In Cluster Analysis, the Objects Within Clusters Should Exhibit a High

question 4

True/False

In cluster analysis, the objects within clusters should exhibit a high amount of dissimilarity.

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Definitions:

Value Proposition

A business or marketing statement that summarizes why a consumer should buy a product or use a service.

Customer Needs

The essential requirements and desires that consumers want to satisfy with a product or service.

Competitors' Benefits

Advantages or valuable aspects that competitors offer, potentially attracting customers away from one's own business.

Student-centered Faculty

An educational approach where teaching strategies are designed to meet the needs, interests, and abilities of students.