1.2 Analyse the Benetton data (taken from Exercise 4, Chapter 22). Consider only the following variables: awareness,...

Question:

1.2 Analyse the Benetton data (taken from Exercise 4, Chapter 22). Consider only the following variables: awareness, attitude, preference, intention and loyalty towards Benetton.

a Cluster the participants based on the identified variables using hierarchical clustering. Use Ward’s method and squared Euclidean distances. How many clusters do you recommend and why?

b Cluster the participants based on the identified variables using k-means clustering and the number of clusters identified in part

a. Compare the results to those obtained in part a.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Marketing Research: An Applied Approach

ISBN: 187936

5th Edition

Authors: Malhotra, Naresh K;Nunan, Daniel(Contributor);Birks, David F(Contributor)

Question Posted: