Wednesday, 4 April 2018

Ways to success in Life.



People with more wealth tend to report being happier with life, according to a new psychological study of more than 4,000 millionaires.
The study, which was published in Personality and Social Psychology Bulletin, also found evidence that millionaires who earned their wealth were happier than those who inherited it.
“Many people aspire to great wealth, and becoming a millionaire is a commonly used reference for financial success. The question of whether more wealth leads to greater happiness has interested economists, behavioral scientists and the general public for decades,” said study author Grant E. Donnelly, a doctoral candidate in the Marketing Unit at Harvard Business School.
“In general, our understanding is that wealth matters, but there is diminishing marginal utility. One limitation of our understanding is what happens at the higher end—the millionaires of the world,” Donnelly explained. “Individuals with high net worth are hard to get data on, and most of the studies investigating the question of wealth and happiness has used nationally representative samples which do not have a large number of wealthy respondents.”
“We saw an opportunity here to answer this open question and were able to sample high net worth individuals (all reporting a net worth of over $1 million dollars) and to ask them questions about their wealth and happiness. We were able to do this by partnering with a financial service company who specializes in wealth management for high net worth individuals.”
The researchers analyzed two surveys of millionaires from 17 countries. One survey asked the millionaires to rate their happiness in general while the other asked them to rate their life satisfaction.
Donnelly and his colleagues found that substantially higher levels of wealth — having more than $8 million in one survey and $10 million in the other — were linked to greater well-being.
“The general finding is that more money does lead to more happiness,” Donnelly explained to PsyPost. “So, while we’ve believed before there is diminishing marginal utility, the curve doesn’t diminish as quickly as we once thought — and even when basic needs have been met, acquiring more wealth does increase happiness.”
“Another surprising finding is that the source of this money is also important for happiness—participants who reported primarily inheriting or marrying into wealth reported less happiness. It appears that those who earned their wealth attach more happiness to it.”
The researchers believe that wealth might increase happiness by providing a greater sense of autonomy. The more wealth a person has, they argue, the more freedom they have to choose how to spend their time.
However, the study does have some limitations. The researchers used a cross-sectional design, meaning they cannot draw strong conclusions about cause and effect. For example, it is possible that higher well-being leads to higher wealth — rather than the other way around.
“We asked millionaires how much more money they would need to be ‘1’ point happier or a ‘perfect 10’ on the happiness scale, and they predicted a very large amount,” Donnelly said. “Millionaires are correct that they would be happier with more money, but they underestimate the magnitude of their happiness gains from even earning just a bit more money.
“Future research could evaluate how much ‘normal’ earners estimate needing to be 1 point happier or a perfect 10.”

Monday, 2 October 2017

The definition and uses of AUTO-CAD in a system.

What is Autot-Cad? AutoCAD is a 2-D and 3-D computer-aided drafting software application used in architecture, construction, and manufacturing to assist in the preparation of blueprints and other engineering plans. Professionals who use AutoCAD are often referred to as drafters.



Why do we use Auto-Cad? AutoCAD is one of the recommended design software applications because it provides professionals in these niches with unique drafting tools that can be used to bring their engineering ideas to life with the accuracy they require.


How does Cad operate in System? CAD, or computer-aided design, is a form of computer technology that assists in the drawing and technical drafting of products and even buildings. ... In order to generate the actual model, CAM works alongside CAD—using CAD designs, CAM uses numerical coding to run the machine that creates the product.


How to use Auto-Cad: AutoCAD is a computer-aided drafting software program that enables the user to create precise 2- and 3-dimensional drawings used in construction and manufacturing. You can run the most-recent version of AutoCAD on your Mac or PC. People who learn how to use AutoCAD can create scaled drawings that are used to manufacture equipment, plan infrastructure projects, design electrical circuitry, and build homes and commercial structures.

