1500-3000 words. Must include in-text citations and reference page. Plagiarism free.
write a 1500-3000 word summary explaining to upper management the chosen multivariate technique, how it is different than the other 2 techniques, how at least one other real-life company has used this technique to address a business problem and how that technique might be used at your own organization.
Research the Library and provide at least 1 example of how a real company has used each of the following multivariate techniques: factor analysis, multi-dimensional scaling, and cluster analysis. Companies that provide statistics software websites and market research firm websites usually include case studies and customer testimonials.
However, It can actually be quite difficult to find specific examples of companies that use this technique since companies don’t often write about this or make it public knowledge. You can find articles about multivariate technique topics in the library’s business-related database, Business Source Premier and write about that.