SlideShare a Scribd company logo
1 of 10
1
MULTIVARIATE ANALYSIS
TECHNIQUES
2
FACTORS INFLUENCING THE
SELECTION OF A DATA
ANALYSIS STRATEGY
• Previous steps of the marketing research
project—Problem definition, development
of an approach, and research design. Data
analysis is geared toward providing
information that will help answer the
problem at hand.
3
FACTORS INFLUENCING THE
SELECTION OF A DATA
ANALYSIS STRATEGY
• Known characteristics of the data—For
example, scale of measurement (nominal,
ordinal, interval, or ratio). Certain
techniques are only appropriate for certain
types of data.
4
FACTORS INFLUENCING THE
SELECTION OF A DATA
ANALYSIS STRATEGY
• Properties of the statistical techniques—
Different statistical techniques serve
different purposes and have different
underlying assumptions with varying
degrees of robustness to their violations.
Statistical techniques vary in their purpose
and involve different assumptions.
5
FACTORS INFLUENCING THE
SELECTION OF A DATA
ANALYSIS STRATEGY
• Background and philosophy of the
researcher—Researchers vary in degree of
sophistication and philosophies (in making
assumptions about the variables and their
underlying populations).
6
CLASSIFICATION OF
STATISTICAL TECHNIQUES
• Statistical techniques can be classified as
univariate and multivariate.
• Univariate techniques are appropriate for
analyzing data when there is a single
measurement of each element in the sample,
or if there are several measurements on each
element, each variable is analyzed in
isolation.
Independent Related
Independent Related
* Two- Group
t test
* Z test
* One-Way
ANOVA
* Paired
t test
* Chi-Square
* Mann-Whitney
* Median
* K-S
* K-W ANOVA
* Sign
* Wilcoxon
* McNemar
* Chi-Square
Metric Data Non-metric Data
Univariate Techniques
One Sample Two or More
Samples
One Sample Two or More
Samples
* t test
* Z test
* Frequency
* Chi-Square
* K-S
* Runs
* Binomial
8
• Multivariate techniques are suitable for
analyzing data when there are two or more
measurements on each element and the
variables are analyzed simultaneously.
• They differ from univariate (single
phenomenon) techniques in that they shift the
focus away from the levels (averages) and
distributions (variances) of phenomena,
concentrating instead upon the degree of
relationships (correlations or covariances)
among these phenomena.
9
• Multivariate statistical techniques can be
classified as dependence techniques or inter­
dependence techniques.
• Dependence techniques are appropriate when
one or more variables can be identified as
dependent variables and the remaining as
independent variables.
• In interdependence techniques, the variables
are not classified as dependent or independent;
rather, the whole set of interdependent
relationships is examined.
10
More Than One
Dependent
Variable
* Multivariate
Analysis of
Variance and
Covariance
* Canonical
Correlation
* Multiple
Discriminant
Analysis
* Cross-
Tabulation
* Analysis of
Variance and
Covariance
* Multiple
Regression
* Conjoint
Analysis
* Factor
Analysis
One Dependent
Variable
Variable
Interdependence
Inter-object
Similarity
* Cluster Analysis
* Multidimensional
Scaling
Dependence
Technique
Interdependence
Technique
Multivariate Techniques

More Related Content

What's hot

Factor Analysis in Research
Factor Analysis in ResearchFactor Analysis in Research
Factor Analysis in ResearchQasim Raza
 
discriminant analysis
discriminant analysisdiscriminant analysis
discriminant analysiskrishnadk
 
Multidimensional scaling1
Multidimensional scaling1Multidimensional scaling1
Multidimensional scaling1Carlo Magno
 
Descriptive statistics
Descriptive statisticsDescriptive statistics
Descriptive statisticsSarfraz Ahmad
 
Lecture 6. univariate and bivariate analysis
Lecture 6. univariate and bivariate analysisLecture 6. univariate and bivariate analysis
Lecture 6. univariate and bivariate analysisDr Rajeev Kumar
 
Multivariate Variate Techniques
Multivariate Variate TechniquesMultivariate Variate Techniques
Multivariate Variate TechniquesDr. Keerti Jain
 
Descriptive Statistics
Descriptive StatisticsDescriptive Statistics
Descriptive StatisticsCIToolkit
 
SAMPLING DESIGN AND STEPS IN SAMPLE DESIGN
SAMPLING DESIGN AND STEPS IN SAMPLE DESIGNSAMPLING DESIGN AND STEPS IN SAMPLE DESIGN
SAMPLING DESIGN AND STEPS IN SAMPLE DESIGNpra098
 
