Data analysis is a process or a method of obtaining raw data and converting it into information that can be used for further analysis or can be used to make decisions. Data analysis has wide applications in almost every field. It is used to make complicated and uncertain decisions in several industries. Basically, data analysis is used to make some sense out of huge volumes of data (in lakhs or crores). Had data analysis not existed or not known to man, all the data available in any form would have to be considered useless
The process of data analysis is as follows:
• Raw data is collected: Data is collected from various sources depending upon the requirements set out and the necessary conditions or criteria.
• Processed: The
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These methods include correlation analysis, regression analysis or the data can be analysed using statistical software etc.
• Conclusion: The final conclusion or the result obtained after the analysis is conveyed or stated.
There are several barriers or challenges faced in effective data analysis. These are due to an individual’s (usually the data scientist or the data analyst) bias. Bias could be due to a person’s prior knowledge about the subject or prior information of the subject or it could even be due to already accepted
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It is exactly like regular insurance, except that it targets the low income group or the poor people in the society who haven’t had any prior access to the insurance schemes and products and the ones that have been ignored by the system. The institutions that implement micro insurance are called ‘Microinsurance schemes’. Microinsurance policies are low premium insurance policies. The word ‘micro’ refers to the small financial transaction that takes place between the policyholder and the insured. Microinsurance works same like insurance, by pooling funds and managing the risks. The main characteristics of microinsurance policies are: 1) they are low cost, 2) the policyholders are of low-income, 3) it enhances the risk management of all the members. Insurance has always just been a concept for the rich and elite. Be it in any nation world-wide. The ones who have already made so much for themselves continue looking for even more means to safeguard themselves and their properties. The poor or the low income people have never even been introduced to insurance. Increasing income and building assets is the only road out of poverty for the poor people. For a poor person, shocks, such as death of family members, loss, theft, illness, fire make the escape from poverty even harder. This makes them even more vulnerable. If the breadwinner of the family dies, there’s nothing really left as an option to the other members. In case of
Have you ever seen the effects that poverty can cause, the brains that it destroys through mental health issues or bodies it infects through physical ailments? I am writing to you to inform you of the problems that many people in society suffer from, the effects of poverty. In a novel I have recently studied call ‘The Inner Circle’ by Gary Crew he highlights this issue in the main two characters. This issue has spread all over the world and attack countries whether first, second or third-world. Global Issues has told us that at least 80% of humanity is living off less than $10 a day or that according to UNICEF 20,000 children die every day due to poverty.
Society believes those living in poverty are often perceived as lazy, not hardworking or uneducated. Which is often not the case, but rather these families are doing everything in their power to meet daily needs. For instance, my home point of view during my childhood and adolescent years were surrounded by women whom are all educated, and exemplified great independence, strength and work ethic. The woman that was most influential in my upbringing is my mother. My father was absent in my childhood.
But it’s important not to judge the people who are living in conditions that seem terrifying to you because you don’t know what they’ve been through, nor you know what caused them to be in this situation. Poverty is not always a personal choice, but a reflection of society. Difficult circumstances causes people to end up being poor, even if it’s not in their control. People are in poverty because they find themselves in holes in the economic system that deliver the inadequate income.
This book shows the saddening truth of why the poor typically stay poor and the many, many obstacles that must be overcome just to “get ahead”. As mentioned above, the families in this book were largely affected by social, economic, and cultural barriers. Barriers of all three structural blocks, can include, but are not limited to, low wages, safe housing, education, job training, language barriers, and religious beliefs. Early in the book, Shipler writes about corrupt public administration, such as banks, check cashing facilities, and tax preparers. These are a few examples of structural economic barriers that families encountered.
Poverty is affecting billions of people around our world and the number is growing with each day. Many people think they can avoid the effects of poverty, but it is something that affects all of our daily lives. Many people see poverty as a person who lacks money, although this is true poverty is caused by many more things than being without money. Just the fact that one in two children live in poverty can help people see clearly the impact it has on our world. Poverty truly does influence the type of care and treatment a person will receive when they need it.
Poverty is a crippling situation which can stagnate the development of individuals. Insufficiency in a society can affect persons in more ways than one. Those experiencing a substandard way of living may not be able to obtain quality education which can cause a lack of sufficient employment. Lower paying jobs will more than likely not include quality health insurance for the employee.
The solutions therefore interpreted as a need for greater economic growth, with a focus on building human capacity/capital. Conceptualization of poverty has broadened to include non-economic components. Thus, poverty is increasingly being recognized as multi-dimensional, distinguishing the numerous aspects of people’s lives affected by poverty, including economic and non-economic dimensions, and recognizing that poverty occurs within and is affected by the political, economic, social and cultural context (Sen,
Poverty and deprivation of many kinds is a very serious problem, not only in the United States, but also around the world. In a study in 2014, forty-seven million people living in the U.S. were considered to be in poverty; that is fifteen percent of its population . Poverty and deprivation is a serious topic that everyone should be aware of; if you are not aware of a problem,how are you going to fix it? You can find examples of this topic in almost every where; From books and movies to your everyday life. The most common known definition of poverty is economic poverty, but there is also social, emotional, and spiritual poverty and deprivation.
Poverty can be a vicious cycle for some families that goes from generation to generation. Another personal issue that can lead to poverty is illness and unemployment which puts someone out of work and there is little to no income coming in. Along with these personal issues that I stated there are also many
Today, bilingual education used in many countries for a variety of social and educational purposes. It is become actual problem of this century. Because, the world is changing and according to the requirements of time, the human mind adjusts to new discoveries, to new tops. Large-scale changes in all spheres of human activity: the globalization of the economy and politics, the information explosion, the rapid development of communication defined new requirements for the quality of education. First of all, a general global trend towards integration in the sphere of education determines the trend towards integration of subject knowledge.
CHAPTER 5 CONCLUSION 5.1 Introduction The impact of recession has been felt throughout the world. This study is an effort to analyse the impact of the recession in India, especially in the construction industry. The impact of the recession has been different in countries around the world. The way the recession has affected the various industries of each nation is also different.
As big data things continue to grow in this modern era, today we can learn how to predict or assume anything that will happen in the future with data from the past. This studies known as Predictive Analytics. Predictive analytics combine methods from machine learning, data mining and statistics to find meaning or pattern from a huge volume of data. Tom H Davenport, a senior advisor at Deloitte Analytics has broken down three primer models on doing predictive analytics: the data, statistics, and assumptions.
The term ‘Poverty’ reflects the meaning itself. Many philosophers often described it with statistical term by evaluating the population, income source, extreme to moderate levels, capital per income, family members, opportunities, employment and so on. But the exact meaning of poverty is being homelessness, discarded from schooling, foods and basic needs. Poverty is a state of life, affecting all of humanity (Meade, 2013). Although poverty is defined in several forms however, we cannot deny what exactly it means.
The following section will consider advantages and limitation of the first two mentioned types of digital forensics: Traditional (dead) and Live computer forensics. TRADITIONAL (DEAD) VS LIVE DIGITAL FORENSICS Traditional (Dead) Forensics In order forensic acquisition to be more reliable it must be performed on computers that have been powered off. This type of forensics is known as ‘traditional’ or 'dead ' forensic acquisition. The whole process of dead acquisition, including search and seizure flowchart and acquisition of digital evidence flowchart is shown on Figure 2 and Figure 3 respectively.
This method also refers to the major component of understanding the qualitative aspects of data that has been assimilated for analysis and can give a better understanding of the facts when analyzed