1. What is System Development Life Cycle?
System Development Life Cycle (SDLC) is a series of six main phases to create a hardware system only, a
software system only or a combination of both to meet or exceed customers expectations.
System is a broad and
1. Purpose of implementing an information System in an organization
All companies use information to set strategies and accomplish business objectives. But how many CEOs
and CIOs would say they are satisfied that their companies get maximum value from inf
1. Importance of information system in an organization
To gain the maximum benefits from your company's information system, you have to exploit all its
capacities. Information systems gain their importance by processing the data from company inputs to
Computers! Amazing machines! We are living in the computer age today. Most of our day-to-day
activities cannot be accomplished without using computers. Sometimes knowingly and
sometimes unknowingly we use computers. Whether we have to withdra
Differences Between OLS and MLE
We often try to vanish when the topic is about statistics. For some, dealing with
statistics is like a terrifying experience. We hate the numbers, the lines, and the
graphs. Nevertheless, we need to face this great obstacle
Advantages of Maximum likelihood Method
Maximum likelihood provides a consistent approach to parameter estimation
problems. This means that maximum likelihood estimates can be developed for
a large variety of estimation situations. For example, they can
Maximum Likelihood Methodology
Many statistical techniques were invented in the nineteenth century by experimental
scientists who personally applied their methods to authentic data sets. In these
conditions the limits of what is computationally feasible a
Principals of likelihood Method
Suppose there is a sample x1, x2, , xn of n independent and identically distributed
observations, coming from a distribution with an unknown probability density function f0().
It is however surmised that the function f0 bel
Definition of Maximum likelihood Method
A statistical method for estimating population parameters (as the mean and variance)
from sample data that selects as estimates those parameter values maximizing the
probability of obtaining the observed data.
MATRICES & USES [ R.S.S KAMALAWARNA - SS/2011/0401 ]
There are many uses for matrices in every day. One example of how matrices can be
used is with encryption. When a programmer encrypts or codes a message, he can
use matrices and their inver
Degree of Inflation
Depending on the percentage of inflation in a country, different
technology is use to explain the nature of the inflation.
This is a situation where the inflation rate is below 6% most Economists
would agree that this type of inflation
University of Colombo
Faculty of Graduate Studies
Masters of Development Studies (MDS) 2015/2016
MDS 6103: Statistical Applications in Development Economics
Assignment 1 Information
Answer all questions
20 December 2015, 03:00PM
Chapter 7: Costs and Cost Minimization
Consumers purchase GOODS to maximize
This consumption depends upon a
consumers INCOME and the PRICE of the
Firms purchase INPUTS to produce
This output depends upon the firms
FUNDS and the
Price Change: Income and
THE IMPACT OF A PRICE
Economists often separate the
impact of a price change into two
the substitution effect; and
b i i
the income effect.
THE IMPACT OF A PRICE
Sample Questions / Intermediate Microeconomics Exam #2
Thursday, March 27 HU 20
Fill in the missing entries in the following cost table:
The Relationship between Interest Rate and
Exchange Rate in India
The theoretical as well as empirical relationship between the interest rate and
exchange rate has been a debatable issue among the economists. According to Mund
Topic 1 The I-S Curve
The I-S curve sets out all the possible combinations of real income (y) and the interest rate ( r ) consistent with equilibrium in the goods market A change in the rate of interest, r, affects equilibrium national income
Kings University College
At the University of Western Ontario
"Of course, no reasonable man ought to insist that the facts are exactly as I have
described them. But that either this or something like it is a true
FISCAL POSITION REPORT
MINISTRY OF FINANCE AND PLANNING
FISCAL POSITION REPORT-2013
Issued under Section 10 of the
Fiscal Management (Responsibility) Act No. 3 of 2003
President and Minister of Finance an
Financial Crises and Impacts of Recent Financial Crises
on Sri Lanka1/
W. M. Hemachandra
Central Bank of Sri Lanka
The subject of financial crises has been widely addressed in the current
literature. A series of researches has
June 3, 2007
The Long Run and the Classical Model
1.1 What is macroeconomics? . . . . . . . . . .
1.2 Key concepts and conventions . . . . . . . .
1.2.1 Timescales . . . . . . . . . . .
Der Open-Access-Publikationsserver der ZBW Leibniz-Informationszentrum Wirtschaft
The Open Access Publication Server of the ZBW Leibniz Information Centre for Economics
The paradox of thrift and crowd
Research Center Working Paper Series No. 17
The Currency Board Arrangement: the case of Bulgaria and
the Boards Relevance to the Countrys Membership in the European Union
Undergraduate Major in Economics
Saint Anselm College
AGGRETATE DEMAND AND AGGREGATE SUPPLY
ARSC 1432 Macroeconomics Co-Seminar
recession: a period of declining real incomes and rising unemployment
depression: a severe recession.
THREE KEY FACTS ABOUT ECONOMIC FLUCTUATIONS
19.4. The static IS-LM model
Figure 19.4: Firm in a monopolistic competition long-run equilibrium.
plant and equipment of the rm.
It is this last feature that signies the presence of excess capacity even
in the long ru
Impact of Global Financial Crisis in a Small Open Economy: The
case of Pakistan1
The authors would like to acknowledge funding from the Poverty and Economic Policy (PEP) research network
which is finan
Let us flip a fair coin once (there is a fee).
If you win I give you $102. If I win, you give me $100.
How much fee will you pay me for playing the game: $5, $2, $1, $0?