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

question 61

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 e-commerce sales last year.
-Referring to Scenario 17-7, North America and Western Europe are the second group of countries that cluster together.

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Definitions:

Recency-Frequency-Monetary Analysis

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