Famous Smart People and Their ACT Score

Famous Smart People and Their ACT Score SAT / ACT Prep Online Guides and Tips If you are taking the ACT, you are following in the footsteps of a lot of other smart people! Universities use ACT scores as an indication of smarts and preparedness for college, but smart people do not always score high on the ACT test. In this article, I divulge the ACT scores of some reputedly smart people, politicians, CEOs, authors, etc. ACT Scores of Smart People At PrepScholar, we've gathered smart people’s ACT scores into the list below.Their ACT scores were discussed in interviews or found through research. Smart Person Known for ACT Score Alma Mater Sonia Sotomayor Associate Justice of the Supreme Court 35 Princeton Steve Jobs Co-founder of Apple 32 Reed College Barack Obama 44th and current President of the United States 30 Columbia University Lyndon B. Johnson 36th President of the United States 26 Texas State University William Faulkner Author 18 University of Mississippi *(Some of these scores may be unproven) While all of the above people took the ACT test, many others instead took the SAT, so we converted their SAT scores to the ACT scale: Smart Person Known for SAT Score ACT Conversion Alma Mater Paul Allen Co-founder of Microsoft 1600 36 Washington State University Steve Wozniak Co-founder of Apple 800 (in Math, full score unknown) 36 UC Berkeley Bill Gates Co-founder of Microsoft 1590 35 Harvard Ben Bernanke Economist / Former Chairman of the Federal Reserve 1590 35 Harvard Bill O'Reilly Political Commentator 1585 35 Marist College Rush Limbaugh Political Commentator 1530 34 Southeast Missouri State University Scott McNealy Businessman / Co-founder ofSun Microsystems 1420 32 Stanford Al Gore 45th Vice President of the United States, under President Bill Clinton 1355 30-31 Harvard Meredith Vieira TV Host 1300s 30-31 Tufts University Stephen King Author 1300s 30-31 University of Maine George W. Bush 43rd President of the United States 1206 26-27 Yale John Kerry Current Secretary of State 90 26 Yale Amy Tan Author 00s 24-26 Linfield College, San Josà © State University Bill Clinton 42nd President of the United States 1032 22 Georgetown Al Franken US Senator / Former SNL Comedian 1020 22 Harvard Howard Stern TV and Radio Personality 870 18 Boston University Clearly, scoring low on the ACT does not mean you will not achieve great success.Though, if you score high on the ACT, you will likely have the chance to attend a more prestigious universities and will have more opportunities open to you.So, although your score is not an indication of your smarts or of future success, you should still attempt to get a great score. Then, maybe someday, you'll get a cool portrait. So, how can you get the highest ACT score? Learn the ACT test format Being comfortable with the ACT test format is a huge advantage, especially because the ACT is a very time sensitive test (you have very little time to answer each question).To learn the test, check out our other free ACT articles: How Long is the ACT with Breaks?, How is the ACT Scored?, How to Get a Perfect ACT Score, by a 36 Full Scorer. Do lots of practice ACT tests Because the ACT is a time crunch, you should be practicing a lot of timed ACT tests (I recommend at least 5-7 before you take your official test) and reviewing all of the answers you got wrong.Check out all of the free ACT tests available in our other article. Consider using a paid resource to help you prep for the ACT If you like reading our free articles, you should check out our PrepScholar ACT prep programfree for 5 days.We divide our prep material into specific skill categories, and we'll figure out your weaknesses automatically and give you focused lessons and quizzes to improve those skills.For more paid study resources, check out our article on The 10 Best ACT Books Recommended for ACT Prep. What’s next? Check out our other ACT resources for help you maximize your score: Top 10 ACT Reading Tips: Use These and Improve The ACT Science Strategies You Must Be Using The Best Way to Approach ACT English Passages Disappointed with your ACT scores? Want to improve your ACT score by 4+ points? Download our free guide to the top 5 strategies you need in your prep to improve your ACT score dramatically. Have friends who also need help with test prep? Share this article! Tweet Dora Seigel About the Author As an SAT/ACT tutor, Dora has guided many students to test prep success. She loves watching students succeed and is committed to helping you get there. Dora received a full-tuition merit based scholarship to University of Southern California. She graduated magna cum laude and scored in the 99th percentile on the ACT. She is also passionate about acting, writing, and photography. Get Free Guides to Boost Your SAT/ACT Get FREE EXCLUSIVE insider tips on how to ACE THE SAT/ACT. 100% Privacy. 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Space Travel is Inevitable essays

Space Travel is Inevitable essays Even before Neil Armstrong made his first steps, people have dreamed about traveling amongst the stars. The Greeks used to tell stories of how the gods lived in the heavens above and described great treks of these deities. The Mayans used a calendar system based off of the stars and large murals that could only be seen from the skies above. This longing to explore has carried mankind to the moon and allowed us to view distant planets. Space exploration is good for mankind but some people see the cost and exclaim that funding could be better used else where. This is far from true. The possibilities of learning about our solar system, the new technologies available, and the differences in cost are all factors that promote space exploration. Planetary probes have already visited various planets and moons in our solar system allow people to learn more about the solar system in which we live. Nothing else has given the people the close-up view of the planets or their moons. No telescope can see the intricate details of the various surfaces these machines can record. Nothing else could provide mankind with the insight that there was life, even though minute, on Jupiters moons. With these probes the government has put into place, people are updating their view of the solar system. People are learning more about the many asteroids and comets and understanding how orbits affect those objects. We have a better understanding of what may occur if one of these asteroids collides with the earth and how it could be the end of mankind. By studying our solar system and devising a means to recognize what could cause a disaster, space exploration could mean the survival of the human race. The technologies provided by the space program have also contributed to the advancement to live here on earth. The kidney dialysis machine that helps so many people stay alive was created through the Apollo program. New insulin pumps can eliminate the need ...

