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- Statistics is a mere tool and not facts to make strong points for decision making.
- Just by using the statistics given it's impossible to make a decision
- Statistics just gives a picture of a sample of total population, which may have different outcome in a single incident.
- In statistics only the common trend of the data is pictured which may differ with randomly picked single outcome.
- How much can be depend on the accuracy and validity of data.
- The interpretation of statistics has to be valid and clear
- They cannot be generalised to other statistics depending on the subjective topic.
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i want these points to be explained in detailed
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What else can I help you with?
What are the advantages and disadvantages of data collection methods in statistics?
There are both advantages and disadvantages of data collection methods in statistics. The main advantages are the metrics and correlation one can draw from statistics. The disadvantages stem from sampling errors.
What are the advantanges and disadvantages of variance in statistics?
There are many advantages and disadvantages of variance in statistics. One disadvantage is that you never know what answer you'll get.
What are the advantages and disadvantages of parametric statistics?
no
What are the advantages and disadvantages of inferential statistics?
One advantage of inferential statistics is that large predictions can be made from small data sets. However, if the sample is not representative of the population then the predictions will be incorrect.
Disadvantages of the mean in statistics?
the mean is affected by outliers
What are the advantages and disadvantages of using official statistics?
Official statistics are more likely to be correct and upto date, however because it is government controlled they maybe bias or not showwing the simple data.
What is a superior observational study?
If we're talking about statistics: There is no superior observational study, each study has its advantages and disadvantages.
What are the advantages and disadvantages of inferential statistics pdf?
Inferential statistics allow researchers to make generalizations about a population based on a sample, providing tools to test hypotheses and estimate parameters. Advantages include the ability to draw conclusions about larger groups, assess relationships between variables, and make predictions. However, disadvantages include the potential for sampling error, reliance on assumptions that may not hold true, and the risk of misinterpretation of results if the sample is not representative. Additionally, inferential statistics can be complex and require a solid understanding of statistical methods.
What are the advantages and disadvantages of descriptive statistics?
Descriptive statistics are very useful for showing and summarizing data when any complex models are nit needed. However, it does not explain the relationship between two or more pieces of data and it does not leave any room to explain randomness in the data.
What is advantages and disadvantages of weighted average?
The advantages of using weighted averages are that it smooths out fluctuations due to statistical outliers. The disadvantage is that this gives a uniformity in the statistics and can make it difficult to project trends.
What are the advantages and disadvantages of registration method applied to statistics?
The registration method in statistics offers the advantage of providing a systematic way to collect and organize data, enhancing accuracy and reliability. It allows for the tracking of changes over time and can facilitate large-scale data analysis. However, disadvantages include potential biases in data collection, the complexity of maintaining accurate records, and the risk of data privacy concerns. Additionally, it may require considerable resources and training to implement effectively.
What are disadvantages of statistics?
Statistics is quantative analysis tool and therefore only looks a general trends for patterns such as the correlation between two things (such as crime and poverty) with out examining the minutiae of individuals experiences. The other form of analysis is qualitative research, which would comprise things such as case studies, observations or in-depth interviews with the group being analysed. Also statistics can show a link between two things with out finding out which causes which.
