In Cluster Analysis,the Set of Variables Selected Should Describe the Similarity

question 66

True/False

In cluster analysis,the set of variables selected should describe the similarity between objects in terms that are relevant to the marketing research problem.

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Definitions:

Skills

Skills are the abilities and expertise acquired through training or experience that enable an individual to perform tasks effectively.

Managerial Accountability

The responsibility of managers to make decisions, take appropriate action, and report outcomes transparently to stakeholders.

Workforce Diversity

The range of differences among the members of an organization in terms of age, gender, ethnicity, background, and other characteristics.

Employment Opportunities

Available job positions or openings that people can apply to for work.