The Library Project Case Study Example | Topics and Well Written Essays - 1250 words

The Library Project - Case Study Example . For this project, I will evaluate whether there is a difference in age of the books in this two libraries. In case of significant difference in the ages of the books, I will then determine which library has older books. If there is no significant difference in the age of the books in the two libraries, then each library receives equal funding. To determine whether there is a difference in age, I will conduct a paired sample t-test. Evidently, the t computed is greater than the t-tabulated. Consequently, we hence reject the null hypothesis. Therefore, we assert the alternative hypothesis that there is a significant difference in the ages of the collections from the two libraries. For Ramstein library, the median is less than the mean. According to Stockburger (2014), if the sample mean is greater than the media then the data is positively skewed. Thus, Ramstein library data is positively skewed. This can be interpreted to mean that more data is found on the upper side of the table. Thus, most books in Ramstein library have the copyright of recent years. The boxplot above shows that the data is negatively skewed. This is justified by the fact that mean is less than the median. This can be interpreted to mean that there are more old books in Vogelweh library. From the extensive analysis and interpretation of the presented data, I recommend that KMC funds Vogelweh library as it contains the highest number of old books. It fully meets the benchmark required by KMC for a library to receive extra

Hurricane sandy Essay Example | Topics and Well Written Essays - 250 words

Hurricane sandy - Essay Example a common policy refers to an institution established by a number of states with a mutual offering authority for the currency and monetary policy (Cohenen, 2012). Over the past few decades there has been observed a developing importance in currency fusions and monetary consolidations. This impression of exchange regions dates back to the Mundell’s Optimum Currency Areas. He asserts that â€Å" if the world can be divided into regions within each of which there is a factor mobility and between which there is factor immobility, then each of these regions should have a separate currency that fluctuates relative to all other currencies† (Mundell, 1961, pp.56). The mobility of the inputs should act as the adjusting instrument if any region experiences asymmetric shock. In the absence of these inputs, the overseas exchange rate elasticity is not anticipated to execute the stabilization role assigned to it while the changing unemployment rates and inflation in the diverse areas would dominate. There has been various monetary unions in the various continents i.e. in Africa there has been the West African states who came together to share a common CFA franc currency, there also has been the multilateral Monetary Area to use the South African Rand. In Europe, there has been the European Union who uses the Euro as the common currency. There are other currency unions which have been proposed in other parts of the world i.e the East African Corporation that is scheduled to kick start by 2015, the West African Monetary Zone and the Gulf Corporation Council that is targeted to start within 2013 to 2020. These unions across the different nations have been faced with various challenges and most of them have flopped rendering a single currency impossible within the member states. Most of these unions also collapse due to some asymmetrical penchants and preferences that the union brings to the different states where one country may be favored than the other. Due to this