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: 83% (6 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...
-
Use any method to find the z-score with an area of 0.09 to its right.
-
Are there any cases you can find where a supplemental pleading was allowed because new facts have been alleged? What were the new facts?
-
Amy Gargulo and Paula Frisken operated as a partnership Kiddies Korner, an infants' and children's clothing store. They operated the business very successfully for three years, with both Paula and...
-
Give a summary of the article 1. https://www.cnbc.com/2023/09/01/heres-where-the-jobs-are-for-august-2023-in-one-chart.html 2. ...
-
The secondary voltage of an ignition transformer in a furnace is 10.0 kV. When the primary operates at an rms voltage of 120 V, the primary impedance is 24.0 and the transformer is 90.0% efficient....
-
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...
-
Explain why the reaction shown in eq. 7.19 occurs much more easily than the reaction (That is, why is it necessary to protonate the alcohol before ionization can occur?) (CH) C-OH(CHCHO
-
You have estimated rates as follows: r1 = 5.00%, r2 = 5.40%, r3 = 5.70%, r4 = 5.90%, r5 = 6.00%. where ri is the discount rate for year i. a. What are the discount factors for each date (that is, the...
-
If you invested $12,000 in an account, which earns 2.25% compounded quarterly, how much is in your account after five (5) years?
-
Evaluate algebraically not using L'hospitals rule. Evaluate the limit tan x lim x->0 3x
-
An electrical circuit is built with a variable resistor installed. For each of the following resistance values (measured in kiloohms, k), the power corresponding to the load (measured in milliwatts,...
-
3 . a . List and describe three types of deferred credits? b . Do they meet the definition of a liability? Of short or long term? c . Why do some accountants not consider them to be a liability? d ....
-
If f (x) = x 46 + x 45 + 2/1 + x, calculate f (46) (3). Express your answer using factorial notation: n! 1 2 3 (n - 1) n.
-
Linda Lopez opened a beauty studio, Lindas Salon, on January 2, 2011. The salon also sells beauty supplies. In January 2012, Lopez realized she had never filed any tax reports for her business and...
-
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?
-
Talladega Tire and Rubber Company has capacity to produce 500,000 tires. Talladega presently produces and sells 400,000 tires for the North American market at a price of $200 per tire. Talladega is...
-
Could you elaborate on the factors contributing to interest rate differentials across international bond markets, and how do these disparities influence capital flows and foreign exchange rates?
-
The entries in a purchases journal are posted to the what is journal entry
Study smarter with the SolutionInn App