Swenani wrote:
@Alba, I hope this helps you
Quote:The world is expected to grow 3.2 percent in 2015 and 3.7 percent next year after expanding 3.3 percent in each of the past two years, according to a Bloomberg survey of economists. China, the Philippines, Kenya, India and Indonesia, which together make up about 16 percent of global gross domestic product, are all forecast to grow more than 5 percent in 2015.which combined account for about a quarter of global growth, are expected to grow 3.1 percent and 2.6
Quote:By comparison, the U.S. and U.K., percent this year, respectively. The euro area probably will expand just 1.2 percent as European Central Bank President Mario Draghi deals with a fragile Greece and embarks on a bond-purchase program to stimulate the region's growth
Quote:Nigeria, Africa's largest economy, is projected to expand 4.9
Alba, If Impunity got an A in Nyakemincha while the rest got D- and the school ended up having a mean grade of D+ we can therefore say that impunity was responsible for the improved performance of Nyakemincha.
Kama haujashikanisha bado,I will give you the same advice Kipchirchir gave you.Read the article again!
Swenani. That is warped logic.
In the example you gave, every student's marks weigh the same. So it is indeed true that one student's grade can actually raise the school's average.
The problem here is that Kenya's contribution to global GDP is so miniscule. It is so miniscule that even if Kenya grew at 10% per year, it would have no impact on the global economy.
A better example would be to say, if a country has 20 million people and one more person is born. Does the population of the country go up? Yes it does but the increase of one person is
statistically insignificant. A 5% growth rate by Kenya is
statistically insignificant to the global economy
Kenya's contribution to the global economy is statistically insignificant because Kenya's GDP is too small to begin with. Its like adding water to the ocean using a bucket.
As for Murchr, I will not bother with him anymore. I doubt he has the ability to construct a logical argument which is why he keeps lazily referring me to the article