Methods of multivariate analysis
Methods of multivariate analysisMethods of multivariate analysis
Methods of multivariate analysisharamaya university
 
Factor analysis ppt
Factor analysis pptFactor analysis ppt
Factor analysis pptMukesh Bisht
 
Measures of dispersion
Measures of dispersionMeasures of dispersion
Measures of dispersionSachin Shekde
 
SAMPLING AND SAMPLING ERRORS
SAMPLING AND SAMPLING ERRORSSAMPLING AND SAMPLING ERRORS
SAMPLING AND SAMPLING ERRORSrambhu21
 

What's hot (20)

Cluster analysis
Cluster analysisCluster analysis
Cluster analysis
 
Factor Analysis in Research
Factor Analysis in ResearchFactor Analysis in Research
Factor Analysis in Research
 
discriminant analysis
discriminant analysisdiscriminant analysis
discriminant analysis
 
Multidimensional scaling1
Multidimensional scaling1Multidimensional scaling1
Multidimensional scaling1
 
Sampling design ppt
Sampling design pptSampling design ppt
Sampling design ppt
 
Descriptive statistics
Descriptive statisticsDescriptive statistics
Descriptive statistics
 
Lecture 6. univariate and bivariate analysis
Lecture 6. univariate and bivariate analysisLecture 6. univariate and bivariate analysis
Lecture 6. univariate and bivariate analysis
 
Multivariate Variate Techniques
Multivariate Variate TechniquesMultivariate Variate Techniques
Multivariate Variate Techniques
 
Sampling
SamplingSampling
Sampling
 
Sample design
Sample designSample design
Sample design
 
Descriptive Statistics
Descriptive StatisticsDescriptive Statistics
Descriptive Statistics
 
SAMPLING DESIGN AND STEPS IN SAMPLE DESIGN
SAMPLING DESIGN AND STEPS IN SAMPLE DESIGNSAMPLING DESIGN AND STEPS IN SAMPLE DESIGN
SAMPLING DESIGN AND STEPS IN SAMPLE DESIGN
 
Methods of multivariate analysis
Methods of multivariate analysisMethods of multivariate analysis
Methods of multivariate analysis
 
Correlation and Regression
Correlation and RegressionCorrelation and Regression
Correlation and Regression
 
Research design
Research designResearch design
Research design
 
Measures of central tendency and dispersion
Measures of central tendency and dispersionMeasures of central tendency and dispersion
Measures of central tendency and dispersion
 
Factor analysis ppt
Factor analysis pptFactor analysis ppt
Factor analysis ppt
 
Measures of dispersion
Measures of dispersionMeasures of dispersion
Measures of dispersion
 
Regression analysis
Regression analysisRegression analysis
Regression analysis
 
SAMPLING AND SAMPLING ERRORS
SAMPLING AND SAMPLING ERRORSSAMPLING AND SAMPLING ERRORS
SAMPLING AND SAMPLING ERRORS
 

Viewers also liked

Univariate Analysis
 Univariate Analysis Univariate Analysis
Univariate AnalysisSoumya Sahoo
 
Univariate, bivariate analysis, hypothesis testing, chi square
Univariate, bivariate analysis, hypothesis testing, chi squareUnivariate, bivariate analysis, hypothesis testing, chi square
Univariate, bivariate analysis, hypothesis testing, chi squarekongara
 
Statistical Methods
Statistical MethodsStatistical Methods
Statistical Methodsguest9fa52
 
ppt on data collection , processing , analysis of data & report writing
ppt on data collection , processing , analysis of data & report writingppt on data collection , processing , analysis of data & report writing
ppt on data collection , processing , analysis of data & report writingIVRI
 
Data Preparation and Processing
Data Preparation and ProcessingData Preparation and Processing
Data Preparation and ProcessingMehul Gondaliya
 
Multivariate Analysis An Overview
Multivariate Analysis An OverviewMultivariate Analysis An Overview
Multivariate Analysis An Overviewguest3311ed
 
Bivariate analysis
Bivariate analysisBivariate analysis
Bivariate analysisariassam
 
Data analysis powerpoint
Data analysis powerpointData analysis powerpoint
Data analysis powerpointjamiebrandon
 

Viewers also liked (12)

Univariate Analysis
Univariate AnalysisUnivariate Analysis
Univariate Analysis
 
Univariate Analysis
 Univariate Analysis Univariate Analysis
Univariate Analysis
 
Bivariate
BivariateBivariate
Bivariate
 
Univariate, bivariate analysis, hypothesis testing, chi square
Univariate, bivariate analysis, hypothesis testing, chi squareUnivariate, bivariate analysis, hypothesis testing, chi square
Univariate, bivariate analysis, hypothesis testing, chi square
 
