Suchergebnisse

In 1886 a large gold field was discovered in the heart of South Africa. This led not only to a significant change in the comparative advantage of the country, but also to a considerable inflow of both labour and capital. The movements of these productive factors came in spurts and for many, years set the pattern for, or at least synchronized with, the cyclical swings in the South African economy.One of the most striking of the capital movements of this period was occasioned by the gold mining boom of 1894-5. The initial wave of foreign investment in the gold mining industry came in 1888-9. However, the excessive exuberance of the early speculators, the difficulties arising from the occurrence of pyritic ore below water level, and the development of a world-wide business crisis in 1890 all conspired to make this initial boom short lived. Furthermore, the gold mining industry needed to acquire maturity and respectability before it could arouse the interest of more conservative investors. It was therefore not until the middle nineties that the major wave of foreign investment developed.

"Elementary Statistics and Applications is designed for a beginning course. Principles of gathering and presenting statistics, frequency-distribution analysis, probability theory and the normal curve, correlation, time-series analysis, and forecasting are included. Elementary sampling procedure, only so far as it is founded upon the assumption of normal sampling distributions, is also included"--Preface. (PsycINFO Database Record (c) 2011 APA, all rights reserved).