Reference no: EM131158605
A high-end market research firm has contacted your boss and is trying to sell some business to your organization. Upper management does not want to appear incompetent, so they have asked you to research and explain three major ways multivariate statistics are used in a business.
Small Group Discussion
Research the library, and provide at least 1 example of how a real company has used each of the following multivariate techniques: factor analysis, multidimensional scaling, and cluster analysis. Companies that provide statistics software Web sites and market research firm Web sites usually include case studies and customer testimonials.
Read the postings of all group members, and decide as a group which technique is preferred by the group and which example best illustrates the use of this technique.
Use the Small-Group Discussion Board for your comments.
Individual Portion
For the individual portion of this project, on your own, write a summary of 1,500-3,000 words explaining to upper management the chosen multivariate technique, how it is different from the other 2 techniques, how at least 1 other real-life company has used this technique to address a business problem, and how that technique might be used at your own organization.
Potential return on any investment
: Explain the following statement: The potential return on any investment should be directly related to the risk the investor assumes.
|
Summarize which type of health care organization
: Write a paper that identifies a specific for-profit unionized and nonprofit non-unionized health care organization and briefly describe each. Then compare and contrast the similarities/differences in human resource (HR) management for organization..
|
Summary of everything
: This final section is a summary of everything you have learned about your company. Briefly recap what you have learned, and state your opinion on whether or not the stock in the company would be a good investment and why or why not based on:
|
Discuss the use of social media in such a fashion
: You wish to grow your business and feel that this is one area that might assist with your expansion ideas. Based on this information, discuss the use of social media in such a fashion
|
Explain three major ways multivariate statistics are used
: A high-end market research firm has contacted your boss and is trying to sell some business to your organization. Upper management does not want to appear incompetent, so they have asked you to research and explain three major ways multivariate st..
|
List three practical functions of the osi model
: List three practical functions of the OSI model. List the seven layers of the OSI model, including both layer number and name for each. Describe the three modes of communication available on a network.
|
Will the buyer succeed in recovering the excess
: Will the buyer succeed in recovering the excess? Maintain the quality to high standards - The market value for this type of vehicle in good condition is around $25 000. Jack accepts.
|
Discuss the facts and opinions on key airport facilities
: Discuss the facts and opinions on key airport facilities required for enplanements and deplanements of passengers and bags, key modes of transportation that comprise an airports ground access system, and many of the designs of today's airport ter..
|
Which leadership style do you consider the best
: What would be the most effective leadership style in the above case scenario using Fiedler's Contingency Theory? Why? Assess your own leadership qualities using what you've learned. What is your natural leadership style? Are you task-oriented or re..
|