The average raise in base pay is expected to be 3.0 percent in 2015, up slightly from 2.9 percent in 2014, 2.8 percent in 2013 and 2.7 percent in 2012.These results are indicative of a steadily increasing trend.he average raise in base pay is expected to be 3.0 percent in 2015, up slightly from 2.9 percent in 2014, 2.8 percent in 2013 and 2.7 percent in 2012.
In summary, ceteris paribus is the commonly used Latin phrase meaning 'all other things remaining constant.' The concept of 'ceteris paribus' is important in economics because in the real world, it is usually hard to isolate all the different variables that may influence or change the outcome of what you are studying.
Creating a Pareto Chart in Excel. The Pareto Principle, named for Italian economist Vilfredo Pareto, suggests that 80% of problems can be traced to as few as 20% of root causes. This can be valuable, even vital information when you are trying to figure out which of many problems to tackle first, or in a complicated troubleshooting environment.