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What is multivariate analysis?

a. a procedure for managing large database systems.
b. synonymous with decision support analysis.
c. a group of statistical procedures used to analyze simultaneously multiple
measurements of the individual or object being measured.
d. the measurement procedure for monitoring how several marketing variables function in multiple market situations

User Jackbijou
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Final answer:

option c.Multivariate analysis is a group of statistical procedures used to analyze simultaneously multiple measurements of the individual or object being measured.

Step-by-step explanation:

Multivariate analysis is a group of statistical procedures used to analyze simultaneously multiple measurements of the individual or object being measured. It is a technique used to understand the relationships and patterns that exist between multiple variables. These procedures include methods such as principal components analysis (PCA), correspondence analysis (CA), and multidimensional scaling (MDS) among others.

For example, if you have data on the heights, weights, and ages of a group of individuals, you can use multivariate analysis to determine if there are any relationships between these variables. You could analyze the data using PCA and identify if there is a principal component that is related to both height and weight, indicating a relationship between the two variables.

Multivariate analysis is widely used in various fields, including biology, ecology, marketing, and social sciences, to gain insights and make conclusions based on multiple measurements and variables.

User Wasmachien
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