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    Multivariate Analysis

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    kamalsyal
    Multivariate analysis comprises techniques for analyzing data sets with more than one variable. It can be used in business research where more than two variables need to be studied. There are dependency techniques that analyze relationships between dependent and independent variables, and interdependency techniques that analyze relationships among variables without distinguishing dependent and independent variables.

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    Multivariate Analysis

    Uploaded by

    kamalsyal
    137 views14 pages
    Multivariate analysis comprises techniques for analyzing data sets with more than one variable. It can be used in business research where more than two variables need to be studied. There are dependency techniques that analyze relationships between dependent and independent variables, and interdependency techniques that analyze relationships among variables without distinguishing dependent and independent variables.

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    Multivariate analysis comprises techniques for analyzing data sets with more than one variable. It can be used in business research where more than two variables need to be studied. There are dependency techniques that analyze relationships between dependent and independent variables, and interdependency techniques that analyze relationships among variables without distinguishing dependent and independent variables.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    137 views14 pages

    Multivariate Analysis

    Uploaded by

    kamalsyal
    Multivariate analysis comprises techniques for analyzing data sets with more than one variable. It can be used in business research where more than two variables need to be studied. There are dependency techniques that analyze relationships between dependent and independent variables, and interdependency techniques that analyze relationships among variables without distinguishing dependent and independent variables.

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    MULTIVARIATE ANALYSIS

    What is multivariate analysis?


    Comprises a set of techniques dedicated to the analysis

    of data sets with more than one variable

    Usefulness of multivariate analysis


    Business research usually involve situations that require

    the study of more than two variables. Thus study of univariate or bivariate statistical analysis is not enough. What is required to handle such real life complex situation is mutivariate techniques. this leads us to the discussion of Multivariate analysis

    Types of multivariate techniques


    Dependency techniques- techniques that deal with

    problems involving one or more dependent variables while the remaining variables are independent Interdependency techniques- techniques that deal with problems involving more than two variables where the variables are not segregated as dependent variables & independent variables. These aim at analyzing interrelationships among variables

    Dependency Techniques
    Explains or predicts one or more dependent variables

    based on two or more independent variables Defines relationship between one dependent variable and many independent variables Example: to what extent is the demand for a particular product explained by factors like, price of the product, income of the prospective consumer, advertisement of the product etc.

    Multivariate techniques
    Multivariate techniques
    Are some variables dependent on others

    Yes Dependency Methods How many dependent vars one Is data metric? Is data metric? Factor analysis Cluster analysis

    No Interdependency Methods Is data metric?

    many

    Yes

    No Non Metric Multi dimensional scaling

    Yes Multiple Regression

    No

    Yes

    No MANOVA

    Metric Multidimensional scaling

    Discriminant Analysis

    Canonical Correlation Analysis

    Different Dependency Techniques


    Multiple Regression

    Discriminant analysis
    MANOVA Cannonical Correlation Analysis

    Criteria for selecting a techniques


    Number of dependent variables

    Measurement scale used

    Criteria for selecting a techniquecontd..


    Multiple Regression- if one dependent variable &

    measurement scale used is interval or ratio scale Discriminant analysis - if one dependent variable & measurement scale used is non-metric i.e. ordinal or nominal MANOVA if more than one and scale is metric Cannonical Correlation Analysis- if more than one and scale is non-metric

    10

    Interdependency techniques
    Applied in situations where no distinction is made

    between independent & dependent variables Interdependent relationships between variables are examined

    11

    Different Interdependency techniques


    Factor analysis

    Cluster analysis
    Metric multidimensional analysis Non Metric multidimensional analysis

    12

    Criteria for selecting a techniques


    Measurement scale used

    13

    Criteria for selecting a techniquescontd..


    Factor analysis if measurement scale used is metric

    Cluster analysis - if measurement scale used is metric


    Metric multidimensional analysis- if measurement scale

    used is metric Non Metric multidimensional analysis - if measurement scale used is non-metric

    14

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