Showing posts with label experiment. Show all posts
Showing posts with label experiment. Show all posts

Sunday, April 17, 2016

Nigerians confused about Buharinomics should study Islamic principles.

Western finance is Haram.

Wikipedia: Islamic economics
The central features of an Islamic economy are often summarized as: (1) the "behavioral norms and moral foundations" derived from the Quran and Sunnah; (2) collection of Zakat and other Islamic taxes, (3) prohibition of interest (riba) charged on loans.
Advocates of Islamic economics generally describe it as neither socialist nor capitalist, but as a "third way", an ideal mean with none of the drawbacks of the other two systems.
Among the claims made for an Islamic economic system by Islamic activists and revivalists are that the gap between the rich and the poor will be reduced and prosperity enhanced by such means as the discouraging of the hoarding of wealth, taxing wealth (through zakat) but not trade, exposing lenders to risk through Profit sharing and venture capital, discouraging of hoarding of food for speculation, and other sinful activities such as unlawful confiscation of land.
Does this help you understand the President's constraints better? For instance, no loan deal, but investment deals and currency swaps are good. China yes but IMF no.  You're welcome.  Please leave a donation.

Meanwhile,
a few ridiculous faithful people have been about the internet explaining the President's economic moves, plans, strategies...

Sunday, November 25, 2012

Converting between Alexa rank and number of site visitors


I think there is a weirdly linear (in a log-log sense) relationship between the visitor count (number of monthly visitors) and the global Alexa rank of a website.
This is called a power law.
It is easy enough to remember - a little like Moore's law, or Ohm's law :)
Relationship between Alexa rank and monthly visitors
It implies that to improve your ranking by a factor of 10, you need 10 times the visitors.
To halve your ranking, double the visitor count.  
If you dropped to 1/3 of your usual site visitors, your new ranking will be old ranking x three.
And so on.

Here's the data I used:

Site %Traffic Reach Est. Monthly Visitors* Alexa rank
yahoo  20 1000000000 4
craigslist  1.5 75000000 42
meetup 0.2 10000000 465
nairaland 0.08 4000000 1385
jobberman 0.02 1000000 4653
cp-africa 0.004 200000 44206
wemabank  0.00028 14000 557445

*The monthly visitors numbers are estimated by assuming jobberman has 1million visitors per month (I think that corresponds to a ranking around 5k) and that the traffic reach percentage (data given by alexa for each site) is simply number of visitors for this site / a fixed number corresponding to all traffic.  That is, take the traffic to be proportional to the traffic reach percentage.

Previously on UpNaira

 

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