Business Forecasts
Understanding Business Drivers and Improving Business Forecasts
I need a paper on the following:
The company is Gallup and I need to provide at least 1 example of how a they use each of the following multivariate techniques: factor analysis, multidimensional scaling, and cluster analysis. The paper has to describe each of the techniques that they use and how they use it. Approximately 400 – 500 words. Companies that provide statistics software Web sites and market research firm Web sites usually include case studies and customer testimonials.
……………………….Answer preview…………………………..
The use of multivariate is very helpful in the analysis of data that comprise more than one variable at any given time. Multivariate techniques hence refer to those statistical techniques that are used to analyze data arising from several variables (Grimm & Yarnold, 1995). Some of these techniques include factor analysis, cluster analysis and multidimensional scaling. This paper will explore the application of these techniques at Gallup, Inc.
Factor analysis…………………….
APA
466 words
