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The importance of statistical modeling is obvious because we often need modelling for the purpose of prediction, to describe the phenomena and many procdures in statistics are based on assumption of a statistical model. Modeling is also important for statistical inference and make decision about population parameter.
M. Yousaf Khan
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What are the advantages and disadvantages of using scientific models?
disadvantages *not to scale *there are limitations
What are the advantages and disadvantages of using the polygon method?
One of the main advantages of using the polygon method is speed. The main disadvantage to this method is the fact that it cannot adequately represent curved items.
What are the advantages and disadvantages of measures of central tendency?
One advantage to using central tendency is the fact that is represents all data. A disadvantage to using central tendency is the fact that extremes can skew the data.
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.
Advantages and disadvantages of data models?
1. Abstraction : model is described using universal principles and properties- reusable across situations, hides complexity. 2. Transparency : close representation to real world-intuitively clear and understandable from any point of view. 3. Effectiveness : readily translated into actual information systems that are durable, reliable, and extensible.
What are advantages and disadvantages of using a heligimbal?
what are the advantages and disadvantages of using a heligimbal
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.
Advantages and disadvantages of using technology in refrigeration?
what are the advantages and disadvantages of refrigeration
What are the advantages and the disadvantages of using quilting?
what is the advantages and disadvantages of quilted fabric
What are the advantages and disadvantages to using a ring mouse?
advantages and disadvantages of ring mouse
Advantages Disadvantages of using a shaper machine?
what are advantages and disadvantages of shapper machine
What is the advantages and disadvantages of usinf sales figures?
There are great advantages and disadvantages to using sales figures. Advantages to using sales figures is to help with projections of sale for future years. The disadvantages of using sales figures is the market is volatile.
What are the advantages of using a electronic diary?
What are all the advantages and disadvantages of using an electronic dairy?
Advantages kg disadvantages of using inorganic refrigerants?
There are several advantages and disadvantages of using 1 KG inorganic refrigerants. Some of the advantages and disadvantages are cost, energy efficiency, safety issues, and system issues.
What are the advantages and disadvantages of using scientific models?
disadvantages *not to scale *there are limitations
What are the advantages and disadvantages of using a stripboard?
glen
What are the advantages and disadvantages of using neutralization?
potato.