Bivariate
BivariateBivariate
Bivariate
 
Statistical Methods
Statistical MethodsStatistical Methods
Statistical Methods
 
ppt on data collection , processing , analysis of data & report writing
ppt on data collection , processing , analysis of data & report writingppt on data collection , processing , analysis of data & report writing
ppt on data collection , processing , analysis of data & report writing
 
Data Preparation and Processing
Data Preparation and ProcessingData Preparation and Processing
Data Preparation and Processing
 
Multivariate Analysis An Overview
Multivariate Analysis An OverviewMultivariate Analysis An Overview
Multivariate Analysis An Overview
 
Bivariate analysis
Bivariate analysisBivariate analysis
Bivariate analysis
 
Data analysis powerpoint
Data analysis powerpointData analysis powerpoint
Data analysis powerpoint
 
Chapter 10-DATA ANALYSIS & PRESENTATION
Chapter 10-DATA ANALYSIS & PRESENTATIONChapter 10-DATA ANALYSIS & PRESENTATION
Chapter 10-DATA ANALYSIS & PRESENTATION
 

Similar to Multivariate Data Analysis Techniques for Market Research

Seminarioanalyzingdatagaby
SeminarioanalyzingdatagabySeminarioanalyzingdatagaby
SeminarioanalyzingdatagabyGabrieela Matos
 
classification of various Multivariate techniques
classification of various Multivariate techniquesclassification of various Multivariate techniques
classification of various Multivariate techniquesssuser900e74
 
Planning the analysis and interpretation of resseaech data
Planning the analysis and interpretation of resseaech dataPlanning the analysis and interpretation of resseaech data
Planning the analysis and interpretation of resseaech dataramil12345
 
Introduction to statistics in health care
Introduction to statistics in health care Introduction to statistics in health care
Introduction to statistics in health care Dhasarathi Kumar
 
Overview of the Possibilities of Quantitative Methods in Political Science
Overview of the Possibilities of Quantitative Methods in Political ScienceOverview of the Possibilities of Quantitative Methods in Political Science
Overview of the Possibilities of Quantitative Methods in Political Scienceenvironmentalconflicts
 
Practical Research 1 about quantitative and qualitative methods
Practical Research 1 about quantitative and qualitative methodsPractical Research 1 about quantitative and qualitative methods
Practical Research 1 about quantitative and qualitative methodsAndoJoshua
 
Chapter 6.pptx Data Analysis and processing
Chapter 6.pptx Data Analysis and processingChapter 6.pptx Data Analysis and processing
Chapter 6.pptx Data Analysis and processingetebarkhmichale
 
Lect4 research methodology
Lect4 research methodologyLect4 research methodology
Lect4 research methodologyJasper Obico
 
Quantitative Research
Quantitative ResearchQuantitative Research
Quantitative Researchsyerencs
 
Quantitative reseach method
Quantitative reseach methodQuantitative reseach method
Quantitative reseach methodmetalkid132
 
Cochrane Collaboration
Cochrane CollaborationCochrane Collaboration
Cochrane CollaborationNinian Peckitt
 
presentaion-ni-owel.pptx
presentaion-ni-owel.pptxpresentaion-ni-owel.pptx
presentaion-ni-owel.pptxJareezRobios
 
Mba2216 week 11 data analysis part 03 appendix
Mba2216 week 11 data analysis part 03 appendixMba2216 week 11 data analysis part 03 appendix
Mba2216 week 11 data analysis part 03 appendixStephen Ong
 
Module 4 data analysis
Module 4 data analysisModule 4 data analysis
Module 4 data analysisILRI-Jmaru
 

Similar to Multivariate Data Analysis Techniques for Market Research (20)

Seminarioanalyzingdatagaby
SeminarioanalyzingdatagabySeminarioanalyzingdatagaby
Seminarioanalyzingdatagaby
 
classification of various Multivariate techniques
classification of various Multivariate techniquesclassification of various Multivariate techniques
classification of various Multivariate techniques
 
Planning the analysis and interpretation of resseaech data
Planning the analysis and interpretation of resseaech dataPlanning the analysis and interpretation of resseaech data
Planning the analysis and interpretation of resseaech data
 
Introduction to statistics in health care
Introduction to statistics in health care Introduction to statistics in health care
Introduction to statistics in health care
 
Overview of the Possibilities of Quantitative Methods in Political Science
Overview of the Possibilities of Quantitative Methods in Political ScienceOverview of the Possibilities of Quantitative Methods in Political Science
Overview of the Possibilities of Quantitative Methods in Political Science
 
