ERROR TERM
Margin of error in a statistical and/or mathematical model created when the model fails to fully depict the actual connection between the independent variable(s) and the dependent variable. Hence, it is the amount at which the formation may be different during empirical analysis. Also called residual or remainder.
POPULAR TERMS
NZD
The abbreviation for the New Zealand dollar, the currency of New Zealand.
Block Grant
Money awarded, by a government, to state and local officials. Earmarked for a given project or projects, it outlines the guidelines for spending th ...
Self-Interest
Self-Interest is is putting first the self in benefitting from actions. The father of economics, Adam Smith stated that it is possible to reach the ...
Pareto Analysis
This technique is based on the Pareto Principle which is used for decision making. It is known as the 80/20 rule. Basically, this analysis is based ...
State Bank
A State Bank is a bank chartered by the state for the provision of commercial banking. Unlike the central bank or the reserve bank, the state bank ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Working Capital
Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
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| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | BRC Shop Price Index | Dec | |
| 03:45 | Markit Final Manufacturing PMI | Dec | |
| 07:30 | Commodity Prices | Dec | |
| 10:15 | PMI Manufacturing | Dec | |
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| 10:55 | PMI Manufacturing | Dec | |
| 11:00 | PMI Manufacturing | Dec | |
| 11:00 | M3 Money Supply | Nov |
