Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

The objectives of scientific investigations to which multivariate methods most naturally lend themselves include the following: 1. Data reduction or structural simplification. The phenomenon being

image text in transcribed
image text in transcribed
The objectives of scientific investigations to which multivariate methods most naturally lend themselves include the following: 1. Data reduction or structural simplification. The phenomenon being studied is represented as simply as possible without sacrificing valuable information. It is hoped that this will make interpretation easier. 2. Sorting and grouping. Groups of "similar" objects or variables are created, based upon measured characteristics. Alternatively, rules for classifying objects into well-defined groups may be required. 3. Investigation of the dependence among variables. The nature of the relation- ships among variables is of interest. Are all the variables mutually independent or are one or more variables dependent on the others? If so, how? 4. Prediction. Relationships between variables must be determined for the pur- pose of predicting the values of one or more variables on the basis of observa- tions on the other variables. 5. Hypothesis construction and testing. Specific statistical hypotheses, formulated in terms of the parameters of multivariate populations, are tested. This may be done to validate assumptions or to reinforce prior convictions. 3. Identify what multivariate techniques are used for the above objectives

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

9781285586618

Students also viewed these Mathematics questions