International Conference on Statistical Methods for Analyzing Engineering Data

  Research and development field total number of researchers in Saudi Arabia in 2021, by sector Research and Development statistics for 2021 by the General Authority for Statistics indicate that total expenditure on research and development reached 14.5 billion SAR. Moreover, the total number of employees in this field amounted to 30,220 employees , whereas total number of researchers in the field of research and development was 24,808 in 2021. Total expenditure on research and development  Total expenditure on research and development in Saudi Arabia reached 14.5 billion SAR in 2021. The highest share of expenditure on R&D came from the government sector (50% out of total expenditure), followed by the private sector (35%). 15% of R&D expenditure was related to the education sector. Over 30,000 employees work in research and development Total number of employees in research and development sector was 30,220 employees in 2021. Employees of the education sector represent the hi

        G20 merchandise and services trade resilient in Q1 2023 Following two consecutive quarters of decline, G20 merchandise exports rebounded in value terms in Q1 2023 As measured in current US dollars (Figure 1 and 2). Compared to Q4 2022, exports increased by 2.2%, driven partly by the revival of economic activity in China. G20 merchandise imports contracted by 1.2%, largely reflecting easing energy prices. Strong sales of vehicles and parts contributed to export growth in North America, with exports expanding by 1.0% in the United States, 1.2% in Canada and 1.2% in Mexico. In the European Union, exports increased by 3.0%, propelled by higher shipments of machinery from France, Germany and Italy. EU imports contracted by 1.1%, mainly due to lower energy prices. As higher sales of machinery and transport equipment were offset by reduced shipments of chemicals and fuels, exports remained flat in the United Kingdom, while imports plunged. Fueled by robust sales of steel and electroni

  China's crackdown on data access adds to list of missing statistics The tighter control over information comes after China issued its most sweeping blueprint yet on data ownership in Dec, in a clear sign that data will play a key role in powering Xi's vision for China. China’s crackdown on data access to overseas firms is adding to concerns about how Beijing controls the flow of information in the country, making it difficult for investors to assess the state of the economy.  In recent weeks, domestic data company Wind Information Co. has stopped providing some information to overseas clients, US consultancy Bain & Co. was targeted by investigators and business intelligence firm Capvision raided as part of a new anti-spy campaign. The lack of access to information goes much deeper than that, though. For at least a year or more, data providers — some official and others private — have been restricting information like academic papers and court judgments, official biograph

  Drivers warned over fatigue risk ahead of bank holiday getaway The AA said ‘drowsiness is one of the most underestimated risks on the roads’. Drivers are being warned to avoid falling asleep at the wheel as millions prepare for bank holiday getaways. AA analysis of latest Government figures shows one in 33 casualties on roads in south-west  England  – which includes many popular holiday destinations – were victims of crashes in which fatigue was a contributory factor in 2021. Statistics   also show drivers are three times more likely to drift off and cause collisions on motorways than on other roads. International Conference on Statistical Methods for Analyzing Engineering Data 3rd Edition of Statistics | 29-30 May 2023 | Brazil (Hybrid) Visit: https://statistical-methods-conferences.researchw.com/ #statistics #datascience #data #stats #math #mathematics #dataanalytics #machinelearning #analytics #python #dataanalysis #calculus #algebra #homework #bigdata #datascientist #artificialin

 Trade growth to slow to 1.7% in 2023 following slump in fourth quarter of 2022 The outlook for the global economy has slightly improved since the WTO’s most recent trade forecast was issued in October of last year but the pace of trade expansion in 2023 is still expected to be subpar, weighed down by the ongoing war in Ukraine, stubbornly high inflation, tighter monetary policy and financial uncertainty.  Trade volume growth  WTO economists are now projecting merchandise trade volume growth of 1.7% in 2023 – up from last October’s estimate of 1.0% – accompanied by real GDP growth of 2.4% at market exchange rates (see Chart 1). Growth rates for trade and output this year are expected to be below their respective averages of 2.6% and 2.7% for the 12 years since the trade collapse that followed the global financial crisis. Trade growth should rebound to 3.2% in 2024 as GDP growth picks up to 2.6%, but this estimate is more uncertain than usual due to the presence of substantial downside