Steps

  1. 1
    Decide what project you want to use AutoCAD for. AutoCAD programs cover a broad range of applications. You can find specialized programs for your area of interest, including software focusing on architectural, mechanical, civil, aeronautical or electrical drawing.
  2. 2
    Ensure that your computer meets the program's system requirements. AutoCad requires the following:
    • 2 GB RAM
    • 2 GB of space for installation
    • Screen resolution of 1,024 X 768
    • Internet Explorer 7.0 or higher
  3. 3
    Install the AutoCAD program. The process is a basic installation with step-by-step instructions from the Installation Wizard. It takes about 30 minutes to complete. After installation the AutoCAD icon will appear on your desktop. Double-click the icon whenever you want to start the program.
  4. 4
    Familiarize yourself with how to navigate through AutoCAD. The workspace in AutoCAD is divided into 2 distinct areas. The drawing area covers most of the screen and toolbars are anchored above and below the drawing area. They include:
    • Application button: The large, red A at the top, left-hand corner of the screen is the application button. Use it to print files and to exit the program.
    • Quick-access toolbar: This toolbar sits next to the application button and contains common commands like "Save" and "Open."
    • Ribbon: Located below the quick-access toolbar, the ribbon is comprised of a series of tabs (e.g., "Home," "Insert," "Annotate," "View," etc.) that contain groups of standard commands and tools.
    • Status bar: The toolbar across the bottom of the screen is the status bar. It mostly consists of control settings that allow you to monitor changes in the drawing.
    • Command/prompt toolbar: Directly above the status bar is the command/prompt toolbar. This is where the software communicates with you.
  5. 5
    Create a new drawing. From the quick-access toolbar, click "File," and then "New." The new drawing will use 1 of 2 default settings, either imperial or metric. If you want to use specific settings for a drawing, select "Templates" under the Options dialog box. Several Draw a simple figure. Master simple techniques in AutoCAD and practice fundamental skills before moving on to complex drawings. Start with an exercise like drawing a 4-inch horizontal line.
  6. 6
    Locate the small gear icon at the bottom of the screen. This is the Workspace icon. Click it and select "2D Drafting & Annotation."
  7. 7
    Click the Home icon on the left side of the ribbon.
  8. 8
    Select the Line icon from the drop down menu.
  9. 9
    Check the text in the command/prompt toolbar. It should show "Command: _ line Specify first point."
  10. 10
    Move your mouse inside the drawing area. A + symbol should follow the mouse as you move it.
  11. 11
    Click the left mouse button near the center of the drawing area. This is the first point of the line.
  12. 12
    Look for the text "Specify next point or [Undo]" in the command/prompt area.
  13. 13
    Type "@4<0" in the command/prompt area and hit enter twice.
  14. 14
    Your 4-inch line is complete. In this example, @ denotes at the first starting point, 4 represents the unit of measure, < stands for direction, and the number after it, in this case, 0, represents the number of degrees from the horizontal axis.drawing templates come with the program.
  15. 15
    Experiment with other drawing options. Learn to draw other shapes and figures like arcs and rectangles, and master other important functions, like erase, change line types and add colors.
  16. 16
    Build on what you've learned. As you become proficient with AutoCAD, you'll be able to convert lines into 2D surfaces, surfaces into 3D solids, add realistic material representations, and manipulate light and shadows.
  17. 17
    Save your drawing. Go back to the quick-access toolbar, click "Options," "Open" and "Save," and then execute the desired command. To exit the program entirely, click the application button, slide your cursor down to "Exit," and click.

Community Q&A

  • How do you change sizes on a current drawing?
    wikiHow Contributor
    If you are working in AutoCad, then type limits on the size in millimeters or inches.
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Friday, 14 July 2017

Meaning and definition of Microsoft Excel

Microsoft Excel is a spreadsheet program used to store and retrieve numerical data in a grid format of columns and rows. Excel is ideal for entering, calculating and analyzing company data such as sales figures, sales taxes or commissions.

Reports

You can use Excel and Word individually or in combination to create company reports. Word is ideal for presenting reports in written form by summarizing and formatting data using a table of contents, headings, font changes and pagination. Excel can be used to create the supporting data for a written report which might include selecting a particular range of data by date, department or personnel. For example, monthly sales reports can be created according to customer, manufacturer, sales person or product using Excel's data sorting and selection capability which is based on previously defining data by attributes such as department name, manufacturer or acquisition date. Examples of company reports might include financial summaries, compliance documents or personnel reports outlining vacation and sick days.

Research

Companies often investigate and research possible business or production models in “what-if” scenarios. These scenarios might illustrate comparisons among pricing structures, the cost of doing business in different markets or geographical locations or the cost of producing next year's holiday products through different manufacturers. Excel can store and calculate the data as directed using existing or new data. The data and calculations can be stored in separate workbooks -- a workbook is a collection of spreadsheets accessed through a single file with each page of the file being a separate spreadsheet added as a new tab in the workbook.
Microsoft Excel is a spreadsheet program from Microsoft, a component of its Office product group for business applications. In common with similar products, such as Lotus 1-2-3 and Corel's QuattroPro, Excel is an automated version of the paper-based spreadsheet that makes it easier to manipulate, process, and view the data. Although Lotus 1-2-3 was reportedly the first spreadsheet to introduce cell names and macros, Excel implemented a graphical user interface and the ability to point and click using a mouse.

