Both the public irrationality thesis and the Republican brain hypothesis claim that ideological polarization arises from overreliance on cognitive rules of thumb
Rules of thumb
and formulas without competent analysis will not derive a value that is credible.
Essentially, the majority invoked two rules of thumb
Lacking quantitative measures for comparing the benefits of insurance against its costs, firms understandably develop and rely upon simple rules of thumb
for determining how much risk they should retain.
To apply these rules of thumb
to the initial question, assume your herd has 20 ewes, two rams, and 36 weaned lambs.
Rules of thumb
can have their place in a valuation.
Parker says that the people who make up rules of thumb
Relying on experience, rules of thumb
and intuition, these doctors link the color, shape and surface features of their patients' tongues to specific health disorders.
Rules of Thumb
for Chemical Engineers solves process design problems quickly, accurately and safely, with hundreds of common sense techniques, shortcuts and calculations.
Because rules of thumb
or best estimates by management are generally considered to be low-quality evidence of fair value in that typically they are unsupported by accepted valuation practices used by qualified valuation specialists, the company may be required to record a "cheap stock charge" for additional compensation expense.
But someone in her situation should follow the general rules of thumb
for saving and investing.
But the retailer has some general rules of thumb
for choosing a site.
Accountants often revert to business valuation rules of thumb
to determine ranges of value in these engagements.
Factory work was done according to the craft system; jobs were "trades," and their secrets and rules of thumb
were passed down, slowly and grudgingly, from master to apprentice.
There should be similar local rules of thumb
for other livestock as well.