How is cluster analysis used to group variables?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Cluster analysis is used for grouping variables to identify the homogeneous groups ...View the full answer
Answered By
Muhammad Ahtsham Shabbir
I am a professional freelance writer with more than 7 years’ experience in academic writing. I have a Bachelor`s Degree in Commerce and Master's Degree in Computer Science. I can provide my services in various subjects.
I have professional excellent skills in Microsoft ® Office packages such as Microsoft ® Word, Microsoft ® Excel, and Microsoft ® PowerPoint. Moreover, I have excellent research skills and outstanding analytical and critical thinking skills; a combination that I apply in every paper I handle.
I am conversant with the various citation styles, among them; APA, MLA, Chicago, Havard, and AMA. I also strive to deliver the best to my clients and in a timely manner.My work is always 100% original. I honestly understand the concern of plagiarism and its consequences. As such, I ensure that I check the assignment for any plagiarism before submission.
4.80+
392+ Reviews
587+ Question Solved
Related Book For
Marketing Research An Applied Orientation
ISBN: 978-0136085430
6th edition
Authors: Naresh K Malhotra
Question Posted:
Students also viewed these Marketing questions
-
How is cluster analysis different from factor analysis?
-
Apply cluster analysis to the numerical data in the Excel file Credit Approval Decisions. Analyze the clusters and determine if cluster analysis would be a useful classification method for approving...
-
Apply cluster analysis to the Excel file Sales Data, using the input variables Percent Gross Profit, Industry Code, and Competitive Rating. Create four clusters and draw conclusions about the...
-
How much money would a man have to deposit each year for 6 years starting 4 years from now if he wanted to have $12,000 eighteen years from now? Assume the interest rate is 12% per year?
-
Why might manual control procedures differ from IT control procedures, even if both are directed at the same control objective?
-
Use the Half-angle Formulas to find the exact value of expression. tan 9/8
-
How much will my annual debt service payment be based on the amount of the loan, interest rate, and amortization rate being offered by the bank?
-
Wayward Airfreight, Inc. has asked you to recommend a new automatic parcel sorter. You have obtained the following bids: Using an MARR of 15% and a rate of return analysis, which alternative, if any,...
-
The minimum usage of material X at Modern Company is 2400 Tons, and the maximum usage is 4300 Tons; normal usage is 3500 Tons. The reorder period is 3-5 weeks. Compute minimum level of material X. a....
-
A. Richard McCarthy (born 2/14/64; Social Security number 100-10-9090) and Christine McCarthy (born 6/1/1966; Social security number 101-21-3434) have a 19-year-old son (born 10/2/99 Social Security...
-
Describe some procedures available for assessing the quality of clustering solutions.
-
What are some of the uses of cluster analysis in marketing?
-
What is the decision facing Herr Cutter?
-
Jennifer purchased stock at $50 per share with a 75% initial margin requirement and a maintenance margin of 35%. How much equity per share must Jennifer contribute when the stock falls to $15 per...
-
Thinking about your present job and your "inventory"of leadership traits and characteristics, where are your strengths and weaknesses as a leader?Is being a leader desirable? If yes, what motivates...
-
You are facing a complex decision with several courses of possible action and probabilities associated with them. The current decision tree, based on the best possible estimates of probabilities and...
-
1. In what ways has Marriot proven an industry leader in the context of entrepreneurship in the hospitality industry. 2. What are the author's metrics of measuring entrepreneurial activity, and do...
-
Suppose you want to model the relationship between the interest rate, the economic growth rate and the inflation rate. what would be first model to fit explain.
-
Define binary tree. Explain different types of binary trees.
-
In Exercises 15 through 30, find the derivative dy/dx. In some of these problems, you may need to use implicit differentiation or logarithmic differentiation. y ex + et -2x 1 + e
-
Sales is infl uenced by ____ mix.
-
What is consumerism? What is environmentalism? How do firms respond to these social movements?
-
Explain habitual decision making, limited problem solving, and extended problem solving. What is the role of perceived risk in the decision process?
-
What are the steps in the consumer decision-making process?
-
TB SA Qu. 13-74 (Static) What must Abdu invest today to... What must Abdu invest today to receive an annuity of $9,000 for four years semiannually at an 8% annual rate? All withdrawals will be made...
-
The tolal landed coet with the order gaantly sire of 6,000 unts is 4 (Enter your response roundod to the nearest dolar)
-
Boyne Inc. had beginning inventory of $12,000 at cost and $20,000 at retail. Net purchases were $120,000 at cost and $170,000 at retail. Net markups were $10,000, net markdowns were $7,000, and sales...
Study smarter with the SolutionInn App