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Empirical approaches only make gross assumptions and eliminate many of the explanatory variables.
It is shown that the gross assumptions inherent in "two-phase theories" of fluidization are not justified.
By including spatial data sets of carbon stocks and disturbance from remote sensing observations, the methodology avoids making gross assumptions on the regional distribution of carbon stocks and disturbance, thus improving estimates of C loss.
A general disadvantage of the MRIO approach when applied to critical materials is that tracing critical materials through IO tables requires gross assumptions about homogenous product mixes, as the aggregation level of I/O is usually so high that it does not allow to distinguish specific critical metals from the bulk of nonferrous metals.
For this reason we have made a number of gross assumptions in estimating the impact of future levels of capability and dependency.
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Notably, the Adrogue Madias formula relies on the gross assumption that the total body water content is constant and discards ongoing sodium, potassium and water losses as well as spontaneous correction [234].
Notably, the Adrogue Madias formula relies on the gross assumption that the total body water content is constant and discards ongoing sodium, potassium and water losses as well as spontaneous correction [ 234].
Like-for-like sales and gross margin assumptions are increased, partially offset by higher operating costs.
"We are cutting our fiscal 2005 earnings-per-share estimate by 7 cents to $1.50 on [a lower] gross margin assumption," S&P Equity Research said.
Checks were conducted to ensure that there was no gross violation of the assumptions of normality, linearity, homogeneity of variances, or homogeneity of regression slopes.
The challenge in adjusting the theoretical one-period model to a real world scenario is to fit empirical observations into the model's distribution assumption of gross return earned by the modeled company.
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