Multivariate Analysis
Multivariate analysis is a statistical technique used to analyze data that involves multiple variables. It is used to understand the relationships between the variables and to identify patterns and trends in the data. Multivariate analysis can be used to identify the underlying factors that contribute to the variation in the data, to classify the data into different groups, and to predict future outcomes based on the relationships between the variables. Multivariate analysis techniques include principal component analysis, factor analysis, cluster analysis, discriminant analysis, and regression analysis. These techniques are used in various fields such as finance, marketing, healthcare, and social sciences to gain insights from complex data sets.
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