally Eleanor became open and spoke out what was on her mind.   Ã‚  Ã‚  Ã‚  Ã‚  An example of society’s views on a person leading them to things they never thought of was when Eleanor became a liar and lied about her past. Today a lot of people are pressured so much by society to be a certain way they will lie about themselves to fit in with those certain people. In the story Eleanor feels that she does not fit in with the group of people who are staying at Hill House. She is a person with a lack of confidence so she feels she has to lie to feel accepted. â€Å"Theodora came through the bathroom door into Eleanor’s room; she is lovely, Eleanor thought, turning to look; I wish I were lovely.† This quote shows the lack of confidence she has. One of Eleanor’s lies was when she told the others she lived alone in an apartment. This is not true because she lives with her sister and her boyfriend in a house. The reason she told this lie was because Theo lived in an apartment with a friend so she felt Theo would not accept her. Hill House :: essays research papers Ever do something stupid to impress someone? Throughout a person’s life they will do something very ignorant or say something very stupid hundreds of times. Most of the time it is because they are trying to impress somebody or change their ways to make someone or others accept them. The story â€Å"Haunting of Hill House† has great examples of people changing just to fit in. The author Shirley Jackson, who died in 1965, was one of the most brilliant writers of her time. She was widely acclaimed for her hair-raising stories and novels of the supernatural. Although the â€Å"Haunting of Hill House† fits this description perfectly with its eerie description of supernatural tales of the happenings of Hill House; there is a more to it than hauntings. The story starts out with three guests being invited to the house to monitor any out of the ordinary occurrences in Hill House. Throughout the story the guests experience some ghostly moments. However during this one of t he guest named Eleanor changes her ways to fit in with the guests. Her actions show that society’s views on a person can lead that person to things they would never have thought of. One example would be when Eleanor told lies about herself and her past. Another example would be when Eleanor went around the house alone having no fear. Finally Eleanor became open and spoke out what was on her mind.   Ã‚  Ã‚  Ã‚  Ã‚  An example of society’s views on a person leading them to things they never thought of was when Eleanor became a liar and lied about her past. Today a lot of people are pressured so much by society to be a certain way they will lie about themselves to fit in with those certain people. In the story Eleanor feels that she does not fit in with the group of people who are staying at Hill House. She is a person with a lack of confidence so she feels she has to lie to feel accepted. â€Å"Theodora came through the bathroom door into Eleanor’s room; she is lovely, Eleanor thought, turning to look; I wish I were lovely.† This quote shows the lack of confidence she has. One of Eleanor’s lies was when she told the others she lived alone in an apartment. This is not true because she lives with her sister and her boyfriend in a house. The reason she told this lie was because Theo lived in an apartment with a friend so she felt Theo would not accept her.

A Trace of James Fenimore Cooper :: Biography Biographies Essays

A Trace of James Fenimore Cooper      In 1828 James Fenimore Cooper spent three months in England, chiefly to conduct business with his British publisher, Richard Bentley, and for most of that time he lived in London at 33 St. James Place. This is the way he described it in Gleanings in Europe: England:    We finally took a small house in St. James's Place, a narrow inlet that    communicates with the street of the same name, and which is quite near the    palace and the parks. We had a tiny drawing-room, quite plainly furnished, a    dining-room, and three bed-rooms, with the use of the offices, &c. for a    guinea a-day. The people of the house cooked for us, went to market, and    attended to the rooms, while our own man and maid did the personal service. I    paid a shilling extra for each fire, and as we kept three, it came to another    guinea weekly. (20)    As Donald Ringe and Kenneth Skaggs point out in their "Historical Introduction" to England, St. James Place represented "a most desirable location" (xvii). It is close to the centers of political power in England--St. James Palace, Buckingham Palace, and #10 Downing Street are not far away. Cooper's neighbors on the street included William Wilberforce and Samuel Rogers, a genial and well-connected writer; Lord Spencer and Sir James Mackintosh lived nearby as well.    The 33 St. James Place of Cooper's time no longer exists, but I wanted to visit the site anyway, to try to get a feel for what it meant for him to live there. If you walk from Trafalger Square to St. James Street, you can go along The Mall or Pall Mall, wide streets flanked by the gigantic architecture of Imperial Britain. St. James Place opens across St. James Street from the Pall Mall; Christie's, the famous auction house, is on the corner opposite. At the south end of St. James Street stands St. James Palace, an imposing brick castle with

Schools Have Come A Long Way Education Essay

