When Cluster Analysis Is Also Used for Clustering Variables to Identify

question 38

True/False

When cluster analysis is also used for clustering variables to identify homogeneous groups,the units used for analysis are the variables and the distance measures are computed for all pairs of variables.

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Definitions:

Net Income

The total profit (or loss) of a company after all expenses and taxes have been subtracted from total revenues.

Net Sales

The total revenue generated from sales of goods or services, minus returns, allowances, and discounts.

Price-Earnings Ratio

A measure used to value a company that shows how much investors are willing to pay per dollar of earnings.

Earnings Per Share

A company's profit divided by the outstanding shares of its common stock, indicating profitability.