Media and the International Olympic Movement Essay

Media and the International Olympic Movement - Essay Example Los Angeles placed the bid for hosting the 2016 Olympics, battling Tokyo, London, New York, Chicago, Paris, Madrid and Moscow for the honor. London was chosen as the host city for the 2012 games, receiving 54 of 104 votes by members of the International Olympic Committee. Interestingly, Atlanta has not submitted bids for hosting of Summer Olympic games Since 1996, while Los Angeles has submitted bids for several Olympic games. This could be due to the fact that the City of Atlanta invested so much money into building infrastructure, facilities and the relocation of public housing that it has yet to realize the kind of revenue that was expected to be generated by hosting the games in 1996. Atlanta was also plagued by the negative publicity surrounding the bombing that occurred in the nearby Olympic Village. New of the event made headlines globally for three consecutive weeks, and continued periodically for an extended period of time. Los Angeles city officials, on the other hand, plan ned for such events and other possible catastrophes or emergencies. It secured extra space for medical treatment facilities and extra public service workers to handle crime and traffic issues. The 1984 Summer Olympic Games went well without any major mishaps or negative newsworthy events. It can be argued that chance comes into play here. Emergencies that are unexpected tend to occur while those that are planned for do not.

Incidents in the Life of a Slave Girl, by Harriet A. Jacobs, Writing Essay

Incidents in the Life of a Slave Girl, by Harriet A. Jacobs, Writing as Linda Brent - Essay Example When that mistress, Margaret Horniblow died, everything changed for the worse for Harriet, who was willed to Dr. Norcom, the Dr. Flint in 'Incidents'. While he did not actually whip her, he sexually harassed the girl, an issue she seeks to expose in order to enlist the understanding and action of Northern white women; that a slave woman has no freedom either as a person or a woman. Flint makes this clear, often. It is difficult to select only three critical incidents in her life, but one has to be the suffering endured at the hands of both Dr. Flint and his jealous wife. The effect of this caused her to abandon her moral stance regarding purity, and almost lost her the allegiance of her grandmother. By the taking of a white lover, Lawyer Sands, (Samuel Treadwell Sawyer) and bearing him two children, she may be considered to be enslaving herself further. She explains that such action was a means of self protection, for Flint still tormented her, wishing to set her up as his mistress in a cottage somewhere, and she could not succumb to this form of enslavement. Instead, she chose to use her sexuality as a means of escape. The children do however, belong to Flint, but with the hope of them being set free, she removes herself, going into hiding for seven years in her grandmother's attic. This is another important, central issue to the story, for she shows her audience that she cannot be the mother to them she desires to be, but will sacrifice this for their freedom. The happy outcome of these actions means that Sands is able to buy the children from Flint, with the help of some subterfuge. "The darkest cloud that hung over my life had rolled away. Whatever slavery might do to me, it could not shackle my children, If I fell a sacrifice, my little ones were saved." (Chap. 19, p. 166) In Chapter 29, when she is ready to escape, after delays and prevarication, there is a bitter-sweet quality in her discussion with her son, who says, "Mother, I'm glad you're going away. I wish I could go with you...I have been so afraid they would come and catch you" (Chap. 29 p. 234) The escape, and what comes after it, signify a third important incident for Harriet/Linda, bringing about, as it does, a faith in the kindness of others (the Bruce family) but a bitter understanding that the Fugitive Law 1851 (Chap. 40) still robs her and her people of freedom. Regarding the standards of womanhood in 19th century America, Jacobs is aware of these and how she is deprived of the freedom to adhere to them. The ideal image of womanhood was that of motherhood, traditional homemaker, one who creates a place of love and security for her family, and who possesses the virtues of purity, piety and submission. At the same time, while nurturing the family, she must use her moral values, judged higher than the male of the species, to teach and develop her children. Jacobs is driven by this maternal instinct, the desire to secure freedom for her children, and to nurture them in a secure family unit, spiritually and physically. These elements are what she portrays to show evidence of 'respectability' in that society. On the other hand, the contradiction lies

Virtual Classroom Essay Example for Free

Virtual Classroom Essay In the rapidly changing way that information exchange takes place during our times, the Virtual Classroom Information System, or simply Virtual Classroom, demonstrates very effectively that technology can be explored and utilized to make new ways to do old things, and at the same time be more efficient in doing it. The Virtual Classroom is a web-based information system that basically allows a class to take place over the internet and through a website, breaking the restrictions imposed by distance. It provides a venue where students and teachers can meet, albeit virtually, and do the things that are normally done inside actual classrooms. Although communication is limited through the computer as compared to meeting personally, the Virtual Classroom provides alternative ways that were still effective in providing the users with the information they need. The Virtual Classroom provides functionalities for the following different kinds of users: system administrator, teacher, and student. The system administrator, or sysad for short, is not necessarily the system owner. The system owner is the school who bought a copy of Virtual Classroom and had it installed in a server to be used by that particular school. The system administrator is preferably someone from the school administration. The system administrator has complete control over the system as he/she is the one who has the highest privileges in accessing the system. It is up to the sysad to populate the database with the available classes, and later assign teachers to handle those classes. He/she has the responsibility of managing all other user accounts, be it a teacher or a student account, involved in the system. The system administrator is like a moderator that sees to it that everything is in place and working well. The teacher has lesser privileges compared to the system administrator. He/she is allowed to upload files such as documents, pictures, or animations for the students to download. Also, the teacher can give exams or quizzes through the internet, which are automatically corrected and computed when answered by the students. The teacher is also in charge of the management of the forum of the class which he or she is teaching. At the end of the semester, the teacher can submit the final computed grades through the system. The system developer is preferably someone involved with the system as he or she needs to be well aware of the concerns and requirements asked by the system. The developer should have at least made thorough consultations with the members of the faculty, the students, and most especially the school administration. The Knowledge Building Block The knowledge building block is basically the information available for the system. This is mainly about populating the database with enough data for it to run effectively. With regards to the Virtual Classroom, the knowledge building block contributed by the system administrator consists of the list of students currently enrolled in a particular school, and the list of teachers who are currently available for teaching. This also includes personal information such as student number, name, course, year level and other basic information that the school needs to know. Also, the list of available classes that students can enlist to is populated by the system administrator. The teacher is left with the uploading of the necessary lecture files for the classes assigned to him. Also, exam questions would come from the teacher with the corresponding answer key for the system to automatically check the paper and compute the scores when answered. The Process Building Block This part of the information system is concerned about what the system does with the information, or knowledge, that is made available to it. Basically, a process takes input data and modifies it based on the conditions and logic provided by the system, then finally, outputs the data needed by the users. With the Virtual Classroom, one process is the assignment of the teachers for each class offered by the school. The system should see to it that there will not be conflicts with the schedule. When uploading the files of newer version, the system would automatically replace the old ones and sees to it that the concerned students will be notified either by email or through SMS, if the phone number is supplied by the user. Also, when a student finishes answering an exam, the system automatically checks it and outputs the results for the teacher to see. The Communications Building Block This block involves sending and receiving data between the users of the system. In terms of the Virtual Classroom, the communications block plays a major part in it, because the classroom is basically having a teacher communicate with a group of students so that the students will learn something from it. In this regard, there are several ways that the concerned users can communicate through the system. First, there is a general messaging system. The system allows any user to send a private message to another user, or group of users as long as the sender has prior knowledge of the recipient’s username. Upon receiving the message, the user has options to reply. In addition to this, there is also a message board per class. The management of this board is the responsibility of the teacher because this is where class discussions will take place, and although slow and not as efficient compared to the real classroom experience, information is guaranteed to be transmitted. An important part of this system is the notification system that contacts the needed users through email or through SMS, whichever is available, when something of great importance and ugency demands his or her attention.

