Untitled document (1) Essays - Countries, Americas, Islands

Kit should have left Barbados for three reasons. One reason is, she met many lifelong friends on her adventure. Another is, she didn't have a life in Barbados anymore. Finally, she learned unforgettable and valuable life lessons through this change in her life. Kit should have left Barbados because she made many lifelong friends on her adventure. Let's start from the beginning when Kit boards a ship by the name The Dolphin and is joined on deck by Nat Eaton, the son of the ship's captain . Little did she know she had just met the man that would jump into the ocean to save her, even though she didn't need saving, and would eventually marry. She also met many other lifelong friends including Hannah, Prudence, and John. As Ralph Emerson once said "I didn't find my good friends; the Lord gave them to me." Kit should have left Barbados because there was no longer a home for her there. Let's talk about the tropical island for a moment. Yes it is beautiful, but was it really the right place for kit to be? No, it was not. As soon as Kit left she was emotionally free. Barbados should be reserved for elderly men eager to marry. Before her journey to Connecticut, Kit lived a luxury life. This lifestyle was fed to her by her wealthy grandfathers barbadian money. In deep tragedy this grandfather passed away. Her entire world was immediately altered. Weather it be because of his passing or the fact that her personal bank had gone to the actual bank, Kit knew her place was no longer in Barbados. Kit should have left Barbados because she learned unforgettable and valuable life lessons. On The Dolphin when Prudence dropped her doll in the water, kit didn't even think twice about jumping in after it to get it back. After this she was accused of witchcraft for being able to swim yet she was still willing to help. In conclusion, Kit should have left Barbados because she met many lifelong friends, she didn't have a life in Barbados, and she learned valuable life lessons.

May Day Activities for Grades 1-3

May Day Activities for Grades 1-3 Each May, schools across the globe celebrate spring on May Day (May 1). This holiday has been celebrated for thousands of years, and traditions include giving flowers, singing, and dancing around a Maypole. Celebrate the arrival of spring by providing your students with a few of these festive May Day activities. Maypole May Day is often celebrated with a Maypole dance. This popular custom includes weaving ribbons around a pole. To create your own Maypole have students take turns wrapping ribbon (or crepe paper) around a pole. Have two students walk around the pole in opposite directions weaving the ribbon in and out. Once students get the hang of it, play some music and allow them to skip, or dance around the pole as they weave the ribbon. To unwind the ribbon have students reverse their direction. Continue this process until all of the students have had a turn. For additional fun, decorate the top of the Maypole with flowers and have students sing the Maypole song. Maypole Song Here we go around the pole,Round the pole,Round the pole,Here we go around the poleOn the first day of May.(Students name) goes around the pole,Round the pole,Round the pole,(Students name) goes around the poleOn the first day of May. May Baskets Another popular May Day custom is to create a May Day basket. These baskets are filled with candy and flowers and left on the doorstep of a friends home. Back in the day, children would make a basket and leave it on the front porch or the doorknob of a friends home, then they would ring the doorbell and quickly leave without being seen. To renew this fun custom with your students have each child create a basket for a classmate. Materials: Coffee filtersWatercolor markersWater (spray bottle with water)TapeScissorsTissue paper Steps: Have students decorate the coffee filter with the markers, then spray the filter with water so the color bleeds. Set aside to dry.Alternate different color tissue paper (about 3-6) and fold in half twice, then trim the edge, rounding the corners so it almost looks like a triangle.Poke a hole into the point of the tissue paper and secure a pipe cleaner. Then start unfolding the paper to create a petal.Once the basket is dry and the flowers are made, place each flower into the basket. May Day Hoops On May Day young girls would often decorate a wooden hoop with spring flowers and compete in a contest to see who had the best-looking hoop. To re-create this May Day custom, have students partner up and decorate a hula-hoop. Provide students with art supplies, such as ribbon, flowers, crepe paper, yarn, feathers, felt, and markers. Have students decorate the hoop as they wish. Be sure to encourage students to be creative and use their imaginations. May Day Writing Prompts Here are a few May Day writing prompts to encourage your students to think about May Day traditions and customs. What is your favorite May Day tradition or custom?What would you put in your May Day basket?What kinds of games would you play on May Day?How would you decorate a Maypole, give details?Who would you like to leave you a basket, and why? May Day Stories Explore May Day even further by reading a few of these stories to your students on May Day. On the Morn of Mayfest written by Erica SilvermanLittle Grey Rabbits May Day written by Allison UttleyThe Rainbow Tulip  written by Pat MoraQueen of the May   written by Steven Kroll

