Is a Collection of Techniques That Seek to Group or Segment

question 22

Multiple Choice

is a collection of techniques that seek to group or segment a collection of objects or observations into subsets, such that those within each subset are more closely related to one another than objects assigned to different subsets.

• A) Association
• B) Discriminant analysis
• C) Cluster analysis
• D) Logistic regression

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Definitions:

Organization's Value

The core principles, beliefs, and philosophies that guide a company's operations and define its brand identity.

Costs

The amount of money required for the production, acquisition, or completion of goods or services.

Compensation

The total amount of the monetary and non-monetary pay provided to an employee in exchange for work performed.

Reward System

A reward system is a structured plan to provide benefits, both monetary and non-monetary, to employees for their work achievements and performance.