Oppositions in Joseph Conrads Heart of Darkness Essay -- Heart Darkne

Oppositions in Heart of Darkness      Ã‚  Ã‚  Ã‚  Joseph Conrad's Heart of Darkness is full of oppositions.   The most obvious is the juxtaposition of darkness and light, which are both present from the very beginning, in imagery and in metaphor.   The novella is a puzzling mixture of anti-imperialism and racism, civilization and savagery, idealism and nihilism.   How can they be reconciled?   The final scene, in which Marlow confronts Kurtz's Intended, might be expected to provide resolution.   However, it seems, instead, merely to focus the dilemmas in the book, rather than solving them.      Ã‚  Ã‚   Throughout the first part of his interview with Kurtz's Intended, Marlow talks about saving her from the darkness:    "Yes, I know," I said with something like despair in my heart, but bowing my head before the faith that was in her, before that great and saving illusion that shone with an unearthly glow in the darkness, in the triumphant darkness from which I could not have defended her-from which I could not even defend myself." (93)    The Intended believes wholeheartedly in Kurtz, as well as in the greatness of civilization and imperialism.   As Marlow now knows well, her ideals are nothing but illusion; however, he acknowledges and protects them.   He has a somewhat sexist view of women; as he has stated previously in his narrative, he believes that women cannot deal with reality and thus need illusions in order to survive.   It is noteworthy, however, that even though this observation comes before the interview with the Intended in the sequence of narration, the story is being told after the interview has happened, and thus it is not unreasonable to suppose that Marlow's opinion of women has been formed from this very inci... ... Adelman, Gary. Heart of Darkness: Search for the Unconscious. Boston: Little & Brown, 1987. Conrad, Joseph.   Heart of Darkness.   Ed. Ross C Murfin.   Second ed.   New York: Bedford Books, 1996. Levenson, Michael. "The Value of Facts in the Heart of Darkness." Nineteenth-Century Fiction 40 (1985):351-80.    Professor's Comments: Very well done--subtle and perceptive and well-argued.   A very sophisticated and beautifully written paper as a whole. I wish you'd included the details of the setting, but mainly, see question on p. 4 [Well--acknowledge that her "certainty" only exists, and is only "unextinguishable", because it's blind illusion.   Do you think that's what Conrad offers us as a source of hope?] : you stop just short of moving out to Conrad, and what he may offer us by way of "certainty" and even hope in the midst of all the fogginess.     