Passive Writing

Passive Writing Passive Writing Passive Writing By Michael Some English teachers actively encourage their students to depend on active voice, while others allow their students to depend on passive voice. Whats the difference, and why is the difference important? Active voice appears in sentences such as, The detective discovered that the manager was a thief. Passive voice appears in sentences such as, It was discovered that the manager was a thief. Why would someone use passive voice in a sentence like that? Because they want to call the manager a thief, but are afraid to say why! Passive voice is common in scientific papers, because it lets the writers avoid using the words I or we, to avoid saying where their ideas came from. Thats why some teachers think that passive voice sounds more educated. Usually, though, its simply less definite. It might (or might not) fool your teacher, but in the real world, when they have something to say, even scientists dont have the luxury of not being definite. In business writing, sentences make the most sense when the subject comes first, followed by what the subject is doing. So make sure passive writing is not reducing the efficiency of your words. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Business Writing category, check our popular posts, or choose a related post below:When to use "on" and when to use "in"40 Synonyms for â€Å"Different†The "Pied" in The Pied Piper

Urban Policy Research Paper Example | Topics and Well Written Essays - 2250 words

Urban Policy - Research Paper Example In the end, it is important to generate a plan that meets the progressive needs of the community in such a way that benefits the residents of a given region. That should be the approach of urban policy and planning. It is not fruitful to represent only the needs of the few, but the needs of the many must be taken into account above all else. As the global community continues to grow exponentially, existing infrastructure has certainly become taxed to the limit. At the same time, the past century has seen the mass migration of individual members of society moving from rural areas of the earth to more urban environments where their needs can be better met, and where enhanced opportunities for prosperity seem to persist. This reality has necessitated urban communities the world over to activate aggressive urban planning policies in order to account for current needs, as well as to anticipate future issues that might arise. Urban planning itself is a caplet process that is often politically charged and encompasses various aspects of land use and the overall design the urban environment present in cities and major towns. This includes the implementation of appropriate air, water, and infrastructure use that creates the safest and most conducive living environment possible for inhabitants. In the modern era, urban planning al so involves the complex task of designing transportation and distribution networks throughout the region, such that the movement of large amounts of people and goods can take place with minimum disruption and impact on the environment. This can be seen in the case of the Ventura County Transportation Commission, a group of individuals tasked with managing the urban planning necessary to manage one of the most densely populated regions in the United States. The need for urban planning dates back to the early days of industry in the mid-19th century. It was

BUSINESS GLOBALISATION Essay Example | Topics and Well Written Essays - 1750 words

BUSINESS GLOBALISATION - Essay Example Trading Blocs A trading bloc refers to the agreement between certain countries to reduce trade restrictions, tariffs and other trade barriers for each other while imposing strict trade barriers with other nonmember nations. Without any doubts, trade blocs like ‘European Economic Community’ (ECC) and ‘North American Free Trade Agreement’ (NAFTA) exist because they provide great advantages to the member nations (Prempeh, Mensah & Adjibolosoo, pp. 98-99, 2004). First, large markets created through trading blocs allow production to take place in bulk, which in turn means that firms can take advantage of economies of scale. Second, companies within the trading blocs come closer to each other, which lead to greater competition (Wiarda, pp. 93-98, 2007). Quite understandably, greater competition leads to higher level of efficiency. Third, when tariffs decrease due to trade blocs, the cost of imports goes down and consumers can purchase products with lower prices. F