Survey:
Sunday, January 4, 2009
Website to post results of surveys
I wish to ask for a volunteer to manage a blog to post the results of the surveys. I need the survey results to be presented in a chart (where appropriate) and to write some comments. This person should be able to use an appropriate software (e.g. WordPress or Blogger). If you are interested to spend time on a vountary basis, send an e-mail to kinlian@gmail.com.
A survey is useful, in spite of its limitations
I am actively using surveys in this blog. I find the results to be useful, as follows:
> It collects the views of a larger number of persons (instead of one person's views)
> Usually 25 replies are sufficient, as results are usually close to a larger sample
> The respondents are usually random and generally unbiased.
There are obvious limitations - hence the results have to be used with caution. Furthermore, it is important to phrase the questions fairly, so as to obtain useful answers.
Some people argue that it is important to select a proper sample. I agree, but this is costly and difficult to achieve. In the absense of this budget and luxury, a simple sample survey on the internet is better than nothing. As someone said, "knowledge is everything".
I wish to encourage people to use sample surveys to gather information for business and social decision.
> It collects the views of a larger number of persons (instead of one person's views)
> Usually 25 replies are sufficient, as results are usually close to a larger sample
> The respondents are usually random and generally unbiased.
There are obvious limitations - hence the results have to be used with caution. Furthermore, it is important to phrase the questions fairly, so as to obtain useful answers.
Some people argue that it is important to select a proper sample. I agree, but this is costly and difficult to achieve. In the absense of this budget and luxury, a simple sample survey on the internet is better than nothing. As someone said, "knowledge is everything".
I wish to encourage people to use sample surveys to gather information for business and social decision.
Partial retreat from globalisation
RBS's shift towards its home market is a microcosm of what most banks are doing all over the world.
And as banks do their patriotic duty and direct their increasingly precious and scare capital resources towards their domestic markets, the amount of credit available in the world as a whole is being compressed.
What's going on can be seen as a partial retreat from globalisation in the financial economy.
The scale and longevity of that retreat in this new year will determine all our economic fortunes, wherever we may be in the world.
And as banks do their patriotic duty and direct their increasingly precious and scare capital resources towards their domestic markets, the amount of credit available in the world as a whole is being compressed.
What's going on can be seen as a partial retreat from globalisation in the financial economy.
The scale and longevity of that retreat in this new year will determine all our economic fortunes, wherever we may be in the world.
http://www.bbc.co.uk/blogs/thereporters/robertpeston/2009/01/british_banks_have_to_lend_mor.html#top
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