O desenvolvimento da análise financeira nos últimos anos

A Análise Financeira dos Índices tem sido usada largamente, desde o fim do século passado na avaliação das demonstrações financeiras; no entanto, encontrou-se desacreditada por volta dos anos 60. Assim, por essa época, Beaver; baseando-se na literatura existente, testa empiricamente muitas crenças tidas como verdadeiras e chega a resultados diferentes. Para isso, utilizou-se de metodologia estatística univariada, isto é, analisou cada índice isoladamente. Altman refuta a metodologia usada por Beaver e cria um modelo utilizando se da estatística multivariada, isto é, vários Índices são estudados, estabelecendo um score limite. Outros autores, baseando-se nestes dois estudos, ora criticando, ora comparando, montam outros modelos. Assim temos: Deakin, Blum, Libby, Kennedy, Kanitz, Zappa, Collongues, Conan, Holder, C.E.S.A. e outros que não foram mencionados neste trabalho. Este estudo mostrou o trabalho de cada autor individualmente e, num segundo momento, apresentou críticas e comparações sofridas por esses modelos, procurando evidenciar que essas críticas e comparações serviram para estimular o desenvolvimento da Análise Financeira, a tal ponto que pode-se citar Altman que, devido a críticas e também ao seu interesse em atualizar os dados, reformula o seu modelo original (1968), criando o modelo Zeta (1977). A segunda preocupação deste trabalho foi evidenciar alguns pontos que puderam ser colhidos do material disponível. Assim, procurou-se responder quais os Índices que mais foram usados pelos modelos e, como conclusão, chegou-se a evidência de que não existem alguns poucos índices que melhor discriminem uma empresa falida e não falida. Outra indagação foi, se esses modelos serviriam para todos os tipos e tamanhos de empresas, e concluiu-se que servem, desde que o analista os adapte às suas necessidades peculiares. E, por fim, procurou-se verificar a que finalidade esses modelos podiam corresponder. E, assim, apontou-se a análise de crédito comercial, para investimento, para decisões internas, para compra e venda de ações etc. Conclui-se, pois, que os vários modelos desenvolvidos nestes últimos anos, realmente trouxeram progresso à Análise Financeira, mas que esses resultados devem ser cuidadosa mente adaptados às diversas realidades e mais, dado ao desenvolvimento de outras ciências, podem somar-se esforços com intuito de alcançar um maior desenvolvimento.

Metodologia estatística na solução do problema do caixeiro viajante e na avaliação de algoritmos : um estudo aplicado à transgenética computacional

The problems of combinatory optimization have involved a large number of researchers in search of approximative solutions for them, since it is generally accepted that they are unsolvable in polynomial time. Initially, these solutions were focused on heuristics. Currently, metaheuristics are used more for this task, especially those based on evolutionary algorithms. The two main contributions of this work are: the creation of what is called an -Operon- heuristic, for the construction of the information chains necessary for the implementation of transgenetic (evolutionary) algorithms, mainly using statistical methodology - the Cluster Analysis and the Principal Component Analysis; and the utilization of statistical analyses that are adequate for the evaluation of the performance of the algorithms that are developed to solve these problems. The aim of the Operon is to construct good quality dynamic information chains to promote an -intelligent- search in the space of solutions. The Traveling Salesman Problem (TSP) is intended for applications based on a transgenetic algorithmic known as ProtoG. A strategy is also proposed for the renovation of part of the chromosome population indicated by adopting a minimum limit in the coefficient of variation of the adequation function of the individuals, with calculations based on the population. Statistical methodology is used for the evaluation of the performance of four algorithms, as follows: the proposed ProtoG, two memetic algorithms and a Simulated Annealing algorithm. Three performance analyses of these algorithms are proposed. The first is accomplished through the Logistic Regression, based on the probability of finding an optimal solution for a TSP instance by the algorithm being tested. The second is accomplished through Survival Analysis, based on a probability of the time observed for its execution until an optimal solution is achieved. The third is accomplished by means of a non-parametric Analysis of Variance, considering the Percent Error of the Solution (PES) obtained by the percentage in which the solution found exceeds the best solution available in the literature. Six experiments have been conducted applied to sixty-one instances of Euclidean TSP with sizes of up to 1,655 cities. The first two experiments deal with the adjustments of four parameters used in the ProtoG algorithm in an attempt to improve its performance. The last four have been undertaken to evaluate the performance of the ProtoG in comparison to the three algorithms adopted. For these sixty-one instances, it has been concluded on the grounds of statistical tests that there is evidence that the ProtoG performs better than these three algorithms in fifty instances. In addition, for the thirty-six instances considered in the last three trials in which the performance of the algorithms was evaluated through PES, it was observed that the PES average obtained with the ProtoG was less than 1% in almost half of these instances, having reached the greatest average for one instance of 1,173 cities, with an PES average equal to 3.52%. Therefore, the ProtoG can be considered a competitive algorithm for solving the TSP, since it is not rare in the literature find PESs averages greater than 10% to be reported for instances of this size.