ourth, an individual country may not enjoy that political and economic authority over the globe but a group of countries certainly can have their voice heard (Rossi, pp. 304-305, 2007). In fact, this remains the biggest possible advantage of trade blocs that they allow the members to become interdependent on each other thus making them less vulnerable to the external shocks. Fifth, trade blocs reduce the transactions costs for all the members thus allowing the trade the trade to happen with lesser monetary and time costs (Ervin & Smith, pp. 185-186, 2008). Changes in the Balance of Trade in during 20th century Without any doubts, the world is a completely changed place as compared to what it was a century ago. The world has undergone a complete transformation in the 20th century and the same is true for world trade. The balance of trade refers to the total value of exports minus the value of imports of a country during the given year. The balance of world trade in the past century h as changed largely. During the early days of the 20th century, most of the countries at that time used to avoid trade deficits and considered it as bad for the economy. The process of Globalisation was slow and most economies comparatively were closed economies. However, as of the data of CIA for the year 2010, out of the 191 countries on their list, only 61 countries or 32 percent of the countries had a trade surplus and the rest of the them were showing trade deficits. Quite understandably, this refers to the fact that the balance of the world trade in totality is in negative giving a trade deficit. The biggest trade deficit was for the economic superpower United States of America with 561 billion US dollars (Steger, pp. 74-78, 2010). Furthermore, even economic powers like United Kingdom, India, France, Brazil, Canada, and Australia had deficits of more than 35 billion US dollars (Steger, pp. 74-78, 2010). However, upcoming Asian giants China, Japan, and Germany remain at the top of list with trade surpluses of 272, 166, and 162 billion US dollars (Steger, pp. 74-78, 2010). Economies of Scale With Globalisation and increasing international trade, economies of scale have emerged as an extremely important factor in expansion and production of various industries. Economies of scale refer to ‘the phenomenon where the cost per unit decreases with increasing production’ (Rossi, pp. 304-305, 2007). It allows the firm to lower its costs and gain greater market share or the firm may decide to maintain the

Effect of Demographics on the Choice of Investments

Effect of Demographics on the Choice of Investments It has been observed that over the last decade the Income of the third world countries such as India, China and Indonesia has grown at a high pace. As the wealth of the people increases they will have confidence in the markets and start investing in financial products. This research paper deals with the investment decisions of all individuals across different income groups, age, gender etc. and tries to identify the affect of demographic factors on the decision making investors The study aims to find out if the demographic factors of an individual namely his age, income, gender, savings, source of income and investment experience have any effect on the patterns of investment and hence affect his risk taking ability. Advanced quantitative techniques have been used to investigate the data and judgment has been given on the basis of statistical output. The results would help the managers in the Wealth Management process in advising their clients better regarding investments that are most suitable according to their demographics and personality type. The study provides evidence that the investment choice depends on and is affected by the demographic variables. Introduction India, China and Brazil showed the highest growth in the number of HNIs in the year 2007 (The world wealth report 2008). The growth in the exposure that these markets have still remains untapped as they have only 3 percent exposure to equities. As the wealth of the people increases they will have confidence in the markets and start investing in financial products. In the 1970s and early 1980s, researchers found enough evidences that the markets are efficient and investment decisions are taken rationally. However, over a period of time there have been major challenges to the rationality assumption. Such challenges, coming from behavioral finance, continue to advance the argument that the traditional finance theorys predictive power is no match to what investors observe and experience in the markets, in reality. Behavioral finance is a new emerging science that exploits the irrational behavior of the investors. According to the behavioral economists, individuals do not function perfectly as the classical school opines. Weber (1999) makes the observation, à ¢Ã¢â€š ¬Ã…“Behavioral finance closely combines individual behavior and market phenomena and uses the knowledge taken from both psychological field and financial