Practical Research 1 about quantitative and qualitative methods
Practical Research 1 about quantitative and qualitative methodsPractical Research 1 about quantitative and qualitative methods
Practical Research 1 about quantitative and qualitative methods
 
Chapter 6.pptx Data Analysis and processing
Chapter 6.pptx Data Analysis and processingChapter 6.pptx Data Analysis and processing
Chapter 6.pptx Data Analysis and processing
 
Lect4 research methodology
Lect4 research methodologyLect4 research methodology
Lect4 research methodology
 
Quantitative Research
Quantitative ResearchQuantitative Research
Quantitative Research
 
Quantitative reseach method
Quantitative reseach methodQuantitative reseach method
Quantitative reseach method
 
4793325
47933254793325
4793325
 
Chapter Eight Quantitative Methods
Chapter Eight Quantitative MethodsChapter Eight Quantitative Methods
Chapter Eight Quantitative Methods
 
Cochrane Collaboration
Cochrane CollaborationCochrane Collaboration
Cochrane Collaboration
 
ANALYSIS OF DATA.pptx
ANALYSIS OF DATA.pptxANALYSIS OF DATA.pptx
ANALYSIS OF DATA.pptx
 
Data Analysis Introduction.pptx
Data Analysis Introduction.pptxData Analysis Introduction.pptx
Data Analysis Introduction.pptx
 
presentaion-ni-owel.pptx
presentaion-ni-owel.pptxpresentaion-ni-owel.pptx
presentaion-ni-owel.pptx
 
presentaion ni owel iwiw.pptx
presentaion ni owel iwiw.pptxpresentaion ni owel iwiw.pptx
presentaion ni owel iwiw.pptx
 
Mba2216 week 11 data analysis part 03 appendix
Mba2216 week 11 data analysis part 03 appendixMba2216 week 11 data analysis part 03 appendix
Mba2216 week 11 data analysis part 03 appendix
 
Module 4 data analysis
Module 4 data analysisModule 4 data analysis
Module 4 data analysis
 
Analyzing data
Analyzing dataAnalyzing data
Analyzing data
 

Recently uploaded

Aryabhata I, II of mathematics of both.pptx
Aryabhata I, II of mathematics of both.pptxAryabhata I, II of mathematics of both.pptx
Aryabhata I, II of mathematics of both.pptxtegevi9289
 
April 2024 - VBOUT Partners Meeting Group
April 2024 - VBOUT Partners Meeting GroupApril 2024 - VBOUT Partners Meeting Group
April 2024 - VBOUT Partners Meeting GroupVbout.com
 
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfTOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfasiyahanif9977
 
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024Richard Ingilby
 
Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...
Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...
Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...Search Engine Journal
 
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort ServiceEnjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort ServiceDelhi Call girls
 
Uncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 ReportsUncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 ReportsVWO
 
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO SuccessBrighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO SuccessVarn
 
Unraveling the Mystery of Roanoke Colony: What Really Happened?
Unraveling the Mystery of Roanoke Colony: What Really Happened?Unraveling the Mystery of Roanoke Colony: What Really Happened?
Unraveling the Mystery of Roanoke Colony: What Really Happened?elizabethella096
 
Kraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentationKraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentationtbatkhuu1
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...aditipandeya
 
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceAvoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceDamien ROBERT
 
Local SEO Domination: Put your business at the forefront of local searches!
Local SEO Domination:  Put your business at the forefront of local searches!Local SEO Domination:  Put your business at the forefront of local searches!
Local SEO Domination: Put your business at the forefront of local searches!dstvtechnician
 
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service OnlineCALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Onlineanilsa9823
 
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...ChesterYang6
 

Recently uploaded (20)

Aryabhata I, II of mathematics of both.pptx
Aryabhata I, II of mathematics of both.pptxAryabhata I, II of mathematics of both.pptx
Aryabhata I, II of mathematics of both.pptx
 
April 2024 - VBOUT Partners Meeting Group
April 2024 - VBOUT Partners Meeting GroupApril 2024 - VBOUT Partners Meeting Group
April 2024 - VBOUT Partners Meeting Group
 
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdfTOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
TOP DUBAI AGENCY OFFERS EXPERT DIGITAL MARKETING SERVICES.pdf
 
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
Moving beyond multi-touch attribution - DigiMarCon CanWest 2024
 
Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...
Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...
Do More with Less: Navigating Customer Acquisition Challenges for Today's Ent...
 