Prediction of Stock Market Indices

Prediction of Stock Market Indices-Using SAS Author—B. Siddhartha Reddy Abstract— The SAS © System has a powerful suite of tools for analyzing and forecasting data taken over a selected time period. The paper concentrates more on Stock Market (NSE-Nifty, India) & its prediction, by and large a risky venture. Knowledgeable investors base their predictions either on the basis of Fundamental Analysis, or Technical Analysis, or both. But most of the investors rely on the tips given by the experts for Stock Market Predictions.However there are many such models available such as Interrupted Time Series, Auto Regression (AR), Exponential Smoothening, Moving Average (MA), and Distributed Lags Analysis. The procedures FORECAST, ARIMA process will be illustrated. analysis, traditional time series analysis and machine learning methods. The analyzing and predicting of the indices is in one line-To reap returns while investing on the index derivatives, Index derivatives provide in vestors the exposure to price movements of entire indices through a single futures or options contract.Using index options, a very interesting kind of â€Å"portfolio insurance† can be obtained, whereby an investor gets paid only if the market index drops. If one does not want to bear index fluctuations in the coming weeks, then the index futures or index options can be used to reduce (or even eliminate) the consequent index exposure. This is far more convenient than distress selling of the underlying equity in the portfolio. Thus, such prediction of indices would help the investor to play safe in the dynamic volatile market arena. Analyzing What?Analyzing the indices as in NIFTY MIDCAP 50, one can determine various trends the market has seen on day-to-day basis-the process which includes determining the trends underneath the data series (at a stretch of 13 years from 19972010) brought down from various secondary sources. Moreover, these trends can be used to identify the pat terns in the series and thus laying the foundation for forecasting adopting a couple of iterative processes which will be explained in the following sections. Details of the data: Observations-3282, Type-Daily Tools used: SAS © and Eviews. II.DATA FEATURES AND EXAMPLE The first step in time series analysis, or any good statistical analysis for that matter, is to plot the data. However, unless the user knows what to look for in the plots this exercise is futile. Features of interest usually include: Trend – an overall long term upward or downward movement in the data. Do we handle this by differencing the data or fitting a low order polynomial in time? Seasonality – a component of the series repeats periodically, for example, retail sales have a tendency to be high around November and December and lower near the first of the year.Do we look at seasonal differences or put in seasonal â€Å"indicator variables†? Keywords— forecasting, prediction, stock mar ket prediction Time series analysis. I. INTRODUCTION Stock market is the market for securities where organized issuance and trading of Stocks takes place either through exchanges or over-the-counter in electronic or physical form. It plays an important role in channelizing capital from the investors to the business houses, which consequently leads to the availability of funds for business expansion.Determination of stock price considers that market is supreme and it discounts everything (economical, political and all related factors). It presumes that all the investors behave rationally and the value of the asset is estimated based on future expectations. Hence, with every new information, the future expectation of the market is liable to change and consequently the stock prices. As the new information is erratic in nature so it influences the price in a random way. The purpose of this trend analysis is to enable the organizations/individuals improve their knack of trading their ind ex options/futures in the available markets (NSE, BSE).The SAS technology helps the organization/individual to speed up the process of investing in this second’s market (changing over a period of seconds) and timely reducing the loss at all the levels in a trading process thus leveraging their portfolios. Why Analyze? Stock Market Investments are subjected to market risks and the returns are variable in nature because it is an uncertain existence. Hence Stock Market Prediction is not a guaranteed one. It is based on certain analyses linked to the Macro & Micro economic factors or variables such as demand & supply.There are certain other analyses available such as fundamental Siddhartha Reddy. B is with IBS Bangalore, Karnataka, INDIA. Ph: 91+9886768492,e-mail:Siddhartha. [email  protected] com Page | 1 Variability – is the variation additive or multiplicative (in which case we might want to analyze the logarithms of the data). Special events – was there a stri ke sometime during the period? Does the time period include the dotcom bubble and the recession in 2008? Is there an effect of the same or some other impingements?The features of the data determine which procedures are appropriate and identify those that are not appropriate. There are statistical checks available in the system for deciding, for example, the best approach for modeling the trend. As an example, Fig 1 shows the change in the Index values of NIFTY MIDCAP 50 in INDIA. While not exactly steady, we can see an overall increase/decrease in market with time. If we are thinking in terms of polynomials, it seems that at least a cubic polynomial might be needed to approximate the curvature in the historic data plot.The flexibility of high degree polynomials allows them to fit historic data well, but becomes a liability in forecasting in that such polynomials can, by their inherent flexibility, produce unreasonable increases or decreases as they are projected out into the future. Having checked with the seasonality and stationary test of the data, the logarithmic value of the data CLOSE (closing point of NIFTY) is taken and rechecked for the stationary test. If the data is a stationary, then the data is ready to model into a time series. The stationarity tests are done by using the Time Series Analysis in SAS, preferably The Fullers Test. Fig. Log Transformed Flows (Data Series: Obs – 3282 Type – Daily) The accuracy of the above forecast shown in fig 2 can be viewed in the fig 3 which shows the difference of the actual values and the predicted values of the market by considering the entire data of 13years at once and later on the same difference in case of the splitted graph. Fig 3 shows the statistics of differences in forecasting of the data: the graph (trend) with split and without split. Fig. 3 Differencing of Forecasted Data with Split & Without Split Thus, from Fig 3 it is evident that the data series has to be split as per the trends an d seasonality available.Having inspected the trends available in the above data series, it is found that there are various trends in the market index (closing) and had resulted in the 10 splits. The entire project has been verified while considering each and every split that shows some or the other trend and/or the impact of global impacts such as the Dotcom bubble and followed by the Recession in the year of 2008. The above impingements referring the dotcom bubble and recession are clearly observed globally and their impacts on the Indian Market are analyzed and assessed.It can be inferred that though Indian markets have shown a slight drift in its market during the above impacts, the overall effect of the recession on India is far negligible compared to the other developed countries (in reference to the BPO sector: India at its best) and we can say India along with other Pan-Asia countries have stood back from such wallops. III. RELATED WORK The Time Series Prediction analyzes his toric data and attempts to approximate future values of a time series as a linear combination of these historic data.In econometrics there are two basic