theoryà ¢Ã¢â€š ¬?. The key result of a behavioral finance-enhanced relationship will be a portfolio to which the advisor can comf ortably adhere while fulfilling the clients long-term goals. This result has obvious advantages which suggests that behavioral finance will continue to play an increasing role in Wealth Management The study aims to find out if the demographic factors of an individual namely his age, income, gender, savings, source of income and investment experience have any effect on the patterns of investment and hence affect his risk taking ability. Quantitative techniques shall be used to investigate the data and the decision will be given on the basis of the analysis. The results would help the people involved in the Wealth Management process in advising their clients better regarding investments that are most suitable according to their demographics and personality type. Objective The objective of this paper is to investigate how the investment choice is affected by the demographics of the investors, once we study the choice effecting variables, we will use past data and monitor what have been the returns achieved from such proportion of investments and we shall determine the ideal portfolio and mix in the portfolio. Such knowledge will be highly useful for financial advisors as it will help them to advise their clients regarding investments that are appropriate with respect to their demographic profiles. Literature review A number of studies have been conducted to study how risk tolerance varies with the individual demographics, such as, gender, age, education, income, etc. Most of these studies have, however, concentrated on exploring the gender differences in investment choice. Harlow and Keith (1990) found that women prefer low risk bets when asked to make choices in an experimental market environment, involving auctions and lotteries (Olsen and Cox, 2001). Experimental evidence suggests that women may be more risk averse towards gamble (Hershey and Schoemaker, 1980). Large-scale one-on-one attitude surveys by the Investment Company Institute and SRI International in the year 1996 and 1997 respectively, also revealed that women tend to prefer lower risk assets than men. (Olsen and Cox, 2001). Women hold less risky assets than men (Jianakoplos and Bernasek, 1998) and they also choose less risky alternatives (Powll and Ansic, 1997). Women exhibited less risk-taking behavior than men in their most recent, largest and riskiest mutual fund investment decisions (Dwyer et al., 2002). Women are more risk averse than men in gambles, investment frames with possibility of loss and gamble frame with no losses (Eckel and Grossman, 2003). Brynes and Miller (1999) have studied and investigated the relationship between risk and gender and concluded that women tend to take less risk than men (Olsen and Cox, 2001). Women are less likely to invest in riskier but high return assets than men (Mc Donald, 1997). However, the empirical investigation of gender difference in risk taking is inconclusive (Charness and Gneezy, 2004). While most research conducted prior to 1980 concluded that gender difference clearly exists, more recent research studies yield mixed results (Changanti and Parasuraman, 1996; and Powell and Ansic, 1997). Males and females are equally successful in taking decisions under conditions of risk (Hudgen and Fatkin, 1985). They are equally effective in the leadership role (Eagly et al., 1995) and are equally capable of processing and reacting to information (Stinerock et al., 1991). As businessmen/women, many studies have found similar level of performance for women-owned business as those which are owned by men (Kalleberg and Leicht, 1991; and Fischer et al., 1993). In an abstract lottery choice, Schubert et al. (2000) framed choices as either potential gain, or potential loss. They found that women are more risk averse than men in domain of gain, while men are more risk averse than women in the frame of loss domain. Women fund mangersà ¢Ã¢â€š ¬Ã¢â‚¬ both domestic and internationalà ¢Ã¢â€š ¬Ã¢â‚¬ hold portfolios which are marginally riskier than those of men, and their returns also outperform those of men (Bliss and Potter, 2001). Women were found to be less risk averse than men when the gambles were framed as insurance (Duda et al., 2004). Although, the impact of gender on risk taking is significantly weakened when investor knowledge of financial markets and investments is controlled in the regression equation, the greater level of risk aversion among wome n, which is frequently documented in the literature, cannot be completely, explained by knowledge disparities (Dwyer et al., 2002). In the Indian context, Gupta (www.info.gov.hk/gia/general/bandhk/1118105.html) has indicated that from the angle of investor protection, the regulation of the new issue market is important for several reasons. The number of small investors in new issue market is massive. Most of new investors make their first entry into equity investments via the new issue