Asked by Nathan Womer on May 08, 2024
Verified
Which of the following statistical methods reduces data by identifying and then classifying similar entities into subgroups?
A) Multiple regression
B) Survey research
C) Simple correlation
D) Cluster analysis
Cluster Analysis
A statistical method used to group objects or cases based on their similarities, often used in data mining and pattern recognition.
Statistical Methods
Techniques and procedures used for collecting, analyzing, interpreting, and presenting numerical data.
- Contrast various statistical methodologies and their objectives in data analytics.
Verified Answer
DS
Daniel SchusterMay 14, 2024
Final Answer :
D
Explanation :
Cluster analysis is a statistical method that groups similar entities together into subgroups based on a set of variables. This method reduces the data by simplifying the analysis and highlighting patterns and relationships within the data. Multiple regression, survey research, and simple correlation do not involve the classification of similar entities into subgroups.
Learning Objectives
- Contrast various statistical methodologies and their objectives in data analytics.
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