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Multivariate analysis involves a set of techniques to analyse data sets on more than one variable. Many of these techniques are modern and often involve quite sophisticated use of computing tools. such analyses refer to all statistical methods that simultaneously analyse multiple measurements on each individual or object under investigation. Hence, any analysis simultaneously involving analysis of more than or equalto two variables can loosely be considered multivariate analysis.
This unit will provide a list of such analyses ill order to help decide when to use a given statistical technique for a given type of data or statistical question. It also gives a brief description of each technique. It is organized according to the number of data sets to analyze: one or two (or more). With two data sets we consider two cases: in the first case, one set of data plays the role of predictors or independent.variablesand the second set of data corresponds to measurements or dependent variables; in the second case. the different sets of data correspond to different sets of dependent variables.
A medical researcher has 100 bone cancer patients in a study. Every patient's condition is one of six types, type \A" to type \F". The 100 patients split as follows: x There
Main stages of Statistical Inquiry The following are the various stages of a statistical inquiry (1) Planning the Inquiry: First of all we have to assess the problem und
MARKS IN LAW :10 11 10 11 11 14 12 12 13 10 MARKS IN STATISTICS :20 21 22 21 23 23 22 21 24 23 MARKS IN LAW:13 12 11 12 10 14 14 12 13 10 MARKS IN STATISTICS:24 23 22 23 22 22 24 2
Frequency distribution A frequency distribution is a series where a number of items with similar values are put in separate groups or bunches. In other words a frequency distri
The Tastee Bakery Company supplies a bakery product to many supermarkets in a metropolitan area. The company wishes to study the effect of shelf display height employed by the supe
Type of Variable in Regression Analysis There are two types of variable in regression analysis. These are: a. Dependent variable b. Independent variable
Types of business forecasting are generally as follows: 1. Sales and Demand forecasts 2. Porduction forecasts. 3. Cost Forecasts 4. Financi
The incidence of occupational disease in an industry is such that the workers have a 20% chance of suffering from it. What is the probability that out of six workers 4 or more will
The Truly Canadian Restaurant stocks a private red table wine that it purchases from a local winery in the Niagara Falls region. The daily demand for the wine at the restaurant is
A. Compute descriptive statistics for each stock and the S&P 500. Comment on your results. Which stocks are most volatile?
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