Which Statement Is Not True About Cluster Analysis

question 49

Multiple Choice

Which statement is not true about cluster analysis?

• A)Cluster analysis is a technique for analyzing data when the criterion or dependent variable is categorical and the independent variables are interval in nature.
• B)Cluster analysis is also called classification analysis or numerical taxonomy.
• C)Groups or clusters are suggested by the data,not defined a priori.
• D)Objects in each cluster tend to be similar to each other and dissimilar to objects in the other clusters.

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Definitions:

Economic Growth

Economic growth refers to an increase in a country's production of goods and services, typically measured by the growth in real gross domestic product (GDP) over time.

Production Of Forks

The process of manufacturing forks, involving various techniques depending on the material used, such as metal forging or plastic molding.

Production Possibilities Frontier

A curve that illustrates the maximum viable combination of two products that can be produced with fixed resources and technology.

Efficient

An economic condition where resources are allocated in the most optimal way, maximizing the production of goods and services without wasting any resources.