market. So retaining common investor confidence in primary markets is important. Madhusoodan (www.nyse.com/press/NT00545421.html) has indicated that in the Indian stock market, higher risk is not priced, hence investment in higher risk instruments is of no use. Kakati (www.investorclaims.com/html/bokermisconduct.html) has indicated that Indian IPOs are under priced in the short run and overpriced in the long run. Selling after allotment, around the listing month, is the cause of major return differences between IPOs performance in the short run and long run. Gokaran has studied the financing patterns of the corporate growth in the country. The study indicated that equity markets suffer serious inadequacies as a mechanism for raising capital. Murali (www.ssrn.com) has indicated that new issues market (NIM) focuses on decreasing information asymmetry, easy accessibility of capital by large sections of medium and small enterprises, national level participation in promoting efficient investments, and increasing a culture of investments in productive sector. In order that these goals are achieved, a substantial level of improvement in the regulatory standards in India at the voluntary and enforcement levels is warranted. The most crucial steps to achieve these goals would be to develop measures to strengthen the new issues market. To effectively and efficiently serve clients in todays competitive industry, financial planners increasingly rely on information technology. The larger the financial planning firm, the more critical the use of information technology becomes as its applications extend to areas outside financial planning such as payroll, accounting, marketing, and operations. This article proposes the establishment of a new research discipline, financial planning informatics, which focuses on the development of technology tools to support the unique needs of financial planners. We live in the information age. Information is the result of processing, manipulating, and organizing data in a way that creates new knowledge (Rahman 2006). A number of studies have been conducted to study how risk tolerance varies with the individual demographics, such as, gender, age, education, income, etc (Schooley Worden, 1996; Shaw, 1996; Xiao Noring, 1994; Watson and Naughton, 2007). Most of these studies have, however, concentrated on exploring the gender differences in investment choice. The impact of other demographic factors, such as, age, education, income, occupation and dependents on investment choice has not been investigated by many researchers. But whatever studies have been done suggest that they (other demographic factors) affect individuals investment decisions. Risk tolerance, a persons attitude towards accepting risk, is an important concept which has implications for both financial service providers and consumers. For the latter, risk tolerance is one factor which may determine the appropriate composition of assets in a portfolio which is optimal in terms of risk and return relative to the needs of the individual (Droms, 1987). In fact, the well-documented home country bias of investors may be a manifestation of risk aversion on the part of investors (see Cooper, and Kaplanis, 1994 and Simons, 1999). For fund managers, Jacobs and Levy (1996) argue that the inability to effectively determine investor risk tolerance may lead to homogeneity among investment funds. Further, Schirripa and Tecotzky (2000) argue that the standard Markowitz portfolio optimization process can be optimised by pooling groups of investors together with different attitudes to risk into a single efficient portfolio that maintains the groups average risk tolerance. Although a number of factors have been proposed and tested, a brief survey of the results reveals a distinct lack of consensus. First, it is generally thought that risk tolerance decreases with age (see Wallach and Kogan 1961; McInish 1982; Morin and Suarez 1983; and Palsson 1996) although this relationship may not necessarily be linear (see Riley and Chow 1992; Bajtelsmit and VanDerhai 1997). Intuitively this result can be explained by the fact that younger investors have a greater (expected) number of years to recover from the losses that may be incurred with risky investments. Interestingly, there is some suggestion that biological changes in enzymes due to the aging process may be responsible (see Harlow and Brown, 1990). More recent research however, reveals evidence of a positive relationship or fails to detect any impact of age on risk tolerance (see Wang and Hanna 1997; Grable and Joo 1997; Grable and Lytton 1998, Hanna, Gutter and Fan, 1998; Grable 2000, Hariharan, Chapman a nd Domian, 2000; and Gollier and Zeckhauser, 2002). A second demographic which is frequently argued to determine risk tolerance is gender and Bajtelsmit and Bernasek (1996), Palsson (1996), Jianakoplos and Bernasek (1998), Bajtelsmit, Bernasek and Jianakoplos (1999), Powell and Ansic (1997), and Grable (2000) find support for the notion that females