In Which of the Following Situations Could a Research Analyst

question 2

Multiple Choice

In which of the following situations could a research analyst use discriminant analysis?

• A) A real estate development company wants to estimate the probable sales of construction services on the basis of marriage rates, population movement in the region, and interest rates on construction loans
• B) A psychologist wants to understand the underlying personality factors associated with materialism in consumers
• C) An airline wants to classify its customers into groups based on their relative profitability
• D) The brand manager for Tide laundry detergent wants to understand how consumers perceive Tide relative to other laundry detergents
• E) A retail store wants to determine if there are differences in shopping frequency associated with gender

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Definitions:

Tracheids

Long, thin cells found in the xylem of vascular plants, facilitating water transport and providing structural support.

Floral Shoot

The part of a plant that carries flowers, which are the reproductive structures of angiosperms.

Petals

Colored or patterned parts of a flower, involved in attracting pollinators and protecting reproductive structures.

Double Fertilization

A process in the flowering plant life cycle in which there are two fertilizations; one fertilization results in formation of a zygote, whereas the second results in formation of endosperm.