Schools have come a long manner from being a homogenous establishment. The schools of today are diverse in every facet. The diverseness in categories are no longer limited to gender and race, but surpasses to kids who are high winners, low winners, and kids with disablement. The ability to learn every kid has new significance in schoolrooms. Differentiated direction is a method through which instructors can make every kid. Harmonizing to Anita Woolfolk ( 2011 ) differentiated direction is a flexible instruction method where lessons are individualized based on what the pupil needs. Differentiated direction is carried out in several ways that affect how a schoolroom runs. In an inclusive schoolroom differential direction ensures making every pupil ‘s demands and the chance for them to larn, win, and achieve. Since pupils presents are from many different background, civilization, accomplishments, and larning manner, most instructors are intimidated by the differences. However, there are wide assortment techniques to help instructors to make every pupil. In order to win in differentiated direction, instructors need to be after and give out clear instructions. They should anticipate the highest out of pupils though outlooks may change harmonizing to the kid needs. The instructor should assist pupils to accomplish by giving the appropriate appraisals, supportive environment, and instructional stuffs ; even pupils with mild to chair disablement still can prosecute in a normal schoolroom activity. In order to accommodate and to modify an inclusive schoolroom, Tomlinson ( 1999 ) stated some knowing rules in assisting every pupil to accomplish. They are ; assessment and direction are inseparable and instructor and pupils collaborate in larning and many more. Teachers need to constantly look back to modify his or her lesson and adjust to a degree that all pupils can to the full prosecute in it. Collaborate acquisition is great for interactions between the instructor and the pupil. Connections make advancement in making and lending a good environment. In add-on, differentiate content, procedure, merchandises, and larning environment is what most instructors look for in an inclusive schoolroom. How do pupils entree information that they do non understand, or how and what the pupil needs to larn? Showing auditory and ocular lessons are inevitable because when pupils see and hear information at the same clip, they develop more ideas and will be more engaged in the schoolroom. For pupils with larning disablements, grouping and reorganizing based on their involvement are necessary. Teachers can get down with simple in writing organisers like KWL charts. In an inclusive schoolroom, some pupil may be extremely accomplishing and some may non be as the advanced pupils, therefore instructors should maintain every pupil in the category busy. Highly accomplishing pupils may work on more ambitious undertaking while instructor can work separately with LD pupils. In order to make so, instructors ‘ clip direction is significantly of import. The sum of clip instructors should pass on a pupil may change. He or she is to supply extra support for fighting scholar and give encouragement for advanced scholars. Grouping in schoolrooms plays an of import function in how differentiated direction is carried out. Two types of grouping found common are ability grouping and flexible grouping. Ability grouping is defined as grouping pupils in groups of two or three harmonizing to their ability. John Hollifield ( 1987 ) references it as one of the oldest and most controversial grouping methods. Ability grouping can be farther divided into between category and within category ability grouping. Between category ability grouping is when kids from different schoolrooms or classs are separated into groups harmonizing to their ability within a capable affair. Within-class ability grouping trades with pupils of an single category being grouped harmonizing to their abilities. Ability groupings are put together so that kids can work at their ain gait. The high winners can vie with the other high winners and excel while the low winners and the kids with disablement are put in groups where they are given exce ss attending. Some of the statements presented against ability grouping are that they do non allow the low achieving pupils get challenged by the high achieving pupils. The groups might ever remain the same which might take to labeling for pupils by the other pupils. Labeling can besides take to self carry throughing prognostication. Students will get down believing that they will ever remain as low winners. Harmonizing to Hollifield ( 1987 ) groups should be little and should invariably be changed due to reappraisals of kids. Flexible grouping was created maintaining the disadvantages of ability grouping in head. Harmonizing to Michael Ford ( 2005 ) grouping should change invariably. In flexible grouping the size of the groups vary from clip to clip. There is no set type of grouping for the whole twelvemonth. Groups are no longer homogenous but are heterogenous ; kids are no longer grouped harmonizing to their ability or disablement. Students are invariably reassessed and put into different groups. Children acquire opportunity to work with everybody in the schoolroom. Differentiated direction is achieved through integrity. Along with coming