have a lower preference for risk than males. Grable and Joo (1999) and Hanna, Gutter and Fan (1998) however, find that gender is not significant in predicting financial risk tolerance. Education is a third factor which is thought to increase a persons capacity to evaluate risks inherent to the investment process and therefore endow them with a higher financial risk tolerance (see Baker and Haslem, 1974; Haliassos and Bertaut, 1995; Sung and Hanna, 1996). Shaw (1996) derives a model which suggests an element of circularity in this argument however, as the relative risk aversion of an individual is shown to determine the rate of human capital acquisition. Income and wealth are two related factors which are hypothesised to exert a positive relationship on the preferred level of risk (see Friedman 1974; Cohn, Lewellen, Lease and Schlarbaum 1975; Blume 1978; Riley and Chow 1992; Grable and Lytton 1999; Schooley and Worden 1996; Shaw 1996; and Bernheim et al, 2001). For the latter, however, the issue is not clear cut. On the one hand, wealthy individuals can more easily afford to incur the losses resulting from a risky investment and their accumulated wealth may even be a reflection of their preferred level of risk. Alternatively, wealthy people may be more conservative with their money while people with low levels of personal wealth may view risky investments as a form of lottery ticket and be more willing to bear the risk associated with such payoffs. This argument is analogous to Bowmans (1982) proposition that troubled firms prefer and seek risk. Investigation of the investment decisions made by married individuals presents a unique challenge to researchers as the investment portfolio of the couple may reflect the combined risk preferences of the couple (Bernasek and Shwiff, 2001). The available evidence suggests that single investors are more risk tolerant (Roszkowski, Snelbecker and Leimberg, 1993) although some research has failed to identify any significant relationship (McInish, 1982; Masters, 1989; and Haliassos and Bertaut, 1995). Methodology The study employs primary data collected by communicating with the respondents with the help of a structured questionnaire. Before undertaking the survey, a pilot test of the questionnaire was done with 40 respondents. Their views were incorporated in the final questionnaire and desired results were obtained. The study is based on responses obtained from the respondents belonging to a wide cross section. The total sample consisted of about 150 people, Males/Females from Salaried/ Self Employed, were split from different Age groups of Less than 35, 35-45, 45 and above. Investment Experience (Measured in the No of years) and the savings of Individuals post investment was also observed. The study employed non-probabilistic sampling method to select the respondents. The sampling method used can best be described as a mix of judgmental and convenient sampling. The questionnaire (Annexure) consists of a risk profiling exercise combined with the demographic characteristics required about the investor. Later a combination of cluster analysis along with a couple of other tests like LOGIT, PROBIT Etc will be used. DATA ANALYSIS The risk taking ability of the respondents was found by looking at the patterns and similarities that could be found and understood in the data. Techniques of Regression and Logit tests are used. Then the demographic characteristics of the people to their risk taking ability and any similar patterns are also identified. From the final questionnaire we got to know the risk profile, demographic profile, choice of investments, other habits and observations etc. Later any patterns and similarities were looked at in the data. The analysis was done using Logit tests identifying probabilities, Multi logistic regression, Man- Whitney U test and chi square. The following hypotheses were formulated to study whether the choice of Investment depends upon variables, such as, gender, age, income, educational qualification and occupation. The hypotheses are stated as follows: Ho.1: There is no significant difference between the males and females in their choice of investment avenues. Ho.2: There is no significant difference among the investors belonging to different age groups in their choice of investment avenues. Ho.3: There is no significant difference between the investors of different occupations in their choice of investment avenues. Ho.4: There is no significant difference between the investors having different investment experience in their choice of investment avenues. Ho.5: There is no significant difference between the investors having different savings post investment in their choice of investment avenues. Logit Regression Using the data, we have calculated if the respondent is a risk taking or a risk averse investor. His risk taking behavior is taken as a Dependent variable. The various independent variables include Age, Gender, No of dependents, Income; savings post investments, investment experience