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Consumer Theory: Preferences, Choices, and Utility

Classified in Economy

Written on in English with a size of 122.12 KB

Lecture 3: Consumer Theory

Consumer Behavior

  1. Consumer Preferences: The fact that a consumer prefers one good to another.

  2. Budget Constraints: A consumer has limited resources (income) to consume a restricted quantity of goods.

  3. Consumer's Choice: Given their preferences and budget constraints, they will choose the optimal consumption bundle of goods/services to maximize their 'satisfaction'. (Marginal Utility = Marginal Cost)

3 Assumptions about Tastes & Preferences

  1. Completeness: Implies that consumers can compare and rank all possible market baskets. A>B, A<B, or A=B

  2. Transitivity: If a consumer prefers A>B, and B>C, then they must prefer A>C. (A>B>C)

  3. Non-satiation: Consumers are never satisfied; the more, the better.

Utility

... Continue reading "Consumer Theory: Preferences, Choices, and Utility" »

SVM and Naive Bayes: Machine Learning Classification Fundamentals

Classified in Computers

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Support Vector Machines (SVM)

Support Vector Machines (SVM) are powerful supervised machine learning algorithms used for classification and regression tasks. They work by finding the optimal boundary (or hyperplane) that separates different classes in the data.

Imagine you have a dataset with two classes of points belonging to different categories, such as cats and dogs. SVM aims to draw a straight line (or hyperplane) that best separates these two classes while maximizing the margin. The margin is the distance between the hyperplane and the nearest points from each class, known as support vectors.

SVM Example: Classifying Cats and Dogs

Let's illustrate SVM with a dataset of cats and dogs, aiming to classify them based on their weights (in kilograms)... Continue reading "SVM and Naive Bayes: Machine Learning Classification Fundamentals" »

India's Vibrant Film Festivals and Cinema Awards Scene

Classified in Arts and Humanities

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Major Indian Film Festivals and Cinema Awards

What Defines a Film Festival?

Film festivals are events dedicated to showcasing films, often focusing on a specific genre, region, or theme. They serve as a platform for filmmakers, industry professionals, and the public, featuring:

  • Screenings
  • Panel discussions
  • Workshops
  • Awards ceremonies

Prominent Film Festivals Across India

MAMI: Mumbai Film Festival

The Mumbai Film Festival (MAMI) is one of India's major film festivals, held annually in Mumbai. It features a diverse selection of films from around the world.

Dadasaheb Phalke Film Festival

Named after Dadasaheb Phalke, who is considered the father of Indian cinema, this significant film festival in India celebrates independent filmmakers and their work.

International

... Continue reading "India's Vibrant Film Festivals and Cinema Awards Scene" »

The Impact of OTT Platforms and ROI in Film

Classified in Arts and Humanities

Written on in English with a size of 2.87 KB

Emergence of OTT Platforms

Revolutionizing Entertainment Consumption

The emergence of Over-the-Top (OTT) platforms has revolutionized the way people consume entertainment content, including films and TV shows. OTT refers to the delivery of content over the internet, bypassing traditional distribution channels such as cable or satellite TV.

OTT platforms offer a wide range of content that can be streamed on-demand, allowing viewers to watch movies, TV series, documentaries, and other content anytime, anywhere, on various devices like smartphones, tablets, smart TVs, and computers.

Key Aspects of OTT Platforms in Film Communication

  1. Global Reach: OTT platforms have a global reach, allowing filmmakers to reach audiences worldwide without the need for
... Continue reading "The Impact of OTT Platforms and ROI in Film" »

English Phonetics: A Comprehensive Guide to Vowels, Consonants, and Suprasegmentals

Classified in Physical Education

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English Phonetics: A Comprehensive Guide

Vowels

Vowels are defined as speech sounds produced with a relatively open vocal tract, allowing air to flow freely through the mouth. They are characterized by 12 features:

  • Direction of the air
  • Height of the tongue: high, low, and mid vowels
  • Part of the tongue raised: front, central, or back
  • Position of the lips: rounded or spread
  • Length: short or long

Vowels can be classified as either monophthongs or diphthongs. Monophthongs are single vowel sounds, while diphthongs are combinations of two vowel sounds that glide together.