types of time series forecasting: univariate (simple regression) and multivariate (multivariate regression). These types of regression models are the most common tools used in econometrics to predict time series. The way they are applied in practice is that firstly a set of factors that influence Fig. 2 Log Transformed Forecast Siddhartha Reddy. B is with IBS Bangalore, Karnataka, INDIA. Ph: 91+9886768492,e-mail:Siddhartha. [email  protected] com Page | 2 (or more specific is assumed that influence) the series under prediction is identified.These factors are the explanatory variables xi of the prediction model. Methodology: The methodology includes ? Collecting the Secondary data from the market sources such as National Stock Exchange (Nifty). ? Checking the seasonality in the data series (if any) and minimizing the same for an ac curate prediction. ? Claiming the data series to be precise – i. e. checking whether the data series obtained is stationary and raising the steps to make it a stationary series. Having checked with the stationarity, the data would be crisp and apparently ready to fetch a good forecast. Subjecting the resultant series into various models such as AR, MA etc. ? Forecasting the index and plotting the change in behavior of the market indices which is a real time analysis. This will help analysts/investors to make good and accurate investment decisions. Limitations: ? Access to the market’s real time data would be time variant and a slight change in the market may change the trend. ? Time series forecasting heavily depends upon the availability of the data. Long time series give the flexibility of verifying alternative models and choose the best. Exact modeling needs lots of experience and trend identification will be heavily depend upon this experience. ? Though the study g ives a trend analysis it might not work in a uniform way for all the investors, therefore the behavior of the investor also plays a vital role in the modeling. ? The resultant analysis may work only for a specific period and may always subject to change depend on other externalities which will impact the economy of the country. ? Limited time may or may not fetch good results in implementation of the analysis since share market cannot be cracked in the real time. Fig. Forecasting System The Model Building and The Forecasting Process IV. PERFORMANCE ANALYSIS The Performance analysis is been considered for the 10th split of the above data series since the entire paper concentrates on the Real-Time analysis of the NIFTY market, while comparing the predicted values with that of the Real-Time Index values and the same difference of Prediction is shown in the below Excel table. Fig 5 shows the graph (LCLOSE) for a time period of July 09 – Feb 10 and is not stationary. It can be det ermined by just viewing its trend and moreover the data is not moving in and out of the MEAN at equal intervals.However, the series clearly shows the trend with a non-stationary series. Such a trend does require a differencing while fitting into the model. Fig. 5 Log Transformed Close Values (LCLOSE) Siddhartha Reddy. B is with IBS Bangalore, Karnataka, INDIA. Ph: 91+9886768492,e-mail:Siddhartha. [email  protected] com Page | 3 The stationary series (ref fig 5) is best fitted into the AR Model (Auto Regressive Model) and is fitted for eight lags. Fig 5 shows AR (8, 1) since the parameter estimates show that: The probability is 0. 221 which says that the series (LCLOSE) is more significant at lag 8 and the coefficient of the standard error is almost zero (0. 0839) as obtained during the evaluation of the above model leading to the best fit than any other model. Fig 6 shows the statistics of fit of LCLOSE graph with RSquare as 0. 961 which says that the series is been fitted into th e model with the 96. 1% of confidence with the adjusted R-Square of 0. 958 (almost same) and with the mean absolute error being almost zero thus leading to the best fit. Fig. 6 Statistics of Fit Fig. 8 Predictions and Data OverlaidThe predictions of LCLOSE in fig 8 are listed for the next 6 days: 7. 8190 to 7. 8274 are the forecasted values of the NIFTY closing for the dates above 24th of Feb 2010 that is for the real time of the future. These values are checked with the real time closing values of the NIFTY MIDCAP 50 on the following days. Fig 9 shows the predicted values and real time values of the same. Fig. 9 Predicted Vs Real Time Values The reason for this best fit of almost 96. 1% is due to the upward trend with the elevation of the data series which could make the prediction more accurate as it is a stationary.Fig. 7 96. 1% Confidence Interval Forecast (LCLOSE) From fig 9 it is evident that the predicted value of the NIFTY MIDCAP 50 as 7. 8190 and can be arrived at 2487. 416 (anti-log of Predicted) which has just 4. 2167 points of difference with the real time i. e. 2483. 20 which is a secondary data downloaded from the NSE site. The real time values for the rest of the periods are written manually and the difference is checked accordingly. V. FINDINGS AND CONCLUSIONS ? The above forecasts of the time series models clearly show the behavior pattern of the market (NIFTY MIDCAP 50) in the near future.One may or may not find a difference in the values of predicted to that of the real time. Fig 7 is obtained on this day of 24th Mar 2010 (the updated data) and the values of the above forecasted graph are fed into the excel sheet to calculate the anti-log of the same in order to come up with the predicted values for the NIFTY closing. ? There is always a possibility of certain standard errors in case of the time series analysis which may be found due to the absence of the best fit models than which are fitted above. Siddhartha Reddy. B is with IBS Bangalore, Karnataka, INDIA.Ph: 91+9886768492,e-mail:Siddhartha. [email  protected] com Page | 4 ? Such and such above models namely AR do have some limitations which would result in an inaccurate prediction since these predicted values may sometimes have a huge difference with that of the real time values caused due to the external factors. These external factors can be: 1. 2. Policies implemented by the GOVERNMENT OF INDIA. Variation in the rates such as ? Interest Rates. ? Fluctuations of Indian Rupee with the impact of other currencies. ? Foreign Exchange Rates etc. Unforeseen issues such as : ?A sudden decline in the foreign markets. ? A variation in the chain of demand and supply. ? Sudden attack by the outlaws. 3. ACKNOWLEDGMENT I would like to take this opportunity to thank Prof. Prashobhan Palakkeel and Prof. Veena Bhat (faculties, IBS Bangalore) for their assistance in the concepts of Business Intelligence and statistical tools used in this research namely SAS 9. 1 & Eviews 6. 0; their ceaseless support has resulted in such a vulnerable & successful explore. This research paper would not been possible without the untiring support provided by my family and friends.The input and guidance provided by other faculties have been invaluable. I would like to extent my gratitude to all these people. REFERENCES [1] www. nse-india. com (NSE National Stock Exchange, India) as a secondary data source for Nifty daily. [2] http://www. statsoft. com/textbook/time-series-analysis/ [3] http:/webspace. qmul. ac. uk/dsgpollock/public_html/courses /tseries/1trends. pdf [4] www. nse-india. com/content/fo/fo_NIFTYMIDCAP50. htm [5] Brocklebank, J. C. and D. A. Dickey (2003) SAS for Forecasting Time Series, SAS Institute, Cary, N.C. [6] http://nseguide. com/press-releases/nse-index-weightsbased-on-nse-daily-bhav-copy/ [7] http://www. hkbu. edu. hk/~billhung/econ3600/application/a pp03/app03. html [8] http://webspace. qmul. ac. uk/dsgpollock/public_html/course s/tseries/8idntify. pdf [9] http://www. duke. edu/~rnau/411arim. htm â€Å"Model Selection is seldom Precise in Time Series modeling, because it’s An Art more Than a Science† Siddhartha Reddy. B is with IBS Bangalore, Karnataka, INDIA. Ph: 91+9886768492,e-mail:Siddhartha. [email  protected] com Page | 5

