SSC CGL Exam > SSC CGL Videos > SSC CGL Tier 2 - Study Material, Online Tests, Previous Year > Link Relatives Method, Business Mathematics and Statistics
Link Relatives Method, Business Mathematics and Statistics Video Lecture | SSC CGL Tier 2 - Study Material, Online Tests, Previous Year
FAQs on Link Relatives Method, Business Mathematics and Statistics Video Lecture - SSC CGL Tier 2 - Study Material, Online Tests, Previous Year
| 1. What is the Link Relatives Method in business mathematics and statistics? |  |
Ans. The Link Relatives Method is a mathematical technique used in business mathematics and statistics to analyze the relationship between two variables. It involves calculating the relative change or percentage change between two data points and comparing them to determine the strength and direction of the relationship.
| 2. How is the Link Relatives Method useful in business decision-making? | |
Ans. The Link Relatives Method is useful in business decision-making as it helps in understanding the impact of changes in one variable on another. By calculating the percentage change, it provides insights into the proportionate increase or decrease in one variable with respect to the other, enabling businesses to make informed decisions based on these relationships.
| 3. Can the Link Relatives Method be applied to any type of data? | |
Ans. Yes, the Link Relatives Method can be applied to any type of data, including numerical, categorical, or qualitative data. However, it is most commonly used with numerical data to analyze the relationship between variables and determine their relative change.
| 4. How do you calculate the Link Relatives using the Link Relatives Method? | |
Ans. To calculate the Link Relatives using the Link Relatives Method, you need to follow these steps:
1. Choose two data points for which you want to calculate the relative change.
2. Subtract the initial value from the final value.
3. Divide the result by the initial value.
4. Multiply the quotient by 100 to get the percentage change.
The obtained percentage change represents the Link Relatives between the two data points.
| 5. What are some limitations of the Link Relatives Method? | |
Ans. The Link Relatives Method has a few limitations, including:
1. It only measures the relative change between two data points and does not provide information about the absolute values.
2. It assumes a linear relationship between variables, which may not always be accurate.
3. It does not consider the presence of other variables or factors that may influence the relationship.
4. It may not be suitable for analyzing complex relationships involving multiple variables.
Despite these limitations, the Link Relatives Method can still provide valuable insights when used appropriately and in conjunction with other statistical techniques.
About this Video
4.85/5
Rating
Sep 23, 2025
Last updated
Video Description: Link Relatives Method, 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 Link Relatives Method, Business Mathematics and Statistics have been prepared according to the SSC CGL exam syllabus.
Information about Link Relatives Method, 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 Link Relatives Method, Business Mathematics and Statistics.
Introduction of Link Relatives Method, 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 & Link Relatives Method, 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 Link Relatives Method, 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 Link Relatives Method, Business Mathematics and Statistics
Here you can find the meaning of Link Relatives Method, Business Mathematics and Statistics defined & explained in the simplest way possible.
Besides explaining types of Link Relatives Method, Business Mathematics and Statistics theory, EduRev gives you an ample number of questions to practice Link Relatives Method, Business Mathematics and Statistics tests,
examples and also practice SSC CGL tests.
Related Searches
Previous Year
,Previous Year
,Free
,mock tests for examination
,shortcuts and tricks
,Link Relatives Method
,Exam
,Viva Questions
,Extra Questions
,Previous Year
,study material
,MCQs
,video lectures
,Link Relatives Method
,Important questions
,Link Relatives Method
,Business Mathematics and Statistics Video Lecture | SSC CGL Tier 2 - Study Material
,past year papers
,Sample Paper
,Previous Year Questions with Solutions
,Online Tests
,Online Tests
,Summary
,Semester Notes
,practice quizzes
,Objective type Questions
,ppt
,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
;
Study Link Relatives Method, Business Mathematics and Statistics on the App
Students of SSC CGL can study Link Relatives Method, Business Mathematics and Statistics alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Link Relatives Method, 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 Link Relatives Method, Business Mathematics and Statistics is prepared as per the latest SSC CGL syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup on EduRev and stay on top of your study goals
10M+ students crushing their study goals daily