Which of the following statements concerning discriminant analysis is FALSE?
A) Discriminant analysis is useful in marketing for examining differences between groups.
B) In discriminant analysis the dependent variable is a dichotomy or multichotomy, whereas in regression it is typically interval scaled.
C) A two-group discriminant analysis can be transformed into a regression problem simply by using a 0/1 dummy code for the dependent variable.
D) The degree of correlation among predictors is of concern in both discriminant and regression analysis.
E) The criterion that is satisfied in solving for the discriminant function is the maximization of the ratio of within-group variation to between-group variation.
Correct Answer:
Verified
Q2: (Use the following information to answer the
Q3: (Use the following information to answer the
Q4: Which of the following quantities are used
Q5: The amount of variance the discriminant score
Q6: Which of the following statements pertaining to
Q8: Which of the following is NOT one
Q9: In which of the following marketing research
Q10: If there are 25 individuals in group
Q11: Once the discriminant function has been produced,
Q12: (Use the information below to answer the
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