Similarities in both values and definitions of Macaulay Duration versus Weighted Average Life can lead to confusing the purpose and calculation of the two. 1  For example, a 5 year fixed-rate interest only bond would have a Weighted Average Life of 5, and a Macaulay Duration that should be very close. Mortgages behave similarly.
Logo for OSHAs VPP. Voluntary Protection Programs (VPP) is an Occupational Safety and Health Administration (OSHA) initiative that encourages private industry and federal agencies to prevent workplace injuries and illnesses through hazard prevention and control, worksite analysis, training; and cooperation between management and workers.
What is code Inspection? Code Inspection is the most formal type of review, which is a kind of static testing to avoid the defect multiplication at a later stage. The main purpose of code inspection is to find defects and it can also spot any process improvement if any. An inspection report lists the findings, which include metrics that can be used to aid improvements to the process as well as correcting defects in the document under review.