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

Analog model in operation management , Define Analog Model in Operation Man...

Define Analog Model in Operation Management? Definition of Analog Model: A model in which one physical property is used to represent another physical property.

IT Management, What are some good IT Management assignments 50% ?

What are some good IT Management assignments 50% ?

Current page table and shadow page table, #question.explain current page ta...

#question.explain current page table and shadow page table

Modern marketing reseach, how does modern marketing research help business ...

how does modern marketing research help business to face competition

Assignment, define international marketing and furnish its feature

define international marketing and furnish its feature

Operations management, 2. ‘Good inventory planning needs time (scheduling)...

2. ‘Good inventory planning needs time (scheduling) and costs money.’ Critically evaluate this statement using examples (from inventory systems) to illustrate your understanding o

Organization behavior, What are the factors to set the value of the organiz...

What are the factors to set the value of the organization

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