Deliverable: 1500-3000 word report
Individually research the library and identify at least one example of how a real company might use each of the following multivariate techniques:
1) Factor Analysis
2) Multi-dimensional Scaling
3) Cluster Analysis.
Examples and case studies can often be found on websites that focus on statistics or market research firms often provide examples.
For the graded portion of this assignment, individually write a 1500-3000 word summary explaining to upper management the chosen multivariate technique and how at least one other real-life company has used this technique to address a business problem.