The beta coefficient plays a crucial role in finance as a risk measure of a portfolio in comparison to the benchmark portfolio. In the paper, we investigate statistical properties of the sample estimator for the beta coefficient. Assuming that both the holding portfolio and the benchmark...

The beta coefficient plays a crucial role in finance as a risk measure of a portfolio in comparison to the benchmark portfolio. In the paper, we investigate statistical properties of the sample estimator for the beta coefficient. Assuming that both the holding portfolio and the benchmark...

This study aims at providing the psychometric analysis of 2010 Botswana mathematics JC paper 1 in determining the quality of the junior certificate mathematics multiple choice examination test items. The mathematics paper 1 consisted of forty (40) multiple choice test items which was constructed...

Efficient allocation of resources is the basic problem in economics. Firms, educational institutions, universities are faces problem of estimating true abilities and ranking of individuals to be selected for job, admissions and scholarship awards etc. This study will provide a guide line what...

Three decision consistency and accuracy (DC/DA) methods, the Livingston and Lewis (LL) method, LEE method, and the Hambleton and Han (HH) method, were evaluated. The purposes of the study were (1) to evaluate the accuracy and robustness of these methods, especially when their assumptions were...

From a banking supervisory perspective, this paper analyses aspects of market risk of an aggregated trading portfolio comprised of the trading books of 11 German banks with a regulatory approved internal market risk model. Based on real, clean profit and loss data and Value-at-Risk estimates of...

From a banking supervisory perspective, this paper analyses aspects of market risk of an aggregated trading portfolio comprised of the trading books of 11 German banks with a regulatory approved internal market risk model. Based on real, clean profit and loss data and Value-at-Risk estimates of...

In discrimination tests, two different questions usually arise: First of all, we are interested in deciding whether or not there are product differences at all that might be perceived by the assessors. However, often this is not our most important concern, since the main question is whether or...

In discrimination tests, two different questions usually arise: First of all, we are interested in deciding whether or not there are product differences at all that might be perceived by the assessors. However, often this is not our most important concern, since the main question is whether or...

In discrimination tests, two different questions usually arise: First of all, we are interested in deciding whether or not there are product differences at all that might be perceived by the assessors. However, often this is not our most important concern, since the main question is whether or...