CLASSIFYING AND SELECTING MULTIVARIATE TECHNIQUES

Classifying and Selecting Multivariate Techniques

Classifying and Selecting Multivariate Techniques

What type of multivariate method do you recommend in each of the following cases and why?

You want to develop an estimating equation that will be used to predict which applicants will come to your university as students.

The multivariate technique that will be useful for the given case in the frequency distribution as it will provide detail picture of applicants; moreover, analysis of variance test will be used to get the results.

You would like to predict family income using such variables as education and stage in family life cycle.

It is ...