10 Things To Consider When Buying A Computer

Buying a new laptop or desktop PC can be quite confusing. Many people find it difficult to compare prices, features, processor types,etc to find the right choice in accordance with their requirements. In this post we will tell you the top 10 things to consider before buying a PC.
10.  Usability
It is important that you first consider the tasks that you will be performing on your PC. If you wish to buy a computer for simply browsing the internet and using some online services than it might be better to buy a single core computer which satisfies your minimum requirements. On the contrary if you require using it for heavy video editing and professional work, then it might be better to buy a system that has enhanced multimedia options.
Computer
9. Price
This brings us to our next consideration of price. There might be some very fancy features that you want in your new PC. However, if you don’t have the cash to pay for lets say a graphic card with 1GB memory, than you might be better off choosing suitable alternatives.
money
8. Operating System Type.
Users with minimum requirements may be better off buying a Windows Starter or Home Premium version e.g. of Windows 7. For users who wish to take advantage of more enhanced features and require more effective tools such as connecting their PC to a domain are naturally better off buying a Professional or Ultimate Edition. Having said that the cost of a Windows 7 Ultimate Edition can be as much as 219$.
OS Editions
7. Size
Some people prefer buying larger laptops for a better display screen, whereas other prefer smaller and more portable sizes. If you are setting up a server which will be placed in a server room then size considerations will not mater much as large servers with multiple SCSI drives are normally quite big. Whereas, for people with weak eye sights a laptop with a larger display screen might be worth the price.
Size
6. Peripherals
Peripheral devices such as printers,scanners,etc can significantly increase or reduce your price for buying a new PC. It might be better off buying a system with a DVD combo drive if you do not require writing data to DVDs.
Peripherals
5. Brand
Some brands offer better warrantees, whereas others offer software packages that come with the system. For example, a Dell laptop with the same specifications may be cheaper than a Sony Vio. The reason is that Sony provides many of its own softwares with their laptops which saves the users cost for buying software, e.g. a DVD burning. However, if you already have many such licensed or freeware software available, then it might be better to go for a cheaper brands. Acer for instance is known for its low cost laptops that provide more enhanced spcs like hard disk space and RAM as compared to its competitors.
4. Hard Disk
Hard Disk considerations might not mean much to a lay user, nonetheless, having the right amount of disk space and disk type might be the necessary for the efficient management of regular tasks for a professional. A common user may merely have to decide between buying a 120GB or 320 GB hard disk system. An IT professional on the contrary might have to decide between a SCSI or a Sata drive. As a scuzzy or SCSI(Small Computer System Interface) drive might be required for Raid configurations.
3disks
3. RAM
It is obvious that for more professional tasks and to run a Xeon Server there will be more RAM required than for merely using a PC for browsing the internet. Moreover, the RAM type may matter more than many people might consider. For example, there are not many applications currently available that can take advantage of DDR3 RAM types, one may be better of saving some dimes by buying a system with a DDR2 RAM.
kingston_2GB_900MHz_DDR2_RAM_memory-765868
2. Processor
The Processor is one of the most important parts of a system and can mean the difference between a system that frequently hangs and the one that runs smoothly. Some people might think that going for the low cost single core or Dual Core processors is a good idea but I would not recommend either of them for anyone who requires using a system for more than basic usage. Moreover, one might be better off buying a Corei3 system instead of a Core2Duo as the later might be more expensive and less efficient than the former. A Corei3 can cost up to 113$ whereas, a Core2Duo can cost 130$. For more demanding professionals, it might be better idea to buy a corei5 (if not a Core i7), as the core i5 uses Turbo Boost technology other than Hyper Threading.
2010-Intel-Core-Processor-Family
1. Warranty
Warranty makes up the most important consideration for people when buying a system. Having one covered with the right kind of hardware warrantee is essential and should be unconditional. I still remember when Sony had to recall several Laptops due to a battery fault because of which their Laptops caught fire. I’m sure none of us would like to have a Laptop that we can fry omelets on without the guarantee of replacement.
laptop-exploding-battery-fire