A high-end market research firm has contacted your boss and is trying to sell some business to your organization.
A high-end market research firm has contacted your boss and is trying to sell some business to your organization. Upper management does not want to appear incompetent, so they have asked you to research and explain three major ways multivariate statistics are used in a business.
Research the Cybrary and provide at least 1 example of how a real company has used each of the following multivariate techniques: factor analysis, multi-dimensional scaling, and cluster analysis. Companies that provide statistics software websites and market research firm websites usually include case studies and customer testimonials.
TWO PAGES FOCUS HERE IS EXPLAINING AND GIVE EXAMPLES OF THE FOLLOWING FOUR MULTIVARIANT TECHNIQUES (A) FACTOR ANALYSIS, (B) MULTI-DIMENTIONAL SCALING(C) CLUSTER ANALYSIS IN A REAL COMPANY.
Deliverable: Word Document
