The world happiness index is calculated to measure world happiness per country since 2000. Find out how YOU can affect this on an individual level.
The Happy Planet index has been criticized for weighting the ecological footprint too heavily; and the ecological footprint is a controversial concept. In addition, the Happy Planet Index has been misunderstood as a measure of personal “happiness”, when in fact, it is a measure of the “hap...
NPS® is a metric that uses customers’ likelihood to recommend a product or service. Find out how to calculate NPS with this useful guide.
Understand that customer happiness starts from within. Happy employees usually mean happy customers. Transparency is king! Communicate clearly and frequently when internal changes might affect external operations. Personalized communication can be your strongest ally in creating loyal customers. Keep an eye...
Is it even quantifiable? Economists are trying to measure happiness in people's lives. Since 1972, Bhutan's GDP measurement has been, replaced by a Gross National Happiness index. It is calculated according to the peoples' sense of being well-governed, their relationship...
Generally speaking, when the Herfindahl-Hirschman Index (HHI) is calculated by summing the squared percentage market shares, how many largest firms data is used in a industry, supposing there are a la
Indexes generally measure economic freedom based on categories like property rights, tax burden, business freedom, and trade freedom. Once a composite score for each country is calculated, economists can rank each region.3 The Heritage Foundation Index of Economic Freedom ...
It is unclear how pet ownership is related to mental health, with some previous research suggesting pet owners have better mental health, while other research suggests they have worse mental health. Some researchers have suggested that it may be more useful to investigate the bond people feel with...
Specifically, to test Hypothesis 4, we calculated the indirect effects with the parametric bootstrapping method and obtained confidence intervals based on Monte Carlo simulations with 20,000 replications using the open-source software R 4.0.0. Such method is followed the suggestion by Preacher et ...
RealGDP is calculatedusing aGDP price deflator, which is the difference in prices between the current year and the base year. For example, if prices rose by 5% since the base year, then the deflator would be 1.05. Nominal GDP is divided by this deflator, yielding real GDP. Nominal GDP ...