Cluster Analysis Using Location Quotients And/or Employment Multipliers Provide a Snapshot

question 13

True/False

Cluster analysis using location quotients and/or employment multipliers provide a snapshot of employment at a point in time but do not provide a forecast of future employment in a specific industry.

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Definitions:

Record

A document or an electronic storage that maintains evidence or information about events, transactions, or observations.

Impact Factor

In scholarly publishing, a measure of the number of times journal articles are cited by other scholarly articles.

Influential

Having the power to affect or change outcomes, opinions, or developments, often referring to individuals, ideas, or trends that shape events.

Field

Refers to a specific area of study, interest, or a professional domain.