Introduction: Why Multicollinearity Matters in Data Analysis Multicollinearity is a common issue in regression analysis that can mislead results and weaken the reliability of your models. Whether you’re a student, data analyst, or researcher, understanding how multicollinearity affects your outcomes is crucial for building accurate predictive models. What Is Multicollinearity? A Simple Explanation Multicollinearity occurs […]
Author: Rais
The global economy in 2025 presents a mixed picture, while some countries are recovering rapidly from the impacts of COVID and geopolitical shocks, other countries are still mired in persistent economic turbulence. In this markedly complex world, Pakistan is grappling with some of the worst economic challenges, including inflation, currency devaluation, debt, and many more
World Economy vs Pakistan: Key Economic Trends of 2025Read More »
Policy Considerations and Government Interventions A. How subsidies affect the elasticity equation If Farm subsidies shake up the typical demand elasticity patterns we see in agricultural markets. When governments step in with direct payments or price supports, they create an artificial price floor that changes how consumers and producers respond to market signals. Take corn
What is Elasticity of Demand for Agricultural ProductsRead More »
Farmers are constantly seeking innovative ways to enhance crop yields while minimizing water waste. Smart irrigation systems have emerged as a game-changer in precision agriculture, allowing for more efficient water use and improved crop health. By leveraging advanced technologies such as sensors and data analytics, smart irrigation systems enable farmers to make data-driven decisions. This
Smart Irrigation Systems to Boost Crop Yields EfficientlyRead More »
In the realm of spiritual guidance, few names resonate as profoundly as Hazrat Ali, a revered figure known for his wisdom and insight. His inspirational quotes have been a beacon of hope and guidance for many, offering timeless wisdom that transcends generations. These quotes not only provide life guidance but also serve as a reminder
The intricate relationships between Iran, Israel, and Islam have been a focal point of global attention, influencing the geopolitical landscape of the Middle East. The complex dynamics at play involve a delicate balance of historical, religious, and political factors, often leading to conflict and tension in the region. Understanding these dynamics is crucial for grasping
Unraveling the Dynamics of Iran, Israel, and IslamRead More »
Introduction Inflation is a persistent economic challenge that affects every sector of society. In Pakistan, rising inflation has become a serious concern for policymakers and citizens alike. From the cost of groceries to utility bills, inflation touches the lives of millions of Pakistanis, especially low- and middle-income households. This article explores the causes, trends, and
Understanding Inflation in Pakistan: Causes, Trends, and Impact on Daily LifeRead More »
Area of barly Pakistan Source: CRS, PBS, Agriculture Statics of Pakistan YEAR Punjab Sindh KPK Balochistan Pakistan 1947-48 230 22 156 7 415 1948-49 336 32 199 6 573 1949-50 277 33 176 11 497 1950-51 256 29 136 8 429 1951-52 253 18 155 5 431 1952-53 267 19 192 6 484 1953-54 300
Trends of area, production and productivity of Barly crop in Pakistan 1947-2024Read More »
Area of bajra crop in Pakistan Source: CRS, PBS, Agriculture Statics of Pakistan Unit 000 acres YEAR Punjab Sindh KPK Balochistan Pakistan 1947-48 1210 712 70 6 1998 1948-49 1450 760 110 9 2329 1949-50 1426 808 125 9 2368 1950-51 1469 821 106 7 2403 1951-52 1191 724 96 6 2017 1952-53 1380 696
Trends of area, production and productivity of Bajra crop in PakistanRead More »
Area of Rice cultivation in Pakistan Source: CRS, PBS, Agriculture Statics of Pakistan Unit 000 acres YEAR Punjab Sindh KPK Balochistan Pakistan 1947-48 664 1137 28 123 1952 1948-49 736 1186 34 119 2075 1949-50 862 1280 38 125 2305 1950-51 872 1348 38 134 2392 1951-52 762 1249 38 135 2184 1952-53 770
Rice in Pakistan: Historical Trends in Area, Productivity, and Output (1947–2024)Read More »