  Falling inflation creates space for RBI to keep interest rates unchanged for now Analysts have already begun to lower their inflation forecasts for the entire year. This will create the space for an extended pause by the monetary policy committee In its last meeting, the monetary policy committee had voted unanimously to keep the benchmark repo rate unchanged at 6.5 per cent. The decision was driven by the then prevailing global financial uncertainty and the need for the committee to assess the impact of the policy tightening carried out so far. as measured by the consumer price index, has continued to trend lower , aided by a favourable base effect. Inflation, which had edged above the Reserve Bank of India’s inflation targeting framework in January and February, falling thereafter to 5.66 per cent in March, declined further to an 18-month low of 4.7 per cent in April. Some analysts are now projecting inflation to remain below 5 per cent over the coming few months as well, lower tha

  Mother's Day expenditure in the U.S. 2007-2023 Americans were planning on spending a total of some 36 billion U.S. dollars on Mother’s Day in 2023. This figure has increased considerably over the survey period, with consumers spending an extra 15 billion dollars on loved ones compared to 2013, when expenditure had reached around 20 billion dollars. Mother’s Day in the United States As suggested by the name, Mother’s Day is an annual celebration that honors mothers and motherhood. The modern holiday was first celebrated in the United States in 1908, and later in 1911 it was observed as a holiday in all U.S. states. Initially the holiday was celebrated out of sentiment, however, it was soon commercialized when Mother’s Day cards were put on shelves in the early 1920s. In 2022, U.S. consumers planned to spend nearly three and a half billion U.S. dollars on gift cards for Mother’s Day . Shopping behavior When shopping for a gift for Mother’s Day, a considerable share of respondents t

  When financial distress spreads like a virus Financial distress can spread through the business network that links different firms at a speed that is dependent on the intensity of interfirm interactions. Empirical results show that, starting from the '80s, the economy has lived in a critical state just above a tipping point, making distress contagion more likely and driving strong effects on risk premia. A paper by Claudio Tebaldi (Associate Professor of Finance at Bocconi) and Andrea Buraschi (Chair in Finance at Imperial College Business School) published in Management Science analyzes the impact of the distress shocks propagating through the productive network on prices and risk premia. The authors classify the role of each firm within the network in terms of:Vulnerability, a measure of how much a firm is affected by distress in the network. "Systemic-ness," a measure of how much their distress affects other firms. Remarkably, two different classes of equilibria aris

  Most in-demand skill in the future workplace? New research shows that data literacy will be the most in-demand skill by 2030. According to a report developed by Qlik in partnership with The Future Labs, business leaders and employees alike predict that data literacy, defined in the report as the ability to read, work with, analyze and communicate with data, will be the most in-demand skill by 2030. With 85% of executives saying it will become as vital in the future as the ability to use a computer is today. According to research from analytics software company Qlik, at least 1 in 5 employees believe their employer is preparing them for a more data-oriented and automated workplace (21%). Which holds true in the findings that global employees report their use of data, and its importance in decision-making, has doubled over the past year. While 89% of executives now expect all team members to be able to explain how data has informed their decisions. This demand for data skills reflects

  Retail sales volume decreased in March 2023 The retail sales volume decreased by 1.6 percent in March 2023 compared with February 2023. Retail sales in consumables (excluding Systembolaget, the state-owned chain of liquor stores) increased by 0.3 percent and retail sales in durables decreased by 2.4 percent. These figures are working-day and seasonally adjusted and calculated in fixed prices. “All retail sub-sectors except bookstores showed declines compared to March last year. The largest declines were seen in retail sales in durables, for example the sales volume in stores for building materials and stores for furnitures decreased by more than 20 percent compared to March 2022.”, says Jeongwon Kim, statistician at Statistics Sweden. In the last three-month period (January-March), sales volume in working-day and seasonally adjusted figures decreased by 2.9 percent compared with the previous three-month period (October-December). Retail sales in durables decreased by 3.7 percent and