Extreme-value analysis of canadian wind speeds

Estimates of extreme winds are essential for engineering design, but in preparing such estimates major statistical issues are encountered. In this case study, the analysts were provided with hourly readings on wind speed, wind direction, and barometric pressure at five Canadian stations for observation periods ranging over several recent decades. Their assignment was to calculate point and interval estimates of 10-, 20-, 50-, and 100-year return values (i.e., upper fractiles) for the wind speeds at these stations.     

Perceived income adequacy and selected financial management practices among families in Chile and Mexico

The purpose of this study was to explore the perceived adequacy of families' incomes and selected financial management practices (food budgetin debt, saving) in two Latin American countries. An interview survey was used to gather socioeconomic and demographic information from 537 families in Chile and Mexico. There were major differences between Chile and Mexico in the income adequacy responses and also major differences within countries between income levels. Implications of the findings for policy makers and curriculum planners who work in developing countries with inflationary conditions and income inadequacies are discussed.     

Turning plans into action— A case study

This article focuses attention on the shorter term and on improving financial performance. The author puts forward familiar arguments that planning and action should be a continuous process involving line management and the major staff functions, the whole process directed by the Chief Executive.

The effectiveness of a Corporate Planning system is very much influenced by the extent to which it is seen to improve short term results and medium term potential for the business as a whole. The Corporate Plan should be conceived and used as a working document. The article illustrates how Simon Engineering set about meeting these criteria.