Exam 14: More Powerful Statistical Methods

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Which of the following multivariate procedures does not include a dependent variable in its analysis?

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A perfect correlation indicates that two variables are causally related.

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Suppose an analyst wanted to determine whether or not dollars spent on advertising, number of sales people, number of new products introduced, and dollars spent on research and development were contributing to the growth in company market share. Which of the following procedures would be most appropriate?

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____________ is the mathematical technique for fitting a line that best describes the relationship between two variables.

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If the goal is to classify business travelers into distinct groups based on their responses to 20 questions on preferences to mode of transportation, hotel accommodation, and ethnic food, which of the following techniques would be most appropriate?

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