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UCL ECONOMICS QOESTIONS AND ANSWERS AQA RATED A+

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History of Economic Thought

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Before Adam Smith - ANS - Aristotle - Scholastics - Mercentilism - Pre-classicist: David Hume - Quesnay & Physiocrats Aristotle (384-322 BC) - ANS Examples of reasoning about economic issues: 1. Exchange can only come if there is a potential surplus from the transaction that parties can share ...

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Geography: Economic Development in the UK 100% PASSED

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Causes of Economic Change in the UK: De-industrialisation - ANS - The north of England used to be a hub for trade with the United States of America and the British Empire. - Cotton and textiles were important English-produced commodities. - Cotton prices in England were benchmarked by the prices ...

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Geography A Level - regenerating places

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How has the function of Stratford changed overtime? - ANS Pre-industrial: known for its agriculture and farming Industrial: manufacturing- all jobs were in manufacturing Present day: retail, tourism, business What global influences have shaped the characteristics of Stratford? - ANS Globalisatio...

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Evaluating the success of urban regeneration

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What are the 3 aspects of regeneration? - ANS - economic regeneration - social progress - living environment What are 3 ways we can measure the success of economic regeneration? - ANS Compare rates of - income - poverty - employment Before & after the scheme What are 3 ways we can measure th...

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economic history

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intro to demographic transition - ANS -the story of the 20th century was one of massive demographic growth -within the lifetime of just our parents the population has over doubled -3 billion in 1960 -7 billion in 2018 -9 billion projection in 2050 stage one of population growth - ANS -classic ...

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ECON0041 Economics of Migration and Job Search RATED A+

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Causes of migration - ANS New jobs Higher wages Cheaper housing Natural disaster Persecution Consequences of migration - ANS *Host country* - increased diversity of goods and services e.g. China town - direct effects on wages, taxes, government spending etc *Home country* - brain drain/gain...

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Econ0002 term 1 QUESTIONS AND ANDWERS ALREADY PASSED

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What is the 90/10 ratio? - ANS average income of the richest 10% divided by the average income of the poorest 90% What does disposable income not measure? - ANS quality of social and physical environment, amount of free time, goods and services you can't buy, goods and services that are produced...

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Development Economics QUESTIONS AND ANSWERS 100% PASSED

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credit - ANS Borrowed money. debt cancellation - ANS The act of eliminating the debt owed by a developing country government in order to allow it to achieve development objectives. development indicators - ANS Statistics that may be used to assess the level of development of an economy. These ma...

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Compass Lexecon QUESTIONS WITH CERTIFIED ANSWERS

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What do Compass Lexecon do? - ANS Compass Lexecon are a world leading economic consultancy firm who provide expert advice to law firms, governments, and corporations across a wide variety of issues. Compass Lexecons global practice has a wide array of divisions (such as international trade and ar...

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Common Questions v3 ALREADY PASSED

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Variation in production systems that is caused by factors that can be clearly identified and possibly even managed is called assignable variation. - ANS True An example of assignable variation in a production system may be that workers are not identically trained - ANS True An example of assigna...

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Chapter 13: Control Charts and Sampling Strategy

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The process mean and sample mean are the same. - ANS FALSE Two samples from the same population and taken at the same point in time are likely to have the same sample mean. - ANS FALSE A line chart is constructed from a scatter plot. - ANS TRUE A control chart must have an UCL and LCL but it is ...

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Business Stats Exam #1

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Which type of test finds the following: (unbounded, UCL) lower/left A set of all items of interest are called the what? population What symbol represents the population size? N Only some of the items of interest are in the what? sample What symbol represent the sample size? n Does the fol...

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BRICS Exam Essay 100% PASSED

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Introduction: Thesis. (+) - ANS The rise of the economic power of BRICS countries represents a significant power shift in the global political economy. Introduction: Is the power being shifted directly toward the BRICS? What is the mere existence of BRICS attempting to do? (SPE-HBRR-C) - ANS This...

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BIOC0001 Practicals

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How many base pairs long is a typical gene? - ANS ~10^4bp. What is supercoiling? What is its purpose? - ANS The twisting of a DS DNA helix around itself allowing it to be packaged efficiently into a cell. Why might two sections of DNA which are the same length travel at different rates during gel...

