menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Marketing Research
  4. Exam
    Exam 20: Discriminant, Factor and Cluster Analysis
  5. Question
    If the Primary Purpose Is Data Reduction One Would Use
Solved

If the Primary Purpose Is Data Reduction One Would Use

Question 3

Question 3

Short Answer

If the primary purpose is data reduction one would use
a) cluster analysis
b) factor analysis
c) discriminant analysis
d) conjoint analysis

Correct Answer:

verifed

Verified

Related Questions

Q1: In both principal components analysis and varimax

Q2: One rule of thumb in deciding on

Q4: Communality is the percent of a variable's

Q5: Factor loadings and correlations are identical if

Q6: The percent of variance explained is a

Q7: While analyzing and interpreting consumer perception data

Q8: Regression and Discriminant analyses are computationally similar

Q9: In the hierarchical approach, the commonly used

Q10: Rotation of factors changes the interpretation of

Q11: The analysis technique used to identify variables

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines