What Are the Advantages and Disadvantages of Custom Software and of Canned

question 23

Essay

What are the advantages and disadvantages of custom software and of canned software for meeting application software needs?

---

Definitions:

SSR

Sum of Squares due to Regression, a measure in statistics used to quantify the variance explained by a regression model.

Least Squares

A mathematical method used to find the best-fitting line through a set of points by minimizing the sum of the squares of the distances from the points to the line.

Regression Line

A straight line that best fits the data points on a scatter plot, showing the relationship between two variables.