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BIOC0001 Practicals

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How many base pairs long is a typical gene? - ANS ~10^4bp. What is supercoiling? What is its purpose? - ANS The twisting of a DS DNA helix around itself allowing it to be packaged efficiently into a cell. Why might two sections of DNA which are the same length travel at different rates during gel...

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ADM 106 GRADED A+

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What is the definition of economics? - ANS The production, distribution, and consumption of goods and services. What occurs when competition is low? - ANS Production can be inefficient without being penalized and manpower and other resources can be wasted. What creates more innovation? - ANS Mor...

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Abbott and Bompas- The Woman Citzen and Social Security

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Full title: - ANS The Woman Citizen and Social Security and A Criticism of the proposals made in the Beveridge Report as they affect women Katherine Bompas= Secretary of what? when? - ANS The International Woman Suffrage Alliance in 1923 Elizabeth Abbott education= - ANS Brussels and london, UCL ...

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1 minute answers

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Walk me through your resume - ANS I have 11 GCSES, with a grade 9 in seven of my subjects, and during sixth form I did 4 A levels in which I achieved 3 A*'s and an A. During school, I took part in many finance related work experiences which made me realise that this is the right career for me. f...

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Quality Concepts

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Economics - ANS The production, distribution, and consumption of goods and services. What happens when competition is low? - ANS Production can be inefficient, without being penalized and manpower and other resources can be wasted. Competition leads to lower prices. When you move from monopolies ...

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Post Brexit UK PASSED

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Key issues with brexit In putting Brexit into effect the UK authorities faced a number of issues: -How much economic damage was the UK willing to take in order to obtain the ability to depart from EU legal standards (as doing so would inevitably result in loss of access to the EU Single Market)? ...

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PHAR0003

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What are opioids? - ANS Opioids: • Street use - not for physical pain states. • Patients (signalling in pain pathways) - used in presence of pain. Presence of opioid in presence of pain does not have same effect as recreational use. • Self administration and access, but patient controlled ...

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OSCM373 exam 3 review Q/A 100 PASSED

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A business owner uses 162 parts each day. Ordering cost for parts is $10 per order, and annual holding cost is 1 dollars per unit. Assume 360 days in a year. What is the Economic Order Quantity for parts? - ANS 1,080 EOQ=SQRT(2DS/H)=SQRT(2*162*360*10/1)=1,080 units. A business owner uses 162 par...

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OM323 Q&A RATED A+

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EOQ - ANS ROUND(SQRT( (2DCo)/(UCc) ), 0) AVG inventory - ANS SS + Order Q / 2 Inventory turnover - ANS AVG Sales / AVG Inventory AVG Co - ANS Co * ( D/Q ) AVG Cc - ANS U * Cc * (Q/2 ) TAC - ANS AVG Co + AVG Cc (+ AVG Cp) (If quantity discount) stdDDLT - ANS SQRT( AVGLT * stdD^2 + AVGD^2 * std...

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MSIN1004 - Accounting for Business (UCL)

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How to Balance off An Account Income Statement Items sales revenue less cost of goods sold _____________________________________ gross profit less operating expenses _____________________________________ operating profit (EBIT) less interest _____________________________________ earnings ...

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Migration = KQ3

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emigrant - ANS person who leaves own country in order to live in another LIDC case study - ANS Nigeria give one reason how emigration from an LIDC can provide opportunities for that LIDC (include details) - ANS remittances = consumer spending = invest in businesses = boost local economy provide ...

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Migration = KQ3

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emigrant - ANS person who leaves own country in order to live in another LIDC case study - ANS Nigeria give one reason how emigration from an LIDC can provide opportunities for that LIDC (include details) - ANS remittances = consumer spending = invest in businesses = boost local economy provide ...

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Microeconomics (ECON0013) - Formulas, Definitions and FAQs

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What is a strictly dominant strategy? A strategy which always provides a greater payoff when compared to other strategies (cannot provide an equal payoff; that would be weakly dominant). What is a weakly dominant strategy? A strategy which provides a greater than or equal payoff to other strateg...