John Locke: Property Rights Essay

Perhaps one of, if not the, most historically influential political thinkers of the western world was John Locke. John Locke, the man who initiated what is now known as British Empiricism, is also considered highly influential in establishing grounds, theoretically at least, for the constitution of the United States of America. The basis for understanding Locke is that he sees all people as having natural God given rights. As God’s creations, this denotes a certain equality, at least in an abstract sense. This religious back drop acts as a the foundation for all of Locke’s theories, including his theories of individuality, private property, and the state. The reader will be shown how and why people have a natural right to property and the impact this has on the sovereign, as well as the extent of this impact. Locke was a micro based ideologist. He believed that humans were autonomous individuals who, although lived in a social setting, could not be articulated as a herd or social animal. Locke believed person to stand for, â€Å"†¦a thinking, intelligent being, that has reason and reflection, and can consider itself as itself, the same thinking thing in different times and places, which it only does by that consciousness which is inseparable from thinking. † This ability to reflect, think, and reason intelligibly is one of the many gifts from God and is that gift which separates us from the realm of the beast. The ability to reason and reflect, although universal, acts as an explanation for individuality. All reason and reflection is based on personal experience and reference. Personal experience must be completely individual as no one can experience anything quite the same as another. This leads to determining why Locke theorized that all humans, speaking patriarchially with respect to the time â€Å"why all men,† have a natural right to property. Every man is a creation of God’s, and as such is endowed with certain individual abilities and characteristics as gifts from God. Not being able to know God’s exact wishes for man, Locke believed that all men have an obligation to develop and caress these gifts. In essence, each man was in charge of his own body and what was done with his body. Of course, for Locke, each man would do the reasonable thing and develop his natural skills and potentials to the best of his abilities, in the service of God. The belief in God given abilities and the obligations that follow are not totally deterministic. Man, endowed with reason, could choose not to develop these abilities. Having the ability to choose the development of his potential, each man is responsible for that potential and consequently is responsible for his own body. The development, or lack therein, is a consequence of individual motivation and is manifested through labor. In keeping with the theory of one’s body is one’s own, a man’s property can be explained in terms of the quantifying forces of his labors. Physical labor or exercisation of his mind, to produce fruits for this person’s labor, is then his own property. Locke believed that one did not need the consent of a sovereign, as far as property was concerned, because it is the melding of labor and nature that makes anything owned. Yolton articulates this when he states, â€Å"(b)y mixing my work, my energy with some object, (nature), I particulise that object, it’s commonness becomes particular† Locke believed that as long as there was plenty for others, consent was pointless, irrelevant and would merely be an overzealous exercision of power. Pointless because as long as there was more for others in the common store, one was not infringing on another’s natural rights. Irrelevant because property production or the use of labor was completely individualistic and one should not be able to control another’s labor as it is an infringement on their natural rights. There are however limits, as far as property and labor are concerned. One limit is that of non destruction. God did not create anything for man to destroy. The amount produced by any man should be kept in check by his level of destruction. For example, there is a big difference between the cutting of one or a few trees and the harvesting of an entire forest. Yolton explicates this by stating that, â€Å"†¦ specific rights comes in conjunction with this restriction. Since ? Nothing was made by God for Man to spoil or destroy,’ the property making function of man’s activities ought to be curbed at the point of spoilage. If my acquisition spoils, I offend against the law of nature, since I have, in the beginning, ? no Right, further than’ my use. What is useful and is used has value and the person who uses them a right to them. The same rules are cited for land as for the produce of land. † The making of currency as an unspoilable property and medium for exchange seems to have by-passed this limit all together. Inequality becomes rampant and as such an authority is needed to protect a man’s property and the social peace. With the advent of money as unspoilable property, certain inequalities amongst men would develop. Those with less start to feel cheated and used. This is very dangerous for those with more, because with these inequalities, comes the danger of theft, or injury to property or body. It is for this reason that people enter into a social contract and appoint a soveriegn. The sovereign has the ability to protect those whose property is in danger, and will do so through the passing and enforcing of laws. In this way not only is a man’s property protected, but a state of peace is maintained as well. Locke not only believed in one individual’s right to property, but every individual’s right to property. Since every person is a creation of God’s, and it must be God’s wish that we serve him through the abilities that he’s given us, to interfere with a man and his labor, or the consequence of his labor, that is, his property, would be to interfere with God’s wishes. It is here that we begin to see the limits of men as well as the limits of the soveriegn. After all, how anyone interfere with the wishes of God? Locke believed that the power for social control must come from the sovereign. This sovereign is responsible to the will of the people, but has a protective authority, governing both over land and people. Locke believed that if a body of people, that is a community of people, chose to live and interrelate amongst each other, they must choose to live by a greater force, that is they must enter into a social contract. This force was the power of the majority manifested through the creation of a sovereign. Problems can arise, when individuals cannot agree. For this reason there must be a ruler and government to decide disagreements, make and enforce laws, and govern man. The enforcement of rules is not as absolute as it may sound. Even with the existence of a limited monarchy, man retains his individual and God given rights. As such, the sovereign, had no right to acquire or take away the property of another. If he did so he would be going against, God, the people, and all that is natural. The extent of the services of the existing sovereign is to govern over, protect, and enforce the laws of the people. Locke believed that the role of the sovereign and his authority is in serving the people and that there must not be parental, that is absolute authority. Yolton explains this like so, â€Å"If royal authority is derived from parental authority †¦ there would be as many kings as fathers†¦ from parental power it necessarily follows either that that all fathers have royal authority – in which case a contradiction arises – no one has royal authority. † In this way Locke is seen as a man who wants to limit the power of the sovereign over the individual. Locke believed that the sovereign, created out of the need for the protection of individual rights, that is, out of the need for protection of the privacy of property, could not manifest itself publicly through excessive social control. Perhaps Locke’s idea is better explained this way. â€Å"From privacy of possession, publicity of sovereignty does not follow†¦ `no Man could ever have a just Power over the life of another, by Right of property in Land or possessions'† This, of course, would include the man of sovereignty and the men of government. Property sets the limit of sovereignty, in that no man has just power over another or another’s property. This right comes directly from God, because it is a God given right that a man should gain property through labor. This also sets the tone of the role of government, that of servitude instead of command. Locke believed that civil society existed to free individuals from the insecurity of the state of nature. He thought that men united voluntarily in a concerted effort of preserving and protecting life, liberty, and estate. Here again we see the importance of property. Government within limits can work beneficially for all of man kind. This means that a sovereign would be necessary for the preservation of lives, the promotion of freedom, and the protection of estate. Locke is quite adamant about the preservation of individual freedom which Aaron describes as â€Å"need(ing) to be jealously preserved. † This right to the property produced through labor is an inalienable right that each and every individual has. Even the soveriegn has no right to interfere with or take away a man’s property. This is the true limit of any man or governing body. Locke favored a limited monarchy. This is an elected legislative assembly and a monarch that have the power to direct the commonwealth to preserve the community and it’s members and their rights. Locke believed that people were the absolute sovereign, and that if the appointed sovereign abused his authority the people would have the right to dissolve the government. This right of the people reinforces the limitations of the sovereign, while enforcing the accountability of the sovereign. It is in this sense that the community or the aggregation of individuality, retains power over the sovereign and in essence limits it’s power. This is the extent of the limitation of authority of the sovereign. The sovereign is a servant of the people, that has limited power only as long as the majority allows it to have power. It was Locke’s intent that the state was made for the individual and that the sovereign be used as a protective instrument for the good of the individual. Locke’s ideas of property are based on God given rights. Each person has been given a body, with certain abilities and potentials, to use by God. The use of this body is called labor and its product is called property. Since everyone has a body and a level of potential everyone is capable of producing property. The purpose of the sovereign is to protect the individuals right to property and their property. The sovereign is limited in it’s power and authority and does not have the right to take or interfere with any man’s property, since to do so would be an interference with the right’s of man as given by God. It was Locke’s hope that with such an ideology behind a people and their government that they might attain and retain Locke’s version of the good life, that is life, liberty, and most importantly estate. Bibliography: Aaron, Richard, John Locke, Oxford University Press, Toronto, 1963. Bowie, James, Twenty Questions: An Introduction to Philosophy, MacMillan Publishing, New York, 1964. Locke, John, An Essay Concerning Human Understanding, Oxford University Press, London, 1975. Magill, Frank, Masterpieces of World Philosophy, Harper and Row, New York, 1961. O’Connor, D. J. , John Locke, Pelican Books, London, 1952. Squadrito, Kathleen, Locke’s Theory of Sensitive Knowledge, University Press of America, Washington, 1978. Yolton, J. W. , Locke and the Compass of Human Understanding, Cambridge University Press, Cambridge, 1970.

