You will also gain a perspective on which units can beat other units ( all other things being equal ). Of course you can also factor in those other factors if you so choose, so that you know how much better a unit needs to be in Valour, Armour or Weapons before it can compete with a better basic unit.
Battle tactics usually count for more of course, but you also need to know how to not mismatch your units when engaging the enemy...
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