Question 19 of 41
Q.State the limitations of graphical method to measure trend.
Gujarat GsebGujarat Board (GSEB) HSC Commerce Board 2022Subjective· 2mImportance★★★★★
46% · 19/41 Questions
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Start your 14-day free trial to unlock the full solution →The graphical method is subjective, non-mathematical, imprecise and unreliable for prediction.
Limitations of the graphical (free-hand) method of measuring trend:
- Subjective / arbitrary — the trend line is drawn by eye, so different people obtain different lines from the same data.
- No mathematical basis — it is not derived from any formula (unlike the method of least squares), so it lacks objectivity.
- No exact measurement — it does not give a precise numerical trend value or trend equation. …
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