Why is multivariate data analysis particularly useful in big data analysis?
Question:
Why is multivariate data analysis particularly useful in big data analysis?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
Real world business problems are often ill defined particularly in big data ...View the full answer
Answered By
Durgesh Kumar Yadav
I am an Freelancer Tutor, Travel Enthusiast and Digital Nomad. I have completed my Bachelor's in Engineering and Technology in June, 2018. I am currently working with Chegg.com as Q&A Expert. I am good in Maths, Algebra, Geometry, Statistics, Probability, Trigonometry, Numerical Analysis and Physics. I am helpful and very cheerful guy who love to live life on own terms and conditions.
0.00
0 Reviews
10+ Question Solved
Related Book For
Exploring Marketing Research
ISBN: 978-1305263529
11th Edition
Authors: Barry J. Babin, William G. Zikmund
Question Posted:
Students also viewed these Business questions
-
"Why waste time doing basic data analysis? Why not just conduct sophisticated multivariate data analysis?" Discuss.
-
What is the key characteristic identifying multivariate data analysis?
-
Explain the concept of a variate in multivariate data analysis.
-
On July 1,the first day of their fiscal year, the City of Denver sold bonds with a face value of $10,000,000 at 102 percent par. The bonds bear annual interest at 6 percent; interest is payable...
-
Upstate University charges $16,000 a year in graduate tuition. Tuition rates are growing at 4.5% each year. You plan on enrolling in graduate school in five years. What is your expected graduate...
-
Lifang Wu owns an automated machine shop that makes precision auto parts. He has just compiled an inputoutput report for the grinding work center. Complete this report and analyze the results....
-
What is international human resource management (IHRM)? Why is it important to internationalize firms? What is the role of IHRM in company strategy? LO.1
-
On August 1, 2010, Pereira Corporation has ready for sale 2,000 Wiglow instruments. During the next 5 months, 1,600 Wiglows are sold at $460 each with a one-year warranty. Pereira estimates that the...
-
Somerset Corporation is composed of five divisions, and each division is allocated a share of Somerset overhead to make divisional managers aware of the cost of running the corporate headquarters....
-
Le Monde Company is a manufacturer of chemicals for various purposes. One of the processes used by Le Monde produces HTP3, a chemical used in hot tubs and swimming pools; PST4, a chemical used in...
-
Use the GoodBuy data set in this analysis. Compute a summated scale for Loyalty by summing LOY1, LOY2, LOY3, and LOY4. Then, conduct a MANCOVA analysis using the summed variable and WTP as dependent...
-
Using the Oldskool data set introduced in Chapter 15, perform a discriminant analysis that examines the following research question: a. Do the variables howplay, loser, money, and winning predict...
-
State whether the following combinations of solute and solvent are generally soluble or insoluble. (a) Polar solute + polar solvent (b) Nonpolar solute + polar solvent (c) Ionic solute + polar...
-
GATE 2024-EE Question
-
GATE 2024-EE Question
-
GATE 2024-EE Question
-
What is Netduino?
-
What is Appolonius theorem?
-
The inlet of the jet engine of a supersonic aircraft is a carefully shaped flow passage that takes in flow at very high speed 1 (relative to the engine) (section 1) and discharges the air at much...
-
Akramin just graduated with a Master of Engineering in Manufacturing Engineering and landed a new job in Melaka with a starting salary of RM 4,000 per month. There are a number of things that he...
-
A researcher tells a manager of a wine company that he has some cool ethnography results from Face book postings suggesting that young consumers like the idea of plastic individual serving size...
-
Describe the term interpretive research.
-
What types of situations call for qualitative research?
-
If you purchase a $1000 par value bond for $1065 that has a 6 3/8% coupon rate and 15 years until maturity, what will be your annual return? 5.5% 5.9% 5.7% 6.1%
-
Famas Llamas has a weighted average cost of capital of 8.8 percent. The companys cost of equity is 12 percent, and its pretax cost of debt is 6.8 percent. The tax rate is 22 percent. What is the...
-
The common stock of a company paid 1.32 in dividens last year. Dividens are expected to gros at an 8 percent annual rate for an indefinite number of years. A) If the company's current market price is...
Study smarter with the SolutionInn App