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In this article, the writer discusses the use of multivariate analysis (i.e., cluster analysis) to assist in the merger of two companies.
From the Paper:"Any number of multivariate statistical analysis strategies can be used to facilitate market research at WidgeCorp. Multi-dimensional analysis is a technique which allows multiple perspectives on data that is two dimensional including higher level perspectives representing core components of a business plan as well as individual components known as members that reflect time. Factor analysis includes both component and common factor analysis providing a correlation between specific variables that allow an understanding of causal relationships between these variables or factors."
Cite this Analytical Essay:
Multivariate Analysis (2008, December 01) Retrieved December 01, 2022, from https://www.academon.com/analytical-essay/multivariate-analysis-126339/
"Multivariate Analysis" 01 December 2008. Web. 01 December. 2022. <https://www.academon.com/analytical-essay/multivariate-analysis-126339/>