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These techniques are applied when the rows and the columns of the data table represent the same units and when the measure is a disiance or a similarity. The goal of the analysis is to represent graphically these distances or similarities. Multidimensional Scaling (MDS) is used to represent the units as points on a map such thbt their Euclidean distances on the map approximate the original similarities- (classic MDS, which is equivalent to PCA, is used for distances, nnnmetric MDS for similarities)'. Additive tree analysis and cluster analysis free used to reprcsent the units as "leaves" of a tree with the distance on the tree" approximating the original distance or similarity.
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Collect data about the chosen business problem or opportunity at the company. Explain how you obtained a suitable sample of either qualitative or quantitative data. Review data f
history of north west corner method
This question explores the effect of estimation error on apparent arbitrage opportunities in a controlled simulation setting. We simulate returns for N = 10 assets over T = 30 year
We are interested in assessing the effects of temperature (low, medium, and high) and technical configuration on the amount of waste output for a manufacturing plant. Suppose that
Examples of grouped, simple and frequency distribution data
Statistical Process Control The variability present in manufacturing process can either be eliminated completely or minimized to the extent possible. Eliminating the variabilit
The calculations of arithmetic mean may be simple and foolproof, but the application of the result may not be so foolproof. An arithmetic mean may not merely lack
While there are p original variables the number of principal components is m such that m
Correspondence analysis is an exploratory technique used to analyze simple two-way and multi-way tables containing measures of correspondence between the rows and colulnns of an
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