menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Marketing Research Study Set 2
  4. Exam
    Exam 18: Multivariate Data Analysis
  5. Question
    If the Goal of an Analysis Is to Group Respondents
Solved

If the Goal of an Analysis Is to Group Respondents

Question 55

Question 55

True/False

If the goal of an analysis is to group respondents into mutually exclusive and collectively exhaustive subgroups,the preferred procedure would be cluster analysis.

Correct Answer:

verifed

Verified

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

Related Questions

Q47: In factor analysis,naming factors is a somewhat

Q48: Cluster analysis is useful for clustering groups

Q49: An insurance company wants to know whether

Q50: Which of the following is not a

Q51: In the multiple regression formula,which of the

Q52: Suppose an analyst wanted to determine whether

Q53: Independent variables are important components in multiple

Q54: In order to make valid comparisons of

Q56: Summarizing a number of survey questions into

Q57: Predictive analytics do not apply to big

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