Exam 24: Introducing Multivariate Statistical Analysis

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Which multivariate analysis statistically identifies a reduced number of factors from a larger number of measured variables?

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MANOVA predicts multiple continuous dependent variables with multiple continuous independent variables.

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The variate is a mathematical way in which a set of variables can be represented with one equation.

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In the formula,n - k - 1 stands for:

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General Mills would like to "see" a picture of how its brands are perceived by consumers compared to competitive brands.Which statistical technique can measure brands in multidimensional space on the basis of respondents' judgements of the similarity of the brands?

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Multivariate dependence techniques are variants of the ____________________.

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Explain why and how a marketing researcher uses factor analysis.

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In multiple regression,the coefficient of multiple determination indicates the percentage of the variation in Y that can be explained by all independent variables.

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In cluster analysis,each cluster should have low internal homogeneity and high external heterogeneity.

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Which of the following is an example of an interdependence analysis method?

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In factor analysis,"communality" is a measure of the percentage of a variable's variation that can be explained by the factors.

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Multidimensional scaling is a type of interdependence method.

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In the following formula,k stands for: In the following formula,k stands for:

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The two types of multivariate techniques are ____________________ methods and ____________________ methods.

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When a multivariate statistical technique is used to predict a dependent variable from several independent variables,the researcher is studying:

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In multiple regression,the dependent variable must be continuous and interval-scaled.

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Multivariate techniques that try to group things together are known as ____________________ methods.

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Mulitvariate dependence techniques are variants of the ____,which is a way of modeling some process based on how different variables cause fluctuations from the average dependent variable.

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Which of the following is computed by most regression programs and provide an indication of how much multicollinearity exists among a set of independent variables?

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If the regression equation is: Y = 98.3 +.35X₁ + 22.3X₂,the predicted value for Y when X₁ = 3 and X₂ = 5 is:

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