SCENARIO 17-7 the Output Below Shows the Results of Cluster Analysis on Analysis

question 28

True/False

SCENARIO 17-7
The output below shows the results of cluster analysis on the different regions of the world (North
America, Asia Pacific, Western Europe, Central & Eastern Europe, Latin America, and Middle East
& Africa)based on the amounts (in billions of US dollars)and the percentage changes from prior
year of business-to-consumer ecommerce sales last year.
17-24 Business Analytics
-True or False: Referring to Scenario 17-7, the "complete" method is used to measure the
distance between objects within a cluster.

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Definitions:

Fiscal Period

A specific duration of time used for accounting purposes, such as a month, quarter, or year, over which financial records are kept.

Accounts Payable

Liabilities owed by a business to its suppliers or vendors for goods and services purchased on credit.

Dividends

Portions of a company's earnings paid out to shareholders as a reward for their investment.

FOB Destination

A shipping term indicating that the seller is responsible for goods and shipping costs until the goods reach the buyer's specified location.