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managing finance study guide

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Net Present Value (NPV) - ANS = cash flow / [(1+ discount rate)^ number of years] profitability index - ANS = present value of future cash flows / initial investment ex-rights price equation - ANS = (value of existing shares + value of new shares) / (# of shares) CAPM - ANS Cost of equity = cost ...

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Managerial economics weeks 1-6

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Which of the following is the best example of opportunity cost? Select one: a. a company's expenditures on a training program for its employees b. the rate of return on a company's investment c. the amount of money that a company can earn by depositing excess funds in a money market fund d. t...

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LS 2 PG DIP UCL pharmacy diploma (LIVER TEST ONLY) PHAY0042

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In the liver what is the role of the gall bladder ? your gall bladder where bile is produced and transported via the bile duct releasing the bile into the duodenum Answer = Bile production What is the definition of cholestasis Cholestasis = The reduced bile secretion or flow due to problem with...

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Longitudinal studies

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Define - ANS Research done over long period of time where sample stays the same Why use them? - ANS - allows to measure society over time - allows comparisons to be made - correlations can be identified - cause and effect relationship established - measure things like poverty over life chances ...

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London, UK ALREADY PASSED

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Describe the location - ANS -South East England -Capital of England -River Thames runs through it -Bordered by counties such as Kent, Essex and Buckinghamshire -Population of 9 million - expected to reach 10 million in 2030 What is the importance of London? - ANS -Transport links - M25, rail li...

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LBS prepration

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Introduction question - ANS - Graduated from UCL, BSc economics - student club - RB case competition - hobbies: free-diving (AIDA certification) Why LBS (why school) - ANS - Alumni: - Professional development - gift trip Why MiM programme (not mfa) - ANS - practical designed courses - divers...

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Verbs list

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To come - ANS Aanaa, Aaie, aao, mera dost aata hai To go - ANS Jaana, jaie, jao, main ravivaar ko shopping par jaata hoon To sleep - ANS Sona,soie, so, Mera papa har raat aath ghante sota hain. To get up - ANS Uthna, Uthae, Utho, Main har roz saath baje uthata hoon To wake up - ANS Jaagna, jaagi...

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UW-Madison Economics 310 Chapter 10

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Point Estimator - ANS Estimates the value of an unknown parameter using a single value Interval Estimator - ANS Draws inferences about a population parameter using an interval Unbiased Estimator - ANS Has an expected value (long-run average) which equals the parameter being estimated Consistent ...

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UK- urban case study

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london location and facts - ANS urban area-8.1m pd -11700sqmile found 25km from mouth if the thames inside the m25 importance of london internationally - ANS finance service centres- central time zone between us and asia for longer hours and it is the universal language heathrow- hub airport acc...

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UK economy

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Causes of economic change - ANS De-industrialisation, globalisation, government De-industrialisation - ANS the decline in manufacturing, north of the UK Globalisation - ANS The growing integration of the world's economies Globalisation causing economic change - ANS Cheaper to do certain jobs out...

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UK economic change

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Impacts of industry on the physical environment - ANS The shift from the secondary manufacturing sector to tertiary and quaternary services is good for the environment. Manufacturing usually produces more harmful chemicals and more greenhouse gases than information technology industries. However...

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UCLIS Interview Preparation ALREADY PASSED

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What is the GENERAL mission of UCL Investment Society - ANS Our mission is simple: we believe that top students DESERVE TOP OPPORTUNITIES - and we are here to provide them. What is the 3-fold mission of UCLIS? - ANS 1. EDUCATION: Providing a platform for you to discover where your interests lie a...

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UCL -PSYC0016 - Developmental = can infants think

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Piaget's sensorimotor view of infant cognition - ANS Piaget thought of sensorimotor infants are purely 'out of sight, out of mind' creatures His conditions for symbolic thought and recall were that the infant would have to be able to consider something not perceptually presented, but has to be...

