Statistics for Management : Write a report to your manager highlighting the importance of market research and the importance of multivariate statistics

Question one

Write a report to your manager highlighting the importance of market research and the importance of multivariate statistics. Furthermore, discuss a number of different multivariate techniques (3 techniques only), highlighting how these techniques can influence the overall operations for the company; provide examples from different industries to support your argument.

 

Order Now - AllAssignmentHelp

Order Now – AllAssignmentHelp

 

Question two

Fully discuss the different stages of the Factor Analysis technique, provide examples to support your answer. Furthermore, discuss the main differences between principal components analysis and common factor analysis.

 

Question three

Describe and illustrate, with examples, the differences between nominal, ordinal, interval and ratio scales. What are the advantages of a ratio scale over an interval? Are these advantages significant?

Free Live Chat

Free Live Chat

Question four

Discuss the potential underlying causes of outliers, indicating attribution to both the respondent and the researcher. Examine why outliers might be classified as beneficial and as problematic for researchers. Provide examples on each case. 

AllAssignmentHelp provides similar kind of Assignment Help in  -

Market Anlysis Assignment Help | Marketing Assignment Help | Market Research Assignment Help

Statistics for Management : Write a report to your manager highlighting the importance of market research and the importance of multivariate statistics