________ Is a Class of Procedures Primarily Used for Data

question 22

Multiple Choice

________ is a class of procedures primarily used for data reduction and summarization.

• A) Conjoint analysis
• B) Factor analysis
• C) Regression analysis
• D) Discriminant analysis

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Definitions:

Productivity

The effectiveness of productive effort, especially in industry, measured in terms of the rate of output per unit of input.

Financial Advantages

Refers to the monetary benefits associated with a decision, investment, or policy.

Technical Skills

Specific abilities or expertise related to a particular field or industry, often requiring specialized knowledge or training.