etc. The model studies the change in the dependent variable due to change in all these independent variables. We use ungrouped method of Logit regression as we observe that these variables are independent and are not very much correlated with each other; hence they show lesser chance of hetroscedasticity with each other. Wald statistic (test) was used to test the significance of individual logistic regression coefficients for each independent variables ( that is to test the null hypothesis in logistic regression that a particular logit coefficient is zero). It is the ratio of the unstandardised logit coefficient to its standard error. The Wald statistic and its corresponding p probability level is part of the SPSS output. The independents may be dropped from the equations when their effect is not significant by the Wald statistic. We observe that the regression equation is significant at 10% with Wald value of 2.959. It was observed that among the independent variables the Age, gender and Investment experience are considered to be significant with a Wald value of 18.571, 3.47, 3.457 respectively they are also significant as they fall in significance level of 10%. However No of dependents, the Income and savings post investment are not significant enough and they are not at a significant level too with more than 10% significance level. It is observed that the number of dependents or siblings of a person does not define his risk taking ability and capacity, same is the reason for the person being salaried or being self employed for his living. There is no pattern observed for the level of savings that person has after his investment habits. Hence it can be said that the risk taking capacity can be mainly judged by his Age, Gender and Investment experience. The logit can be converted easily into an odds ratio simply by using an exponential function. The original odds are multiplied by e to the bth power, where b is the logistic regression coefficient, when the given independent increases by one unit. The ratio of odds ratio of the independent is the ratio of the relative importance of the independent variables on the dependent variables. The value of ratio for income 1.083 . Hence a unit change in income affects the change in risk taking ability by 1.083 Further in the regression equation the variable Age is highly significant with the score of 21.443 in the equation, so is gender and investment experience. The equation has a overall statistics of 28.953 with a appropriate significance level. R Square in logistic regression R2 à ¢Ã¢â€š ¬Ã¢â‚¬Å" measures attempts to measure strength of association. For small examples, for instance, an R2 à ¢Ã¢â€š ¬Ã¢â‚¬Å" like measure might be high when the goodness of fit was unacceptable by model chi- square or some other test. Cox and Snell R square is used to in the interpretation of multiple R square based on the likelihood, but the value lesser than1 is, the better. Here the value is 0.230. Nagelkerkes R2 divides Cox and Snells R2 by its maximum in order to achieve a measure that ranges from 0 to 1. Therefore Nagelkerkes R2 which is here 0.310 will normally be higher than the Cox and Snell measure but will tend to run lower than the corresponding OLS R2 which is 133.048. Nagelkerkes R2 is the most-reported of the R-squared estimates. Conclusion The insight of how an investment choice gets affected by the demographic variables helps the financial advisors to advise their clients better. The clients, on the other hand, on being advised regarding the investments that suit their profile, will not only rate such an advice higher but will also appreciate it. This study thus, will certainly improve the mutual trust between the advisor and his client. Similar studies with diverse samples will help in understanding the investment psychology better. From the research we observe that the risk taking ability can be mainly judged by his Age, Gender and Investment experience. That is if the person falls in a specific age category, the financial planner cab be readily prepared for the desires level of risky portfolio to be offered to the client. It has been noticed from the data that mostly people with high age are risk adverse on the contrary young people like to take very high risks and invest in aggressive stocks and speculative instruments. Men have been observed to be more risk taking and aggressive than most females. And people who have experience of trading in the financial markets also determine the level of risk they like to take. It is observed that the no of dependents or siblings that a person does not define his risk taking ability and capacity initially we thought that people who have more no of siblings would like to take less risk however same has not been observed in this case, same is the case for the person being salaried or being self employed for his living. Similarly no pattern has been observed for the level of savings that person has after his investment habits and the level of risk that he like to take.

