+ Linear regression is a simple statistical process and so is easy to carry out.
+ Some non-linear relationships can be converted to linear relationships using simple transformations.
- The error structure may not be suitable for regression (independent, identically distributed).
- The regression model used may not be appropriate or an important variable may have been omitted.
- The residual error may be too large.
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.
Since time-series forecasts are relatively easy and inexpensive to construct, they are used quite extensively.
There are clear advantages to the deductive method. These include that the person is more likely to learn and remember how they got to the answer in the future and also they remember the stages they have gone through. A major disadvantage is that it does take longer than other methods.
They make forecasts based on both present and past values of the variables. Stated in non-technical terms, they assume that somehow history repeats itself, i.e. that some patterns in the time series behavior of data are recurrent. As a consequence, the past is useful to predict the future.
urmmm .. shows cause and effecthas high control which lead to high reliability & validity
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.
not alot
Advantages .open invioce methods is that it is conducive to offering discounts for prompt payments. Disadvantages .open invoice methods is the added complexity required to main information about the status
Save time Easyto use
Since time-series forecasts are relatively easy and inexpensive to construct, they are used quite extensively.
Since time-series forecasts are relatively easy and inexpensive to construct, they are used quite extensively.
1, describe the methode of reducing the levels and thier relative advantages and disadvantages 2, writetypes of levelling instruments and methodes of leveling
The advantages to certain NDT methods is that most of the inspections can be done while the part is still on the main structure, they also allow for bulk inspections. Some disadvantages to the methods are that some of them can be very time consuming as well as susceptible to human error in reading of the results.
Advantages of using scientific methods: You can test in many different ways, and the more times you test, the more accurate your results will be. Disadvantages of using scientific methods: You can come up with different results which can disprove your hypothesis, and this leads to inconsistent conclusions.
Advantages of the telegram include the ability to securely send a message. It was convenient and faster than other communication methods at one time. Disadvantages of the telegram would be the cost. Sending a telegram is expensive.
There are three main methods to castration. These are: banding, cutting, and pinching. Each method has their own advantages and disadvantages.
One advantage to using an artificial method of family planning is that they are usually pretty reliable. A disadvantage to these methods are possible side effects.