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How do you use the word merits in a sentence?
I am not certain that the described activity merits my attention. Do your merits outweigh your demerits?
What are merits and demerits of grading system?
Merits: the students would be relieved from exam tensions. Demerits: the students getting 91 marks also get the same grade as the student getting 99 marks.
3 Give a brief note of the measures of central tendency together with their merits and Demerits Which is the best measure of central tendency and why?
ANS: Measures of central tendency will quantify the middle of the distribution. The measures in case of population are the parameters and in case of sample, the measures are statistics that are estimates of population parameters. The three most common ways of measuring the centre of distribution is the mean, mode and median.In case of population, the measures of dispersion are used to quantify the spread of the distribution. Range, interquartile range, mean absolute deviation and standard deviation are four measures to calculate the dispersion.The measures of central tendency and measures of dispersion summarise mass data in terms of its two important features.i. With respect to nature of data to cluster around a central valueii. With respect to their spread from their central valueArithmetic mean is defined as the sum of all values divided by number of values.Median of a set of values is the middle most value when the values are arranged in the ascending order of magnitude.Mode is the value which has the highest frequencyThe measures of variations are:i. Range (R)ii. Quartile Deviations ( Q.D)iii. Mean Deviations (M.D)iv. Standard Deviations (S.D)Coefficient of variation is a relative measure expressed in percentage and is defined as:CV in %=
State the merits and demerits of primary and secondary data?
Secondary data helps in reducing time, effort and money required for the collection of data. It is easily available. It can be obtained from Text books, net etc.
What is merits and demerits of statistics?
Statistics is important in many ways. For instance, it helps in decision-making, they are easy to analyze, they prove important for benchmarking purposes and they ensure information is collected in a standardized way. On the other hand, they present such demerits as time consuming, inability to evaluate user opinions and that statistics is not appropriate when it comes to in-depth understanding of issues.
What are the merits and demerits of the measures of central tendency?
easures of central tendency
What are the merits and demerits of central tendency?
The measures of central tendency are mean, median, and mode. The merits of mean are that it is easily calculated and easy to understands. Demerits are that it may be theoretical and cannot be used for qualitative date.
Explain the merits and demerits of advertising as an aid to trade?
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What are the merits and demerits of an economic system?
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