How Is Friar Lawrence Presented in Romeo and Juliet Essay

During the play of Romeo and Juliet, the characters show love in many different ways. Some characters fall in and out of love very quickly in Romeo and Juliet. For example, Romeo is in love with Rosaline at the start of the play, which is presented as an immature action. Today, we might use the term â€Å"puppy love† to describe this. Romeo’s lover Rosaline is shallow and nobody really believes that it will last, including Friar Laurence: Romeo – â€Å"Thou chid’st me oft for loving Rosaline† Friar Laurence – â€Å"For doting, not loving, pupil mine†. In the first meeting of Romeo and Juliet, Shakespeare uses religion in describing the first love & sight of Romeo and Juliet. Such as â€Å"good pilgrim† when Juliet first responded to Romeo’s compliment, this show religious use. However during Romeo’s & Juliet’s first meeting they share a sonnet to express each other’s first love for one another, â€Å"The gentile sin this† is a very ironic line because it’s end result is death. Just before Romeo & Juliet share their first kiss, Juliet exclaims herself as a saint â€Å"Saints do not move, though grant for prayers’ sake† – Juliet is saying that her prayers have been answered. Romeo described Juliet as a saint â€Å"O then, dear saint, let lips do what hands do†, this means she’s seen holy by Romeo. During the first Balcony scene Shakespeare introduces the example of love from the first meeting of Romeo & Juliet, example such as â€Å"Dear saint†. Romeo says â€Å"Juliet is the Sun†, which is describing Juliet as a special part of the universe the centre of everything, for example, without the sun life would not be able to exist also life revolves around the sun and it seems to make Juliet seem brighter and more important. During the beginning of the fight between Tybalt and Romeo, Romeo pleads with Tybalt to not to fight â€Å"I do protest I never injured thee, but love thee better than thou canst devise† Only Romeo knows of the love and marriage between himself and Juliet. Tybalt, Juliet cousin is now part of Romeo’s family, and does not want to hurt/ kill him for the future love between himself and Juliet. Tybalt emphases his anger with horns on his costume in Romeo & Juliet the film. Also Tybalt does not know about Romeo and Juliet so he decides he wants a fight. After Romeo exits and Tybalt kills Mercutio Romeo enters and kills Tybalt, this questions Juliet over Romeo; does Romeo prefer friends of family? Romeo expected the death sentence, but the decision was to only banish him, he acted badly to this ecision – â€Å"Ha! Banishment? Be merciful – say death†, He would rather prefer death because he’d be with Juliet when she dies than never see her again – â€Å"Let me ta’en, let me be put to death† During the 2nd balcony scene Romeo says â€Å"more light and light, more dark and dark our woes† this means that whenever there’s more happiness, there will always be darkness in the ba ckground, and their love is gradually being taken over by darkness making them scared. During the dying scene Romeo sees Juliet as being dead. â€Å"Thy drugs are quick. Thus with a kiss I die† Romeo exclaims that finally their love has been overrun with sin and wrong doing in life, the only way for them to be together is in death. When Juliet wakes up and realises Romeo is dead, she takes her own life because if she cannot be with her lover Romeo in life, than they shall share death â€Å"O Happy dagger!  This is thy sheath, – there rust, and let me die† she is happy to take death over life with sin. In conclusion Romeo and Juliet’s life was only taken from them because of the selfishness immaturity between themselves. Also Friar Lawrence should not have encouraged them to go forward with Juliet pretending to die. However because of the many sin’s Romeo and Juliet had committed, they would have probably chosen death over life.