This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Among the most common uses of cluster analysis in marketing are segmenting customers and products. ... (Read 81 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567
on: Jun 29, 2018
Among the most common uses of cluster analysis in marketing are segmenting customers and products.
 
 Indicate whether the statement is true or false

Question 2

A(n) _____ is a test for hypotheses stating that the mean scores from some interval- or ratio-scaled variable group based on some less-than interval classificatory variable are not the same.
 a. regression
  b. cluster analysis
  c. 2 test
  d. independent samples t-test


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

potomatos

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 29, 2018
Answer to Question 1

T
Cluster analysis is excellent for segmentation projects, because the program is able to locate clusters within a data set.

Answer to Question 2

D


Ebrown

  • Member
  • Posts: 567
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

ABG Analysis ABG Analysis
Early in the twentieth century, when malnutrition was common, companies such as this one advertised Early in the twentieth century, when malnutrition was common, companies such as this one advertised
Experimental Analysis of Metabolism Experimental Analysis of Metabolism
Table - Analysis Table - Analysis
Gene products that are essential to mitochondrial function Gene products that are essential to mitochondrial function
GENETIC ANALYSIS GENETIC ANALYSIS
Video: Monohybrid crosses

For a complete list of videos, visit our video library