I ² describes the «percentage of the variability
in effect estimates that is due to heterogeneity rather than sampling error (chance)» (Higgins 2002; Higgins 2003).
Grading of Recommendations, Assessment, Development, and Evaluation (GRADE) was applied to determine the confidence
in effect estimates.
We assessed statistical heterogeneity using the I2 statistic, a statistic that quantifies the variability
in effect estimates that is due to heterogeneity rather than chance.
We are unable to tell why there are such strong gender differences
in the effects we estimate, though we suspect it is related to emerging evidence that boys are more sensitive to adverse shocks that occur when they are young than are girls.
Type 4 evidence indicates that one has very little confidence
in the effect estimate, and the true effect is likely to be substantially different from the estimate of the effect.
After creating a full model containing all possible confounders, we performed backward elimination, removing variables whose exclusion from the model resulted in < 10 % change
in the effect estimate for the predictor variable.
Not exact matches
• volume
effect: the impact of changes
in volumes is
estimated by comparing the quantities delivered
in the period under review with the quantities delivered
in the prior period, multiplied,
in both cases, by the weighted average net unit selling price
in the prior period
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately
estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases
in the build rates of certain aircraft; 6) the
effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the
effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the
effect of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the
effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the
effect of changes
in tax law, such as the
effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and
estimate the
effect of such changes; 21) any reduction
in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations
in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
• price
effect: the impact of changes
in average selling prices is
estimated by comparing the weighted average net unit selling price of a range of related products
in the period under review with their weighted average net unit selling price
in the prior period, multiplied,
in both cases, by the volumes sold
in the period under review.
Putting together a galactic - scale blockbuster is a global effort, involving not only this visual
effects shop — Shore
estimates his team is responsible for 250 of the shots cinema - goers will see once Star Wars Episode VII opens on Dec. 18 — but also ILM's head office
in San Francisco, as well as branches
in London and Singapore.
The
effects - laden picture took
in $ 41.2 million
in U.S. and Canadian cinemas over the extended Easter weekend, researcher ComScore Inc.
estimated Sunday
in an email, easily topping last weekend's leader, «Pacific Rim Uprising,» which collected $ 9.2 million
in ticket sales and fell to fifth place.
«On the corporate side, we disregard the temporary increase
in tax payments
in 2018 related to the tax on deemed repatriation; we do not
estimate a growth
effect from those repatriated profits, either,» the note said.
A bleaching event
in 2017 devastated even more of that reef, and the cumulative
effects have killed an
estimated half of the magnificent system
in just two years.
The American Beverage Association dismissed the study
in a statement, saying it did «not show that consuming sugar - sweetened beverages causes chronic diseases and the authors themselves acknowledge that they are at best
estimating effects of sugar - sweetened beverage consumption.»
Street
estimates finally look safe while Y / Y compares on iPhone units and overall AAPL revenue are bottoming
in [calendar] Q1 and should turn flat to up as soon as [calendar] Q4 additionally fueled by less severe [currency exchange] headwinds... iPhone 7 will benefit if nothing else from the 6/6 + «echo»
effect as these units enter the upgrade base, OLED
in ’17 solves growth concerns and builds a bridge to new «dreamy» form factors.
«It is likely that the payroll employment
estimates for September were lower due to the
effects of Hurricanes Irma and Harvey,» William J. Wiatrowski, the acting BLS commissioner, said
in the release.
It could also have a ripple
effect on other types of substance abuse, since an
estimated 80 % of new heroin users start with prescription opioids such as OxyContin — a statistic that may have contributed to the decline
in prescriptions
in the first place.
The NPRM's RIA illustrated a possible
effect of a 60 - day delay
in the commencement of the potential investor gains
estimated in the 2016 RIA.
In fact, newer research has lowered the
estimate for induced demand
effects.
The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) have completed an
estimate of the direct spending and revenue
effects of the Better Care Reconciliation Act of 2017, a Senate amendment
in the nature of a substitute to H.R. 1628.
This assertion had three components: (1) The commenter
estimated the cost over 60 days to be $ 250 million based on the on - going cost from the final 2016 RIA of $ 1.5 billion per year, (2) that cost savings over a 10 - year period were not provided to allow comparison to the negative
effects on investors that would occur over the ten year period, (3) that industry cost savings were not projected out over 10 years using returns on capital
in a similar manner to investors» lost earnings.
Other characteristics that are shared due to the common methodology include: (1) The
estimates encompass both transfers and changes
in society's real resources (the latter being benefits
in the context of the 2016 RIA but costs
in this RIA because gains are forgone); (2) the
estimates have a tendency toward overestimation
in that they reflect an assumption that the April 2016 Fiduciary Rule will eliminate (rather than just reduce) underperformance associated with the practice of incentivizing broker recommendations through variable front - end - load sharing; and (3) the
estimates have a tendency toward underestimation
in that they represented only one negative
effect (poor mutual fund selection) of one source of conflict (load sharing),
in one market segment (IRA investments
in front - load mutual funds).
