What is the advantages of statistical method?

What is the advantages of statistical method?

Statistical methods have done more for us than make it practical to measure the reliability of results. They have pro- vided methods of testing technique and have made possible the design of more efficient and more comprehensive experiments.

What are the disadvantage of statistics?

Qualitative Aspect Ignored: The statistical methods don’t study the nature of phenomenon which cannot be expressed in quantitative terms. Such phenomena cannot be a part of the study of statistics. These include health, riches, intelligence etc. It needs conversion of qualitative data into quantitative data.

What are the three advantages of statistics?

The advantages of statistics are: The bulk data can be presented in a precise and definite form. The comparison and conclusions of data becomes easy. Forecasting the trends becomes easy with statistics.

What are the disadvantages of government statistics?

Disadvantages

• Statistics collected for Government not sociologists so not avalaible for chosen topic.
• Definition used collecting data different.
• Some statistics questiond.
• Definitions change over time making comparisions difficult.
• Incomplete so not accurate.
• Data massaged for Government purposes.
• Reliability questioned.

What are the advantages of statistics in business?

Statistical research in business enables managers to analyze past performance, predict future business practices and lead organizations effectively. Statistics can describe markets, inform advertising, set prices and respond to changes in consumer demand.

What are the advantages of statistics in education?

As a branch of knowledge it refers to collection, presentation analysis and interpretation of data. Statistics is very important in education as it helps in collecting, presenting analysis and interpreting data. It also helps in drawing general conclusion. l Statistics is very useful in doing research work.

How are statistics used in an Organisation explain its advantage?

What Are Business Statistics? Statistical research in business enables managers to analyze past performance, predict future business practices and lead organizations effectively. Statistics can describe markets, inform advertising, set prices and respond to changes in consumer demand.

What are the advantages of statistics in economics?

Statistics for economics concerns itself with the collection, processing, and analysis of specific economic data. It helps us understand and analyze economic theories and denote correlations between variables such as demand, supply, price, output etc. Let us understand this in some detail.

Why are government statistics reliable?

How reliable are Official Statistics? Due to the preparation and care when being undertaken, the reliability of official statistics is fairly high as they can use the same questionnaire, survey or census for a large sample group. Great care is taken when samples and data are collected.

What are the advantages and disadvantages of using statistics?

What Are the Advantages and Disadvantages of Using Statistics? Statistics allow people to analyze surveys, experiments and other data, but they are easy to misrepresent or to use to mislead others. Statistical data is essential to the scientific method. It also helps companies, governments and other entities make decisions.

What are the advantages and disadvantages of comparative methods?

A study concerning integrated theory where data used came from two waves of surveys that contained multiple life domain, offending, and demographic measures, examined if life domains could predict victimization with contemporaneous effects, lagged effects, interactive effects, and a measure of prior victimization (Gubb, 2015).

What are the advantages and disadvantages of quantitative research?

1. The quantitative approach allows you to reach a higher sample size. When you have the ability to study a larger sample size for any hypothesis, then it is easier to reach an accurate generalized conclusion.

Can you use stratified random sampling in every study?

Unfortunately, stratified random sampling cannot be used in every study. The method’s disadvantage is that several conditions must be met for it to be used properly. Researchers must identify every member of a population being studied and classify each of them into one, and only one, subpopulation.