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Chapter 3 Approaches to Model Building
TABLE 3.2
Strengths/Weaknesses of Nonparametric Statistics
Strengths
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Advanced and proven mathematical methods
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Techniques for finding parameters that describe an unknown population
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Useful in discovering the actual distribution in preparation for a more
detailed analysis by ordinary, parametric statistics
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Ideal for looking at anomalies and differences in central measures of the
population that have some underlying order or ranking
Weaknesses
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Limited range of analytical tools.
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Not often included in statistical software products.
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Technique primarily familiar to advanced statistical users. This means
that skilled ...