Clik here to view.
Jamaica and ‘Big Data’: The Future of Research
The emergence of ‘big data‘ – the wealth of information being collected daily on customer behaviour and attitude via websites such as Facebook, Twitter, Linkedin etc – will cause a change in research...
View ArticleClik here to view.
Is there a methodology for collecting and analyzing big data?
Jahangir Mohammed provided the most detailed response to our question on Quora - September 2, 2012. We wanted to find out if there was a systematic process/ method involved in the analysis, collection...
View ArticleClik here to view.
Most likely outcome if Jamaica fails to sign new IMF deal…soon
The Equation: The following outline what I believe to be the most likely economic outcome if an agreement is not reached (soon), between Jamaica and the International Monetary Fund (IMF): Further...
View ArticleClik here to view.
Yes, there are opportunities in a depreciated Jamaican Dollar!
Public discussion surrounding the depreciating dollar have been one sided, looking only at the negatives associated with the decline. With the exception of Dr. Damian King (Senior Economist, UWI), I’m...
View ArticleClik here to view.
Independent Contractor vs Employee: The Tax Question
Should you hire an Independent Contractor or Employee? One is not an alternative to the other by the standards laid out by the revenue department. It is therefore crucial that business owners...
View ArticleClik here to view.
Financial advice on starting a business in Jamaica
As we work ourselves out of our economic problems, Jamaicans who know how to “tek dem hand and mek fashion” will start new business ventures. Enterprising gardeners will provide services for lawn care...
View ArticleClik here to view.
Codes & Reproducible Analysis
Data analysis should be reproducible! That is, a colleague should be able to look at your codes (yes codes) and clearly understand each step that was taken to produce your results. This is not as...
View ArticleClik here to view.
Jamaica’s biggest problems are opportunities for its best minds
Recently I read a post on LinkedIn titled “We need our brightest people working on our biggest problem “. The post was written by Bill Gates, who made reference to his foundation and their fight to...
View ArticleClik here to view.
There is nothing Boring About Statistics
“There’s nothing boring about stats” - Hans Rosling. In this one hour documentary, Hans Rosling highlights the joys of statistics and the inherent beauty in the numbers.Filed under: Perspectives,...
View ArticleClik here to view.
Home-Based Businesses,The Way Forward For Jamaica
Encouraging home-based businesses as a sector is a smart move in any economy, but for the Jamaican economy it is even more important as we pull out of this recession and into a period of recovery and...
View ArticleClik here to view.
Why Can’t We Come Together As One Caribbean? It’s All Legal
With recent developments surrounding West Indies Cricket, and calls for Jamaica to have its own international team, we have decided to revisit the Caribbean Integration project. Consider this a walk...
View ArticleClik here to view.
Economics and the Caribbean Integration problem
There are four fundamental principles that governs the economics discipline. They are as follows: All economic behaviours can be grouped under one or more of these principles. In the case of the...
View ArticleClik here to view.
London Olympics 2012: Drug Free?
This article seeks to examine the measures that have been put in place to identify and disqualify drug users at the Olympics in London 2012. Hugh Robertson – the UK Minister of Sports and Olympics –...
View ArticleClik here to view.
Balcostics: 2013 Year in Review
It was Sir Richard who said “Screw it, Let’s do it!” and this was certainly our theme at Balcostics for 2013 as the company experienced many successes and stayed focus to our mission of empowering...
View ArticleClik here to view.
Correlation or Causation: The most common errors made in data analysis
The research field is prone to errors with significant consequences on generalizing results and interpreting statistical relationships.The following are some of the most common: Assuming you have a...
View Article