In this study, the
effects of sea level rise (assumed to continue at present, at the time of the study, rates, which the authors noted was likely conservative), wave fetch, wind speed and direction were examined and the resultant erosion rate was
estimated for the Western and Eastern shore of Uppands, Port Isobel and Tangier Island by selecting 10 points along the western and eastern shoreline of all the islands.
The differences between the budgetary
effects shown here and those
estimated in December 2016 stem from several sources.
The short - run
effect of a corporate tax increase
in revenues is surprisingly small (Chen and Mintz provide the references; see here for how they apply to Canada), and a good
estimate for the long - run
effect is zero.
A day earlier the American Petroleum Institute had
estimated crude oil inventories had risen for the second week
in a row, by a hefty 6.18 million barrels, which was only to be expected as the market is prepared for the Hurricane Harvey
effects on Gulf Coast refining to linger for another few weeks.
Estimates for the
effect of minimum wage are generally stronger than those
in the U.S., and as Morley Gunderson notes
in his 2005 survey of the literature:
[4] Consider the
estimated effects of a decrease
in the cash rate of 100 basis points.
More specifically, it quantitatively
estimates ``... the cost - cutting
effect of the application of the distributed ledger technology for the first time
in Korea.
To illustrate the magnitude of this, we can
estimate the
effects of a 100 basis point reduction
in the cash rate on net interest payments (as a share of household disposable incomes; Graph 6).
As a share of total household sector disposable income, the cash flow
effect in this scenario is
estimated be less than 0.2 per cent on average per annum over each of the next three years (Graph 7).
The inputs were run through the IMPLAN model to
estimate the overall macroeconomic
effects of preserving the status quo, which effectively prevents new pipeline infrastructure from being developed
in the region.
The rule, which was issued on Thursday and which the Labor Department
estimates will directly affect more than 1.1 million people once fully
in effect, enables workers to accrue up to seven days of paid sick leave a year.
in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described
in this prospectus or (B) the exercise of warrants outstanding and which are described
in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including
estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is
effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that
in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that
in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate
in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described
in this bullet point;
Goldman Sachs
estimates that Hurricanes Harvey and Irma will leave a huge dent
in oil demand, an
effect that will be felt across the world.
In addition, any change in these estimates or their related assumptions could have an adverse effect on our operating result
In addition, any change
in these estimates or their related assumptions could have an adverse effect on our operating result
in these
estimates or their related assumptions could have an adverse
effect on our operating results.
Budget scoring: The process of
estimating the budgetary
effects of proposed changes
in tax and expenditure policies and enacted legislation.
I haven't seen any good
estimates of this
effect, but given the current «cost» of the federal dividend tax credit regime (roughly $ 3 billion a year), it's probably not unreasonable to think that a 50 + % increase
in the federal corporate tax rate (from 15 % to 24 %) might cost the fisc.
A surge
in Australia's terms of trade has mitigated the
effect of these developments on the trade deficit, which is
estimated to have been around 3 1/4 per cent of GDP
in the December quarter 2004, wider than at mid year but broadly similar to the outturns of the past year and a half (Graph 32).
The goal of determining real (inflation - adjusted) performance is not completely hopeless, though, because we know what causes long - term changes
in money purchasing power and we can roughly
estimate the long - term
effects of these causes.
Preliminary indications are that the implementation of the tax changes on 1 July proceeded smoothly and that the net tax
effects on prices were broadly
in line with (or possibly slightly lower than) those suggested by prior
estimates.
This provides a possible source of offsetting downward bias
in the
estimate of the net tax
effect.
Thus, the conduct of monetary policy
in coming quarters will require careful interpretation of the data on price developments and assessment of the various
estimates of the net tax
effect on prices that are available.
This partially reflects the view held by some respondents of a pick - up
in underlying inflation, but it also reflects an increase
in the number of respondents who have incorporated an
estimate of the first - year
effect of the GST into their inflation forecasts.
The Government also sets out its policy priorities and new spending initiatives
in the budget, many of which ultimately come into
effect through the
Estimates process.
We expect household job growth will be sufficient to leave the unemployment rate unchanged at 4.3 %, but due to particularly unfavorable calendar
effects, we
estimate a 0.1 % monthly rise
in average hourly earnings (+2.5 % year - over-year).
Likewise, recent
estimates by the Tax Policy Center and the Penn Wharton Budget Model show that dynamic
effects would marginally reduce the revenue loss
in the first decade but significantly increase it over the long run because of the economic consequences of higher debt.
Tax cuts always
effect assets prices, regulations are
estimated to account for up to 35 % of building new construction costs for homes
in some locations and though federal deregulation may not impact local regulations as much it does have a multiplier
effect on the economy just like a tax cut does and anticipation of an infrastructure plan the scale of this administration's, though it hasn't been passed, would also have an anticipatory
effect on leading indicators like stocks and other commodities that raise costs, which we have already seen.
What the conventional scoring process does not do is incorporate the the
effects of any changes
in macroeconomic variables — things like GDP, inflation, and employment — and how those might alter the cost
estimate.
To the extent that a company's accounting for certain income tax
effects of the Tax Act is incomplete but it is able to determine a reasonable
estimate, it must record a provisional
estimate in the financial statements.