How do you measure market efficiency? The simplest measure of efficiency is the optimised Sharpe ratio. This can be calculated over a finite time horizon, in a market with finitely many assets. Let us suppose we have n+1 assets, and that the risk free return factor (ie 1 plus the risk-free rate) is r. What […]
What is an open expression in math?
What is an open expression in math? A mathematical sentence makes a statement about two expressions. A closed sentence is a mathematical sentence that is known to be either true or false. An open sentence in math means that it uses variables and is not known whether or not the mathematical sentence is true or […]
What is Phaung Daw Oo Pagoda festival?
What is Phaung Daw Oo Pagoda festival? Set in and around the stilted villages of Inle Lake the Phaung Daw Oo Pagoda Festival is one of the largest Buddhist festivals in Myanmar. Pilgrims from all over the country come to this festival to pay homage to the four Buddha images and gain merit whilst enjoying […]
How does a regenerative pump work?
How does a regenerative pump work? Regenerative shower pumps, such as our CT range of pumps , have a water wheel impeller inside the end of the pump. Water enters the pump through the inlet, the impeller spins the water around inside the impeller casing, building pressure as the water travels around the end of […]
Why are turtle eggs illegal?
Why are turtle eggs illegal? On many Central American beaches, poachers destroy more than 90% of sea turtle nests to sell the eggs into the illegal wildlife trade. The eggs are smuggled to cities where they are eaten as a delicacy in restaurants and bars. This wildlife crime is devastating for endangered sea turtles. Is […]
Which religion came first to Malaysia?
Which religion came first to Malaysia? Islam is thought to have been brought to Malaysia around the 12th century by Indian traders. In the early 15th century the Malacca Sultanate, commonly considered the first independent state in the peninsula, was founded. Which religion is followed in Malaysia? Islam, Malaysia’s official religion, is followed by about […]
What is an accrued revenue?
What is an accrued revenue? Accrued revenue is revenue that has been earned by providing a good or service, but for which no cash has been received. Accrued revenues are recorded as receivables on the balance sheet to reflect the amount of money that customers owe the business for the goods or services they purchased. […]
How hard is it to climb Mount Kenya?
What does the WIAT test measure?
What does the WIAT test measure? The WIAT stands of the Wechsler Individual Achievement Test. An achievement test measures how an individual is doing in areas of academic school work. The WIAT give a summary of function in common school subjects like reading, math, written language, and oral language. How do I prepare for the […]
What are some famous Christmas quotes?
What are some famous Christmas quotes? “Christmas is the season of joy, of gift-giving, and of families united.” “Peace on earth will come to stay when we live Christmas every day.” “He who has not Christmas in his heart will never find it under a tree.” “Like snowflakes, my Christmas memories gather and dance—each beautiful, […]