Which of the Following Is True of Hierarchical Clustering

question 3

Multiple Choice

Which of the following is true of hierarchical clustering?

• A) All clusters must have the same number of data.
• B) No single cluster can have all objects
• C) The data are not partitioned into a particular cluster in a single step.
• D) All clusters must have more than one object in it.

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Definitions:

Call Option

A financial contract that gives the holder the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specified time period.

Callable Bonds

Bonds that give the issuer the right but not the obligation to redeem the bonds before their maturity date, usually at a predefined call price.

Bond Issuer

A bond issuer is an entity, such as a corporation, government, or municipality, that raises funds by issuing bonds to investors, in return for borrowing money over a specified period at an agreed interest rate.

Promissory Notes

Written, legally binding promises to pay a specified sum of money at a defined future date.