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UCL RATED A+

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what size graft should be used for a thumb ucl reconstruction when using the 3.5 DX SL anchor? a. 4mm b. 2mm c. 5 mm d. 3.5 mm -ANS b. 2 mm in a stensor lesion of the thumb the UCL gets stuck superficial to what structure? a. extensor pollicis aponeuruois b. adductor pollicus aponeuruois c. ...

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UCL Qs: Course & Med School

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Why UCL? 1. Integrated MBBS Curriculum - ANS - There are several reasons I want to study at UCL: - Exposure to clinical practice from first year. - This early patient contact really attracted me: - Can refine communication skills from an early stage - Empathise with patients - Bring medicine to...

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UCL PHOL1001: Topic 7 - Cardiovascular System

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The action potentials in the heart are about 100 times longer than those of skeletal muscle. - ANS True The action potential of skeletal muscle is about 2 ms in duration while the action potentials of the heart cells range from about 150 ms in the cells of the SA node to about 300 ms in a Purkinje...

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UCL Organizational Behavior Final

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Cognitive Dissonance - ANS when a person entertains two inconsistent thoughts, a negative feeling occurs Vicarious Dissonance - ANS when an individual places himself in a hypocrite's position and empathizes with the other's feelings Eliminating Cognitive Dissonance - ANS done by either one cha...

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UCL MBBS Year 1 FHMP 100% PASSED

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What limits cell size? - ANS Surface area to volume ratio! Larger cells are less efficient in moving nutrients and waste across the cell membrane. As cell size increases, distance for _________ to diffuse from the nucleus increases. - ANS As cell size increases, distance for TOXINS, IONS, etc. to...

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UCL MBBS Y1 Thorax Anatomy (From D&P)

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Cell that myelinates PNS nerves - ANS Schwann Cell Cell that myelinates CNS nerves - ANS Oligodendrocyte How many cranial nerves? - ANS 12 pairs How many pairs of spinal nerves? - ANS 31 pairs Which root do sensory nerves form? - ANS Dorsal Which root do motor nerves form? - ANS Ventral Throug...

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UCL Interview Prep

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Tell me about yourself - ANS · I have a background in psychology · I completed my undergraduate degree in Psychology and my postgraduate degree in Health Psychology - both at UCL · Both during and after my studies I've been working as a Dispensing Assistant at a community pharmacy · My most...

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UCL ECON 100% PASSED

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economic rent A payment or other benefit received above and beyond what the individual would have received in his or her next best alternative (or reservation option) isocost line A line that represents all combinations that cost a given total amount cost of production equation c = (wL) + (pR)...

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the uk (london)

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where is london? - ANS south east , western europe, northern hemisphere why good site for development - ANS lowest bridging point on thames and at high tide ships were able to navigate up river so city was a port london population - ANS 1/8th of population lives in london and 37% of ethnic minori...

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The Politics of Democratic socialism- Durbin

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Educational background: - ANS Lionel Robbins his economic tutor for PPE Oxford 1929, scholarship to study under-consumptionist theories at UCL 1929, 1930= appointed to a lectureship in economics at LSE Political background: - ANS nonconformist, active in Union and Oxford Uni Labour Club 1930s Wor...

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The Politics of Democratic socialism- Durbin

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Educational background: - ANS Lionel Robbins his economic tutor for PPE Oxford 1929, scholarship to study under-consumptionist theories at UCL 1929, 1930= appointed to a lectureship in economics at LSE Political background: - ANS nonconformist, active in Union and Oxford Uni Labour Club 1930s Wor...

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Statistical Process Control 100% PASSED

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SPC is based on __________ - ANS samples how close measurements are to each other - ANS precision how close a measurement is to the true value - ANS accuracy - can be described completely by knowing only the mean, and standard deviation - The area under sections of the curve can be used to estim...

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Social determinants of health

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What are the social determinants of health? - ANS conditions in which people are born, grow, live, work and age social economic political model to explain various influences in behaviour - ANS Socioecological attempts to show layers and map relationships between individuals and their health n...

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Regeneration RATED A+

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economic activity - ANS measured by employment and output data, GDP and gross value added economic specialisation and structure - ANS places needing regeneration may increase economic specialisation or diversify economic structure characteristics of economic activity - health (measure, link) - AN...

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