Charles Goodyear - The History of Vulcanized Rubber

Charles Goodyear - The History of Vulcanized Rubber Caoutchouc was the name for rubber used by the Indians of Central and South America. History of Caoutchouc Besides pencil erasers, rubber was used for many other products, however, the products were not standing up to extreme temperatures, becoming brittle in winter. During the 1830s, many inventors tried to develop a rubber product that could last year-round. Charles Goodyear was one of those inventors, whose experiments put Goodyear into debt and involved in several patent lawsuits. Charles Goodyear In 1843, Charles Goodyear discovered that if you removed the sulfur from rubber then heated it, it would retain its elasticity. This process called vulcanization made rubber waterproof and winter-proof and opened the door for an enormous market for rubber goods. Rubber Bands - On March 17, 1845, the first rubber band was patented by Stephen Perry of London, made from vulcanized rubber. Perry owned the manufacturing company Messers Perry and Co., of London, England.Elastic FabricsEraserHeelHoseRubber Soled ShoesRubber Stamp InventionBalloonsTiresVulcanized Rubber On June 24, 1844, Charles Goodyear was granted patent #3,633 for vulcanized rubber.

Conjugating German Modal Verbs Muessen, Sollen, Wollen

Conjugating German Modal Verbs Muessen, Sollen, Wollen How do you conjugate the German modal verbs  mà ¼ssen, sollen, and  wollen? See the different tenses and sample modal sentences and idioms. Modalverben - Modal Verbs PRSENS(Present) PRTERITUM(Preterite/Past) PERFEKT(Pres. Perfect) Mssen - have to, must ich mussI must, have to ich mussteI had to ich habe gemusst *I had to du musstyou must, have to du musstestyou had to du hast gemusst *you had to er/sie musshe/she must er/sie musstehe/she had to er/sie hat gemusst *he/she had to wir/Sie/sie mssenwe/you/they have to wir/Sie/sie musstenwe/you/they had to wir/Sie/sie haben gemusst *we/you/they had to ihr msstyou (pl.) must ihr musstetyou (pl.) had to ihr habt gemusst *you (pl.) had to * In the present perfect or past perfect tense with another verb, the double infinitive construction is used, as in the following examples: ihr habt sprechen mà ¼ssen you (pl.) had to speak ich hatte sprechen mà ¼ssen I had had to speak The old spelling with ß, as in ich muß or gemußt, is no longer used for forms of mà ¼ssen. For all  modals  with umlauts, the simple past (preterite/Imperfekt) has no umlaut, but the subjunctive form always has an umlaut! Sample Sentences With Mà ¼ssen Present: Ich muss dort Deutsch sprechen. I have to speak German there.Past/Preterite: Er musste es nicht tun. He didnt have to do it.Pres. Perfect/Perfekt: Wir haben mit der Bahn fahren mà ¼ssen. We had to go by train.Future/Futur: Sie wird morgen abfahren mà ¼ssen. She will have to depart tomorrow.Subjunctive/Konjunktiv: Wenn ich mà ¼sste... If I had to... Sample Idiomatic Expressions Ich muss nach Hause. I have to go home.Muss das sein? Is that really necessary?So mà ¼sste es immer sein. Thats how it should be all the time.   Sollen - should, ought to, supposed to ich sollI should ich sollteI should have ich habe gesollt *I should have du sollstyou should du solltestyou should have du hast gesollt *you should have er/sie sollhe/she should er/sie solltehe/she should have er/sie hat gesollt *he/she should have wir/Sie/sie sollenwe/you/they should wir/Sie/sie solltenwe/you/they should have wir/Sie/sie haben gesollt *we/you/they should have ihr solltyou (pl.) should ihr solltetyou (pl.) should have ihr habt gesollt *you (pl.) should have * In the present perfect or past perfect tense with another verb, the double infinitive construction is used, as in the following examples: wir haben gehen sollen we should have gone ich hatte fahren sollen I had been supposed to drive Sample Sentences With Sollen Present: Er soll reich sein. Hes supposed to be rich. / Its said that hes rich.Past/Preterite: Er sollte gestern ankommen. He was supposed to arrive yesterday.Pres. Perfect/Perfekt: Du hast ihn anrufen sollen. You should have called him.Future (in sense of): Er soll das morgen haben. Hell have that tomorrow.Subjunctive/Konjunktiv: Das httest du nicht tun sollen. You shouldnt have done that.Subjunctive/Konjunktiv: Wenn ich sollte... If I should...Subjunctive/Konjunktiv: Sollte sie anrufen... If she should (happen to) call... Sample Idiomatic Expressions Das Buch soll sehr gut sein. The book is said to be very good.Du sollst damit sofort aufhà ¶ren! Youre to stop that right now!Was soll das (heißen)? Whats that supposed to mean? Whats the idea?Es soll nicht wieder vorkommen. It wont happen again.   