Univariate statistical techniques are used when you want to examine two-variable relationships.If you,on the other hand,are interested in the relationship between many variables,such as in the Excelsior Enterprises case,multivariate statistical techniques are required.

Question

Quizplus · Accepted Answer

The statement is true. Univariate techniques are used to examine relationships between two variables, while multivariate techniques are required for the analysis of multiple variables. The Excelsior Enterprises case involves multiple variables, making it an appropriate situation for the use of multivariate statistical techniques.

Univariate Statistical Techniques Are Used When You Want to Examine