menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    The Essentials of Marketing Research
  4. Exam
    Exam 12: Advanced Data Analysis
  5. Question
    Cluster Analysis Allows for the Classification or Segmentation of a Larger
Solved

Cluster Analysis Allows for the Classification or Segmentation of a Larger

Question 19

Question 19

True/False

Cluster analysis allows for the classification or segmentation of a larger group of variables into homogeneous subgroups, based on similarities on a profile of information.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q14: For variables that are ordinal, association is

Q15: Perceptual maps are the result of<br>A) Multidimensional

Q16: _ is a method for determining the

Q17: Factor analysis is one of the most

Q18: The greater the costs associated with Type

Q20: If the p-value of a statistical test

Q21: In using the Pearson product moment correlation,

Q22: If costs associated with a Type 1

Q23: _, also known as trade-off analysis, is

Q24: Hypothesis testing involves all of the following

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