Financial Service Info

‘court’ asks a great question so I thought I’d post it here with an answer – enjoy:

I do not understand the effect of dummy variables in seasonal forcasting. WHat if I have a gift shop in a seasonal resort area that makes good money in summer, but not much in spring, fall and winter? If I were to do some forcasting with this business, whet effect would I get from puting in dummy variables as opposed to leaving out the dummy variables?

Answer: You’d wind up paying higher insurance costs for the dummy variables. Just fire their lazy asses. Who needs any more goddamn dummies running around?

Tagged:Economics

State Of Emergency Declared In Virginia

According to the National Weather Service and reports coming in from affected states, more than 40 people were killed from violent storms raging across the US Southeast.

A CNN meteorologist called the storms’ impact on North Carolina “epic.”

Among the worst hit areas was Bertie County, North Carolina, a rural area in the northeast part of the state. The weather service reported 14 deaths in the county. Zee Lamb, county manager, said there were 11 fatalities.

More than 50 people were taken to hospitals in Greenville, and between 50 and 70 homes were destroyed, Lamb said.

“Reports are still incoming,” Mike Sprayberry, deputy director of the North Carolina Division of Emergency Management, said Sunday morning.

The death toll across six states includes another 9 in other parts of North Carolina; 4 in Virginia; 7 in Alabama, 2 in Oklahoma, 7 in Arkansas, and 1 in Mississippi.

Virginia Gov.

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Savings Accounts and Money Market Rates provided by 11 April 2011 It’s that time of year again: High school seniors around the U.S. – the world for that matter – are receiving decision letters from colleges and universities. It’s a nerve-wracking time for sure, but once you’re gotten that coveted acceptance letter from your first choice school, you have some big decisions to make.

Deciding which college you’ll attend is a big decision. You’re going to spend the next four years of your life immersed in a school and it’s important to make sure the school you decide to attend is a good fit for you. While many prospective college students fret over which college has the best social life or sports teams, they should also ask themselves a very important question when choosing a school: What college will give me the best return on my investment?

Higher education in the U.S. is not cheap – that’s for sure. Read all post…

The balance sheet is important to business operations in general. It provides a snapshot of what the company owns and what they owe to outside sources. The balance sheet is also known as a profit and loss account. By either name, this special form of financial statement provides great insight into an organization’s holdings.

Breaking Down the Balance Sheet

To clarify, a balance sheet shows how much money the organization has, how much property they own, and most importantly, how much money they owe. This is beneficial for outside sources to view – bankers, investors, and even potential creditors.

The balance sheet is broken down into several sections. Each section is grouped by liquidity – that is, how easily the particular asset can be converted into cash. The first section is short term assets. Within this category, cash is listed first, followed by near cash assets. Near cash assets are assets that can be easily converted into cash. Accou

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PATA and Space Tourism with CNN Richard Quest

“We are all absolutely fascinated”, said Richard Quest, presenter & anchor of CNN discussing Space tourism at PATA’s 60th Anniversary Conference in Beijing on Monday.

On the panel was one of the leading entrepreneurs in the space industry, Eric Anderson, Chairman and Cofounder of Space Adventures, has led the development of commercial human spaceflights and the space tourism industry since its inception. He was joined by Mr. Yu Dengyun, puty Director Genreal, Committee of Science and Technology, China Aerospace Science and Technology Corporation (CASC)

As the main contractor for the Chinese Space Program, CASC has immense expertise in the development and manufacture of spacecraft and launch vehicles.

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Shuddup Libs! asks the question: Example I found:

How could the picture be ‘painted’ any more vividly? Just compare the population differences… While the jews have been benefiting the rest of world in many fields what have the dogs of war been doing for the benefit of the world…

The Global Islamic population is approximately 1,200,000,000 ONE BILLION TWO HUNDRED MILLION or 20% of the world’s population. They have

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Studies have revealed that sickness absence, from short-term and longer-term sickness, is one of the major reasons for employee absences. Stress is also emerging as a major factor with its impact higher compared to earlier periods.

Any absence management program would hence require special focus on sickness absence.

Different Kinds of Sickness Reported for Sickness Absence

Minor illness such as colds, flu, stomach upset and headaches are the most frequently reported kinds of sickness, among both manual and non-manual employees. Employees might just call in sick reporting such problems.

Manual workers engaged in physically demanding work tend to suffer more from physical ailments like back pain and musculo-skeletal injuries. For non-manual employees stress is a major problem, with one study reporting it as the second most frequent type of sickness, after minor illnesses.

Recurring medical conditions is another major contributor to sickness absence.

Stress-Related Sickness Absences

Excessive and sustained pressure of work can lead to stress when it goes beyond acceptable levels of pressure.

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