In ____________ Cluster Analysis, All of the Objects Start as Separate

question 80

Short Answer

In ____________ cluster analysis, all of the objects start as separate clusters on their own. and then the two clusters that are 'closest', or most similar to one another, are joined together to make a new cluster; then, the next two closest clusters are joined, and then the next two, and so on, until all clusters are joined together.

---

Definitions:

Posting Errors

Mistakes that occur when transferring journal entries to the ledger accounts, which can lead to discrepancies in financial records.

Trial Balance

A financial statement that lists all balances in a firm's general ledger accounts at a specific point in time to verify that debits equal credits.

Account Balance

The amount of money in a financial repository, such as a bank account, at any given moment.

Interest Receivable

An accounting term referring to the interest income that has been earned but not yet received in cash.