Advantages and disadvantages of statistical methods, Management Theories

Assignment Help:

Advantages of Statistical Methods:

a.Involve relatively large number of observations.
b.Analysis is more objective.
c. Averages and percentages are calculated.
d.Permits the researcher to make more accurate generalizations.
e. Reliability of the generalizations can be measured.

Disadvantages of the Statistical Methods

a.Inability to prove cause and effect relationship.

b.With increase in the number of factors the analysis becomes more and complicated.


Related Discussions:- Advantages and disadvantages of statistical methods

The role of the human rights commissions in Canada, Describe the role of th...

Describe the role of the human rights commissions in Canada, its’ purpose and its’ perceived downfalls. What important advances have been made in our understanding of rights and re

Components of a competitor analysis, Components of a Competitor Analysis: ...

Components of a Competitor Analysis: A framework builds by Michael Porter to back managers in completing a successful and informative assessment of their company competitors.

Single inheritance, identify two single inheritance and one multiple inheri...

identify two single inheritance and one multiple inheritance of an accounting system

How cross cultural training programs are beneficial, How cross cultural tra...

How cross cultural training programs are beneficial for multinational companies? Appropriate data             For addressing this research question, concepts about cross cult

Metering devices, A company produces electrical metering devices that monit...

A company produces electrical metering devices that monitor power quality. The company's fixed cost is $68,000 per month. The variable cost is $80 per metering device. The selling

MOTIVATION, HOW EMPLOYEES CAN BE MOTIVATED

HOW EMPLOYEES CAN BE MOTIVATED

Linear program, management application of linear programming

management application of linear programming

MIS, can you helpe in my assignment

can you helpe in my assignment

Recruitment, What is the process of recruitment?

What is the process of recruitment?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd