merits and demerits of index number
The two main branches of statistics is Descriptive statistics and inferential statistics.
statistics
father of statistics
No, 'statistics' is a noun.
merits and demerits of index number
Merits and de merits of chemical fertilizer?
merits of motorway? merits of motorway?
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.
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engneering
I am not certain that the described activity merits my attention. Do your merits outweigh your demerits?
merits and demerits of plastics
= What are the Merits of joint family? =
hotel merits and demerits
Merits and demerits
Reliable and comprehensive statistics can be very expensive to collect and process. You may not have the authority to force compliance and so your data may have serious gaps. These pitfalls can be avoided if there are suitable secondary statistics that have already been compiled. However, you may not know exactly how the statistics were compiled and processed so may not fully know what they represent. Also, they may not measure exactly what you want or may not be based on the exact target population. These demerits can be overcome by collecting the statistics yourself.