PERFIS ESTRATÉGICOS E PERCEPÇÃO DA QUALIDADE: um estudo nos restaurantes da rota turística de Natal-RN

This work is a study of strategic management of catering establishments in the tourist route from Natal, through the study of the strategic profile of the manager and the level of satisfaction with the quality of services offered. Identifies the strategic profile prevalent in the studied sector, measures the level of customer satisfaction with services and associate the two constructs to distinguish the services of strategic profile. Uses population of 33 restaurants, built for convenience, from a list composed establishments associated with the Brazilian Association of Bars and Restaurants - ABRASEL, Veja magazine Christmas food and drink 2011/2012 and information from the natives. It presents statistical methodology used for descriptive bivariate analysis complemented by quantitative data. The quantitative characteristics of the population shows non-normality checked by the Shapiro-Wilks. Used the Kruskal-Wallis test for the realization of the association of variables and the Mann-Whitney test to perform post-test. It shows the strategic profile prevalent in the sector of restoration in Natal is the analyzer, although other types were detected. Notes that the level of satisfaction with the quality of service is getting a high score approximately 5 points in a 6-point Likert scale. Demonstrates that the client can tell the quality of services between the different strategic profiles. Identifies distinction between services provided by prospector profile compared to other profiles, indicating the size as the tangible aspects that presents noticeable difference. Certifies that these variables affect the environment of the restaurant in the building of strategic profile and reflect on the service provided. Concludes that the quality of services provided by catering establishments is influenced by the type of establishment and strategic profile of the study of this relation to establishments offering development opportunities and improving the quality of their services

A Bayesian approach to estimate the accuracy of in-house ELISA assay to measure rabies antibodies from compulsory vaccinated dogs and cattle

Conselho Nacional de Desenvolvimento Científico e Tecnológico (CNPq)

Estatística de levantamentos epidemiológicos sobre cárie dentária, publicados no brasil e no exterior, de 1960 a 2001

The epidemiological surveys are important to the deployment, implementation and evaluation of projects and health actions in a community. The planning, goals, samples, team training/calibration, carrying out and publication of results are extremely important in the epidemiological surveys. Thus, the care with the sample and statistical analysis is fundamental for the results to be consistent and trustworthy in order to be able to be inferred for all the population. The aims of this study is to investigate the statistical methodology used in papers on dental caries epidemiological surveys published from 1960 to 2001. A bibliographical survey was carried out in BBO, MEDLINE and SCIELO databases. The papers found were analyzed with regards to the statistical methodology applied in the whole study, from the sampling to the tabling of data. Most studies (72.6%) only presented the number of elements that composed the sample, without explaining the planning involved in obtaining it.

Cohesión social en América Latina y el Caribe : una revisión de conceptos, marcos de referencia e indicadores

Incluye prólogo de la Sra. Alicia Bárcena

La viabilidad de la construcción de un índice sintético de cohesión social para América Latina

Incluye Bibliografía

Hacia un núcleo de indicadores clave de cohesión social: un paso atrás, dos adelante

Incluye Bibliografía

Social cohesion in Latin America: concepts, frames of reference and Indicators

Includes bibliography

Metodología para análisis intersectorial de estrategias de crecimiento y empleo

Incluye Bibliografía

Manual de cuentas trimestrales

Incluye Bibliografía

Report on the proposal for technological and methodological cooperation on census-taking

Includes bibliography

Desafíos y tendencias de la modernización de los sistemas estadísticos nacionales: el mejoramiento de la calidad metodológica en el Instituto Nacional de Estadísticas

Documento de referencia, n. 24

Análisis comparativo de las implicaciones de la política macroeconómica: los choques externos y los sistemas de protección social en la pobreza y la desigualdad en siete países de América Latina

Incluye bibliografía

Implicaciones de la política macroeconómica, los choques externos y los sistemas de protección social en la pobreza, la desigualdad y la vulnerabilidad en América Latina y el Caribe: México

Incluye bibliografía