up with assorted grouping methods in the schoolroom, learning techniques are besides taken into consideration in differentiated direction. Teachers are responsible for taking into consideration the lesson/subject every bit good as the pupils go toing the lesson. It is through differentiate direction that instructors are able to see and steer pupils toward their function as an active participant in the schoolroom. This procedure is performed through invariably measuring pupil ‘s advancement by inquiring inquiries, making chances for pupils, supplying support along with making an environment most good for the pupil. The direction is differentiated to run into the demand of each pupil. It is through differentiated direction that pupils, instructors and the course of study interact every bit good as work separately. The â€Å" cog † of distinction demonstrates this relationship of association and disassociation. It exhibits the pupils as taking the function of searcher in cognition. It demonstrates the instructors as taking the functions of a guider/provider of cognition. It establishes the course of study as the construction for both the searcher and the guider of cognition. Differentiated Instruction provides opportunities to single growing. It focuses on student-based instruction that is made up of combination of different larning manners to implement huge acquisition. Harmonizing to Tulbure ( 2011 ) , â€Å" differentiate direction on the degree of higher instruction is represented by the distinction upon personal acquisition manners † ( 80 ) . If pupils are presented with differentiate direction that provides a method that works for them, it helps bring forth a positive mentality for pupils towards their engagement in academic accomplishment and success. The advantages of differentiated direction is that it promotes single difference, provides equal chances for all pupils, provides flexibleness and is pupil centered that p romotes pupil ‘s demands. The disadvantages of differentiated direction is that it loses the pupil ‘s involvement towards larning as excessively much is taken up in showing the activity. It leads to troubles in seting a whole-class direction, which reduces flexibleness. Differential direction has assorted pros and cons and has impacted the manners of direction in instruction. Another facet that plays a function on differentiated direction is engineering. Technology has become an indispensable constituent of the instruction system and the society. Today ‘s schoolrooms are enriched with diverse engineering such as smart boards, laptops, ipads, clicker, etc. It has made mundane learning engineering based without which schoolrooms have become unable to work. Technology has become highly valuable for schoolroom scenes, pupils and instructors. It has changed the society and coevals norm. Peoples of western states have become so involved with technological appliances that they are known as the â€Å" digital indigens. † Harmonizing to Mostmans, Vleugels and Bannier ( 2011 ) research has demonstrated that it has become an of import facet in development of the young person. It provides them with a digital manner of acquisition and instruction. It implements creativeness, geographic expedition and possible growing. It besides promotes individualism along with personal growing. Students are able to utilize their creativeness and do their ain picks in faculty members. The research workers besides stress that engineering in schoolrooms provides pupils with a new manner of geographic expedition, communicating and coaction. They suggest the production of new plans which will assist convey pupils together and assist them to dispute themselves intellectually. Computer-supported collaborative acquisition ( CSCL ) expresses that pupils should work together and that acquisi tion does n't take topographic point in isolation but jointly. Students will larn by oppugning and happening out solutions with aid of one another. Technology is besides considered to be highly advantageous for young person with disablements. It is known by the term â€Å" assistive engineering, † any piece of machine that implements and improves larning in persons with disablement. It is the jurisprudence made by IDEA that requires particular instruction suppliers to provide assistive engineering to all pupils with disablement. There are three keys to depict distinction harmonizing to Ellis ( 1999 ) , which are â€Å" ( a ) aiming pupil ‘s Zone of Proximal Development – ZPD, ( B ) capitalising on pupil ‘s rational accomplishments and endowments, and ( C ) furthering reliable motive. † ( p.1, Holm ) . Reaching ZPD require instructors to pay close attending to the pupil ‘s demands so they are non assigned to a easy undertaking, or a highly hard undertaking. Capitalizing pupil ‘s accomplishments and endowments can broaden their strengths and back up their failings. Giving the right motive can assist kids to reapply the same accomplishments in their day-to-day life. Making appropriate and effectual undertakings motivated pupils to take part as a squad. It helps the schoolroom go student-centered. Alternatively of the old manner manner, where the instructor entirely reads to the category, instructors are now concentrated on how a pupil performs in forepart of their equals. C lassroom activities are interactions between pupils and pupils, every bit good