All of the Following Types of Techniques Are Useful for Data

question 19

Multiple Choice

All of the following types of techniques are useful for data reduction except _____.

• A) factor analysis
• B) multivariate analysis of variance
• C) cluster analysis
• D) multidimensional scaling
• E) all are useful for data reduction

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Definitions:

Factory Outlets

Retail stores directly operated by manufacturers, offering goods at reduced prices, typically those that are overproduced or from past seasons.

Direct Selling

A retail channel where products are sold directly to consumers, bypassing traditional retail stores or intermediaries.

Television Home Shopping

A retail format where products are marketed and sold directly to consumers through television channels, inviting viewers to make purchases from home.

Paper Costs

The expenditures associated with acquiring paper, often relevant in printing, publishing, and stationary contexts.