Consonants

Consonants are defined as speech sounds produced with a constriction or closure in the vocal tract, obstructing the flow of air. They are characterized by 24 features:

  • Vocal cords:
... Continue reading "English Phonetics: A Comprehensive Guide to Vowels, Consonants, and Suprasegmentals" »

Interactive Sign-Up Form

Classified in Computers

Written on in English with a size of 112 bytes

Sign-Up Form

Name:Date of Birth:

Age:
Email:
Website:

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Understanding the 80386 Processor State After Reset

Classified in Computers

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80386 Processor State After Reset

After a reset, the 80386 processor is initialized to a specific state to ensure proper operation. Here's an explanation of the processor state after reset:

1. Operating Mode

The processor is initially in Real Mode after a reset. Real Mode is a backward-compatible mode with earlier x86 processors like the 8086/8088. In Real Mode, the processor operates with a 20-bit address bus, allowing it to address up to 1 MB of memory.

2. Segment Registers

The segment registers CS, DS, SS, and ES are set to 0x0000, pointing to the bottom of the physical memory. In Real Mode, these segment registers are 16 bits wide.

3. Instruction Pointer (IP)

The instruction pointer (IP) is set to 0xFFFF, indicating the initial address from which... Continue reading "Understanding the 80386 Processor State After Reset" »

Discover Villamediana de Iregua: History, Culture, and Gastronomy

Classified in French

Written on in English with a size of 1.93 KB

Villamediana de Iregua: A Journey Through Time

Villamediana de Iregua, a charming town nestled in La Rioja, Spain, invites you to explore its rich tapestry of history, culture, and gastronomy. Its strategic location near the Camino de Santiago has profoundly influenced its development over the centuries.

A Glimpse into the Past

The town's historical landmarks, such as the Church of San Miguel and the remnants of its medieval castle, stand as testaments to its vibrant past. These architectural treasures offer a captivating glimpse into Villamediana de Iregua's historical significance.

Cultural Heritage and Traditions

The cultural heritage of Villamediana de Iregua thrives through vibrant traditions and festivities. The Fiestas de San Miguel, a cherished

... Continue reading "Discover Villamediana de Iregua: History, Culture, and Gastronomy" »

A New Life's Dark Beginning

Classified in English

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The Plan Unfolds

Jeremy turned his gaze back towards the old dance studio. He could see movement inside, and he knew that in just a few short moments his chance would come. He thought back to his plan. To start a new life, he would have to take someone with him...

The Abduction

Slowly he crept out of his van. The harsh wind slapped him across his face, and it was raining harder than ever. He slowly and silently made his way over to the door of the studio and stood beyond a pole. The door creaked as it was suddenly pushed open. Someone was coming out. Jeremy leapt out from the darkness of his hiding place. He had to be sure it was the right person. In the light shining out from the door, he could make out a small figure with wispy blonde hair.... Continue reading "A New Life's Dark Beginning" »

Differentiate of Gregorian chants from troubadour music

Classified in Music

Written on in English with a size of 1.62 KB

MIDDLE AGES. (5-14 c.) main purpose of religious music was to teach people the ideas of Christianity. Gregorian chants: singing of the christian church. Primitive polyphony (organum), ars antiqua & ars nova. Profane music: minstrels(travelling musicians) & troubadours. Instruments: flutes, lute, small percussion instr. Compo- Leonin & Perotin, polyphony. Alfonso x the wise: cantigas de santa maria.   RENAISSANCE. (15-16 c.) christian church divided into: catholic church (pope in rome) and protestant church (luther). Patrons of the art appear. Music becomes more human. Vocal music- protestant reformation: chorale (homophony and German). Catholic counter-reformation: motet & mass (counterpoint & latin). Profane music: madrigal-
... Continue reading "Differentiate of Gregorian chants from troubadour music" »