SSC CGL Exam > SSC CGL Videos > SSC CGL Tier 2 - Study Material, Online Tests, Previous Year > Additive and Multiplicative Models, Business Mathematics and Statistics
Additive and Multiplicative Models, Business Mathematics and Statistics Video Lecture | SSC CGL Tier 2 - Study Material, Online Tests, Previous Year
FAQs on Additive and Multiplicative Models, Business Mathematics and Statistics Video Lecture - SSC CGL Tier 2 - Study Material, Online Tests, Previous Year
| 1. What is the difference between additive and multiplicative models in business mathematics and statistics? |  |
Ans. Additive models are used when the relationship between variables is linear, meaning that the effect of one variable is simply added to the effect of another. On the other hand, multiplicative models are used when the relationship between variables is non-linear, meaning that the effect of one variable is multiplied by the effect of another.
| 2. How are additive models applied in business mathematics and statistics? | |
Ans. Additive models are commonly used in forecasting and time series analysis. They assume that the observed data can be decomposed into a systematic component and a residual component, where the systematic component represents the underlying trend and seasonality, and the residual component represents the random fluctuations.
| 3. When are multiplicative models more appropriate in business mathematics and statistics? | |
Ans. Multiplicative models are more appropriate when the relationship between variables is not strictly linear and cannot be adequately captured using additive models. For example, when the effect of one variable on another is proportional rather than additive, a multiplicative model may be more suitable.
| 4. What are the advantages and disadvantages of additive models? | |
Ans. The advantages of additive models include their simplicity and interpretability, as well as their ability to handle time series data with a constant variance. However, additive models may not capture non-linear relationships accurately and may not be appropriate for data with changing variance.
| 5. Can additive and multiplicative models be combined in business mathematics and statistics? | |
Ans. Yes, additive and multiplicative models can be combined to create hybrid models that capture both linear and non-linear relationships. These hybrid models, such as the additive-multiplicative seasonal decomposition of time series (AMSD), can provide a more accurate representation of the underlying data and improve forecasting accuracy.
About this Video
4.90/5
Rating
Sep 28, 2025
Last updated
Video Description: Additive and Multiplicative Models, Business Mathematics and Statistics for SSC CGL 2025 is part of SSC CGL Tier 2 - Study Material, Online Tests, Previous Year preparation.
The notes and questions for Additive and Multiplicative Models, Business Mathematics and Statistics have been prepared according to the SSC CGL exam syllabus.
Information about Additive and Multiplicative Models, Business Mathematics and Statistics covers all important topics for SSC CGL 2025 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Additive and Multiplicative Models, Business Mathematics and Statistics.
Introduction of Additive and Multiplicative Models, Business Mathematics and Statistics in English is available as part of our SSC CGL Tier 2 - Study Material, Online Tests, Previous Year for SSC CGL & Additive and Multiplicative Models, Business Mathematics and Statistics in
Hindi for SSC CGL Tier 2 - Study Material, Online Tests, Previous Year course. Download more important topics related with notes, lectures and mock test series for
SSC CGL Exam by signing up for free.
Description
Video Lecture & Questions for Additive and Multiplicative Models, Business Mathematics and Statistics Video Lecture | SSC CGL Tier 2 - Study Material, Online Tests, Previous Year - SSC CGL full syllabus preparation | Free video for SSC CGL exam to prepare for SSC CGL Tier 2 - Study Material, Online Tests, Previous Year.
Information about Additive and Multiplicative Models, Business Mathematics and Statistics
Here you can find the meaning of Additive and Multiplicative Models, Business Mathematics and Statistics defined & explained in the simplest way possible.
Besides explaining types of Additive and Multiplicative Models, Business Mathematics and Statistics theory, EduRev gives you an ample number of questions to practice Additive and Multiplicative Models, Business Mathematics and Statistics tests,
examples and also practice SSC CGL tests.
Related Searches
MCQs
,Previous Year
,mock tests for examination
,video lectures
,shortcuts and tricks
,past year papers
,Business Mathematics and Statistics Video Lecture | SSC CGL Tier 2 - Study Material
,Previous Year Questions with Solutions
,Objective type Questions
,Additive and Multiplicative Models
,Previous Year
,Online Tests
,Viva Questions
,Extra Questions
,Business Mathematics and Statistics Video Lecture | SSC CGL Tier 2 - Study Material
,Business Mathematics and Statistics Video Lecture | SSC CGL Tier 2 - Study Material
,Online Tests
,Previous Year
,Free
,Important questions
,Additive and Multiplicative Models
,Semester Notes
,ppt
,Summary
,Additive and Multiplicative Models
,Exam
,Sample Paper
,study material
,Online Tests
,practice quizzes
;
Study Additive and Multiplicative Models, Business Mathematics and Statistics on the App
Students of SSC CGL can study Additive and Multiplicative Models, Business Mathematics and Statistics alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Additive and Multiplicative Models, Business Mathematics and Statistics,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Additive and Multiplicative Models, Business Mathematics and Statistics is prepared as per the latest SSC CGL syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up
within 7 days!
within 7 days!
Takes less than 10 seconds to signup