Which of the following is a procedure that is useful for analyzing the relationship among two or more predictor/independent variables and one metric criterion/dependent variable?
A)multiple discriminant analysis
B)multiple regression analysis
C)conjoint analysis
D)cluster analysis

Question

Quizplus · Accepted Answer

Multiple regression analysis is a procedure that is useful for analyzing the relationship among two or more predictor/independent variables and one metric criterion/dependent variable. Option A, multiple discriminant analysis, is used to determine the linear combination of variables that can best discriminate between two or more groups. Option C, conjoint analysis, is a statistical technique used to determine how people value different attributes (features) that make up an individual product or service. Option D, cluster analysis, is a statistical technique used to group objects or individuals based on their characteristics or attributes.

Which of the Following Is a Procedure That Is Useful