Which of the Following Is True of Cluster Analysis

question 43

Multiple Choice

Which of the following is true of cluster analysis?

• A) It is a cause-and-modeling type of analytic model.
• B) It does not provide a definitive answer from analyzing the data.
• C) It is primarily a prescriptive analytical method.
• D) It uses clustered data that are not affected by the specific method used.

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Definitions:

Annual Rent

The total amount paid or to be paid for the use of a property or space for one year.

Property Tax

A levy imposed by a government on a property owner, based on the value of the property.

Accrue

The process of accumulating or recognizing expenses or income over time, even before cash transactions occur.

Payable

A liability to a creditor, often of a business, that represents an obligation to pay for goods or services received.