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Measurement of the dynamic viscosity of Canola Oil using a ball drop
The viscosity of a particular fluid is an interesting parameter that plays an important role in fluid dynamics of that fluid. We chose the common household cooking item canola oil. Using a ball drop, we set out to measure viscosity at various temperatures and create a model for the viscosity of canola oil as a function of temperature, as well as an accurate measurement for viscosity at room temperature. It was found that the viscosity between 0 and 40 degrees Celsius can be approximated using an exponential function and that an estimation for viscosity at room temperature was not very difficult to obtain. The precision of this measurement was limited by uncertainty in lab equipment used to measure various quantities as well as the image analysis software we used and the limited frame-rate of our camera.
The Birth of Entrepreneurship in the Developing World
We study the the birth of non farming enterprise in the developing world. We test if such activities are led by skills or are an ex-post income smoothing device for uninsured households. We find that farmers become entrepreneurs in response to negative productivity shocks to farming, while credit constraints do not seem to play a substantial role. Importantly, and consistently with irreversible investment or learning-by-doing, these reluctant entrepreneurs do not revert to full farming following new positive productivity shocks. These entrepreneurs are typically under performing entrepreneurs while they were above average farmers. This selection might contribute to the understanding of the dual phenomenon of low-productivity units coexisting in developing countries.