Wollen - want to ich willI want to ich wollteI wanted to ich habe gewollt *I wanted to du willstyou want to du wolltestyou wanted to du hast gewollt *you wanted to er/sie willhe/she wants to er/sie wolltehe/she wanted to er/sie hat gewollt *he/she wanted to wir/Sie/sie wollenwe/you/they want to wir/Sie/sie wolltenwe/you/they wanted to wir/Sie/sie haben gewollt *we/you/they wanted to ihr wolltyou (pl.) want to ihr wolltetyou (pl.) wanted to ihr habt gewollt *you (pl.) wanted to * In the present perfect or past perfect tense with another verb, the double infinitive construction is used, as in the following examples: wir haben sprechen wollen we wanted to speak ich hatte gehen wollen I had wanted to go Sample Sentences With Wollen Present: Sie will nicht gehen. She doesnt want to go.Past/Preterite: Ich wollte das Buch lesen. I wanted to read the book.Pres. Perfect/Perfekt: Sie haben den Film immer sehen wollen. They have always wanted to see the movie.Past Perfect/Plusquamperfekt: Wir hatten den Film immer sehen wollen. We had always wanted to see the movie.Future/Futur: Er wird gehen wollen. He will want to go.Subjunctive/Konjunktiv: Wenn ich wollte... If I wanted to... Sample Idiomatic Expressions Das will nicht viel sagen. Thats of little consequence. That doesnt mean much.Er will es nicht gesehen haben. He claims not to have seen it.Das hat er nicht gewollt. Thats not what he intended. See the conjugation of the other three German modal verbs  dà ¼rfen, kà ¶nnen, and mà ¶gen.

Use sociological theory to discuss and analyse the future effects of Essay

Use sociological theory to discuss and analyse the future effects of globalisation on developed and developing societies.(essay1500-2000 words) - Essay Example ise economic system dominated by supranational corporate trade and banking institutions that are not accountable to democratic processes or national governments.† (Rosenberg 2000) defines â€Å"The term ‘globalisation’ after all, is at first sight merely a descriptive category, denoting either the geographical extension of social processes or possibly, as in Giddens’ definition, ‘the intensification of worldwide social relations’.† According to the (World Bank Brief 2000) globalisation gained pace in the 1980s and 1990s, with the advancements in information technology, transportation and global communications. These include improved telecommunications, the Internet and faster world travel, to name a few. These technological improvements enabled people to transport goods, services and knowledge, faster, farther and more reliably. Governments have also adopted more open policies that allow for closer international economic cooperation. Supporters of globalisation claim that its goal is to reduce poverty worldwide. Supporters point out that despite the world population increasing from 1.8 billion to 6.0 billion, with the presence of political and armed conflicts, the real average income of each individual today is five times more than it was at the beginning of the century. However, globalisation also revealed vulnerabilities, which raise concern among both developed, and developing countries. If there is global reduction of poverty, it has also produced problems for its players. (Giddens 2001) states that, â€Å"Globalisation is not an ‘out there’ phenomenon, as if some external forces are at work. September 11 showed that it’s an ‘in here’ phenomenon†. He emphasized that globalisation is not a product of external factors, but also occurs within nations. â€Å"With interdependence comes vulnerability, a shift in our institutions, our emotions, our anxiety†¦Ã¢â‚¬ , he stressed (Giddens 2001). (Giddens 2001) stated that tradition in early modernity

The impact of Social media on the political life in the Arab Countries Assignment

The impact of Social media on the political life in the Arab Countries - Assignment Example These influences are both positive and negative and are seen across the region. This research will rely much on information from other secondary sources in order to build up a good understanding of the whole concept. In this regard, previous studies and literature review will be an important consideration. The research will further rely on empirical study as a way of gaining in-depth primary source of information. In this regard, there will be a conclusive use of documentation review, interviews and questionnaires which will be used to gather much information. There has been a growing concern in the recent past reading the use of the social media in politics. Indeed, this concern arises out of the fact that politicians have realized the huge potential and opportunity presented by search media. In this regard, Twitter and Facebook is used extensively as a way reaching millions of people. The recent happening seen in the Arab world which led to several cases of uprising were majorly fueled by the social media. People used such media in creating awareness and championing for their rights. Indeed, there is a growing fear that the social media is being misused in gaining political mileage and this certainly needs to be addressed. In order to enhance the realization of the objectives, the research will focus on a case study which will center on one country so as to provide a clear picture of the whole situation in the Arab world. This will further reduce the challenge of having to deal with many countries in a region that is typically similar in most