Multiple Choice
In which of the following situations could a research analyst use discriminant analysis?
A) A real estate development company wants to estimate the probable sales of construction services on the basis of marriage rates, population movement in the region, and interest rates on construction loans
B) A psychologist wants to understand the underlying personality factors associated with materialism in consumers
C) An airline wants to classify its customers into groups based on their relative profitability
D) The brand manager for Tide laundry detergent wants to understand how consumers perceive Tide relative to other laundry detergents
E) A retail store wants to determine if there are differences in shopping frequency associated with gender
Correct Answer:

Verified
Correct Answer:
Verified
Q1: How does a research analyst determine on
Q3: Which statistical technique uses analysis of covariance
Q4: Explain when and how a researcher would
Q5: For which of the following reasons can
Q6: Which of the following statistical techniques uses
Q7: At what level does the variable inflation
Q8: The mean scores in a MANOVA are
Q9: What type of data is used with
Q10: An examination of differences across groups lies
Q11: Which approach to cluster analysis involves evaluating