Research to find at least 1 example
of how a real company has used each of the following multivariate
techniques: factor analysis, multidimensional scaling, and cluster
Define Multivariate Techniques, clarify how and why it is used
Define factor analysis
Define Multidimensional scaling
Define Cluster Analyis
Identify at least one real company that has used each and explain how
Answer the below
How can each multivariate technique be utilized to support expansion of a product offering? what purpose would each serve?
What technique is your preferred method and how is your chosen multivariate technique different than the other two?
What could a board of directors possibly learn from your preferred technique? how will it contribute to the overall decision-making process?
APA in text Citation
Reference Page at the end
*please use scholarly sources