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort ServiceEnjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Dlf City Phase 4 Gurgaon >༒8448380779 Escort Service
 
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting GroupSEO Master Class - Steve Wiideman, Wiideman Consulting Group
SEO Master Class - Steve Wiideman, Wiideman Consulting Group
 
Uncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 ReportsUncover Insightful User Journey Secrets Using GA4 Reports
Uncover Insightful User Journey Secrets Using GA4 Reports
 
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO SuccessBrighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
 
Brand Strategy Master Class - Juntae DeLane
Brand Strategy Master Class - Juntae DeLaneBrand Strategy Master Class - Juntae DeLane
Brand Strategy Master Class - Juntae DeLane
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 
Unraveling the Mystery of Roanoke Colony: What Really Happened?
Unraveling the Mystery of Roanoke Colony: What Really Happened?Unraveling the Mystery of Roanoke Colony: What Really Happened?
Unraveling the Mystery of Roanoke Colony: What Really Happened?
 
Kraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentationKraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentation
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Film Nagar high-profile Call ...
 
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceAvoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
 
Local SEO Domination: Put your business at the forefront of local searches!
Local SEO Domination:  Put your business at the forefront of local searches!Local SEO Domination:  Put your business at the forefront of local searches!
Local SEO Domination: Put your business at the forefront of local searches!
 
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service OnlineCALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
CALL ON ➥8923113531 🔝Call Girls Hazratganj Lucknow best sexual service Online
 
No Cookies No Problem - Steve Krull, Be Found Online
No Cookies No Problem - Steve Krull, Be Found OnlineNo Cookies No Problem - Steve Krull, Be Found Online
No Cookies No Problem - Steve Krull, Be Found Online
 
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
Netflix Ads The Game Changer in Video Ads – Who Needs YouTube.pptx (Chester Y...
 

Multivariate Data Analysis Techniques for Market Research

  • 2. 2 FACTORS INFLUENCING THE SELECTION OF A DATA ANALYSIS STRATEGY • Previous steps of the marketing research project—Problem definition, development of an approach, and research design. Data analysis is geared toward providing information that will help answer the problem at hand.
  • 3. 3 FACTORS INFLUENCING THE SELECTION OF A DATA ANALYSIS STRATEGY • Known characteristics of the data—For example, scale of measurement (nominal, ordinal, interval, or ratio). Certain techniques are only appropriate for certain types of data.
  • 4. 4 FACTORS INFLUENCING THE SELECTION OF A DATA ANALYSIS STRATEGY • Properties of the statistical techniques— Different statistical techniques serve different purposes and have different underlying assumptions with varying degrees of robustness to their violations. Statistical techniques vary in their purpose and involve different assumptions.
  • 5. 5 FACTORS INFLUENCING THE SELECTION OF A DATA ANALYSIS STRATEGY • Background and philosophy of the researcher—Researchers vary in degree of sophistication and philosophies (in making assumptions about the variables and their underlying populations).
  • 6. 6 CLASSIFICATION OF STATISTICAL TECHNIQUES • Statistical techniques can be classified as univariate and multivariate. • Univariate techniques are appropriate for analyzing data when there is a single measurement of each element in the sample, or if there are several measurements on each element, each variable is analyzed in isolation.
  • 7. Independent Related Independent Related * Two- Group t test * Z test * One-Way ANOVA * Paired t test * Chi-Square * Mann-Whitney * Median * K-S * K-W ANOVA * Sign * Wilcoxon * McNemar * Chi-Square Metric Data Non-metric Data Univariate Techniques One Sample Two or More Samples One Sample Two or More Samples * t test * Z test * Frequency * Chi-Square * K-S * Runs * Binomial
  • 8. 8 • Multivariate techniques are suitable for analyzing data when there are two or more measurements on each element and the variables are analyzed simultaneously. • They differ from univariate (single phenomenon) techniques in that they shift the focus away from the levels (averages) and distributions (variances) of phenomena, concentrating instead upon the degree of relationships (correlations or covariances) among these phenomena.
  • 9. 9 • Multivariate statistical techniques can be classified as dependence techniques or inter­ dependence techniques. • Dependence techniques are appropriate when one or more variables can be identified as dependent variables and the remaining as independent variables. • In interdependence techniques, the variables are not classified as dependent or independent; rather, the whole set of interdependent relationships is examined.
  • 10. 10 More Than One Dependent Variable * Multivariate Analysis of Variance and Covariance * Canonical Correlation * Multiple Discriminant Analysis * Cross- Tabulation * Analysis of Variance and Covariance * Multiple Regression * Conjoint Analysis * Factor Analysis One Dependent Variable Variable Interdependence Inter-object Similarity * Cluster Analysis * Multidimensional Scaling Dependence Technique Interdependence Technique Multivariate Techniques