Which Statement Is Not True Concerning the Clustering Solution If

question 36

Multiple Choice

Which statement is not true concerning the clustering solution if the variables are measured in vastly different units?

• A)The clustering solution will not be influenced by the units of measurement.
• B)Standardization can reduce the differences between groups on variables that may best discriminate groups or clusters.
• C)It is desirable to eliminate outliers.
• D)We must standardize the data by rescaling each variable to have a mean of zero and standard deviation of unity.

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Definitions:

Marketing Strategy

A comprehensive plan formulated by businesses to reach potential consumers and turn them into customers of their products or services.

Financial Projections

Estimates of future financial performance, including expected revenue, expenses, and profitability.

Market Testing

Market Testing involves experimenting with a product or service in specific markets before a full-scale launch, to evaluate its performance and potential success.

Prospective Consumers

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