as pupils and instructor. If there is a peculiar LD pupil that a teacher finds particularly ambitious, he or she should take the right attack by seeking support from IEP, Individualized Education Programs aid pupils to accomplish academic ends more easy. The Considerations Packet suggests, â€Å" IEP can supply a wealth of information sing pupil involvement, preparedness, and larning profile. † ( p.3, Holm ) . It narrows down to assist each single pupil in deepness. They focus on pupils and assist them carry through what they can make. They teach based on the pupil ‘s involvement and their suited accomplishment degree. Combining professional and general instructor in a differentiated schoolroom can better the schoolroom ‘s environment into a more efficient and effectual schoolroom. General instructor can concentrate on the whole and professionals can supply services to construct on success for LD pupils. Teacher outlooks are another factor that affects differential acquisition. It can impact the overall academic public presentation of pupils in school. When one thinks of instructor outlooks, the term may mention to instructors anticipating certain behaviours and degrees of public presentations from certain pupils. In other words, the term teacher outlook may connote inequalities. What is more, the effects and cultural fluctuations of teacher outlooks can impede pupil ‘s abilities to larn at their fullest potency. Harmonizing to Rubie-Davies, Hattie and Hamilton ( 2006 ) , there are two classs of teacher outlook effects: prolonging outlook effects and self-fulfilling prognostication effects ( p. 430 ) . First, prolonging outlook effects is when instructors expect pupils to execute a certain manner that was antecedently observed and may non take into history any alterations that pupils may do after. Second, the self-fulfilling prognostication provinces that instructors ‘ wrong outlooks can take pupils to execute and carry through this prognostication. Such a point of view can impede instructor ‘s perceptual experience that the pupil can non alter or better their public presentation, and this leads to the instructor sing the pupil as low accomplishing. One difference between prolonging outlook effects and self-fulfilling prognostication effects is that the latter â€Å" creates change in pupils ‘ public presentation, while prolonging outlook effects â€Å" thwart the potency for any alteration † ( 2006, p.430 ) . Furthermore, self-fulfilling prognostication effects are besides called Golem effects and Galatea effects ( Rubie-Davies et al. , 2006, p. 430 ) . Golem effects are negative effects and consequences from instructors ‘ low outlooks that can impede the academic public presentation of pupils, while Galatea effects are positive effects and consequences from instructors ‘ high outlooks that increase the academic public presentation of pupils ( p.430 ) . Furthermore, one factor that may act upon teacher outlooks is the race and ethnicity of pupils. A great trade of research has been done on how ethnicity influences teacher outlooks, and much of the decisions have been drawn the same: instructors are more likely to hold higher outlooks for white pupils and lower outlooks for minority pupils ( Rubie-Davies et al. , 2006, p. 430 ; Tenebaum & A ; Ruck, 2007, p. 253 ) . In one survey that observed the differences in teacher outlooks of the reading public presentation of Maori, Pacific Island, Asian and New Zealand European pupils, it was found that â€Å" sustaining outlook effects explained Maori pupils ‘ limited advancement, † and self-fulfilling prognostications may hold been operated among Pacific Island, Asian and New Zealand European pupils ( Rubie-Davies et al. , 2006, p. 439 ) . In another survey that collaborated several old informations on instructor outlooks toward minorities and European American pupils, â€Å" i nstructors were found to keep the highest outlooks for Asiatic American pupils, and held more positive outlooks for European American pupils than for Latino/a and African American pupils † ( Tenebaum & A ; Ruck, 2007, p. 253 ) . When instructors hold high and positive outlooks for certain pupils, they are more likely to dispute them, give prompts, call on them, and give support and encouragement. When the instructors hold low and negative outlooks for other pupils, the opposite is true. A possible ground why instructor outlooks vary along racial and cultural lines is because of the stereotypes that exist in society and the fact that instructors may keep onto them. For one, racism has been profoundly embedded in the history of the United States. Teachers may keep true to the theoretical account minority myth that Asians perform better in STEM classs. In the survey antecedently mentioned, instructors may hold hold true to the stereotype that Maori households do non value instruction ( Rubie-Davies et al. , 2006, ) . Whatever the grounds may be, it is crucially of import that instructors address their ain prejudices, stereotypes, and unjust positions of pupils, every bit good as their households. Teaching every kid means that every kid must hold an equal chance to instruction, and instructors play a critical function. In the terminal, the result is beautiful: every kid learns to their fullest potency, and they grow and mature with the necessary competence needed to len d to this quickly changing universe.