Summary 1ZM31 Multivariate Data Analysis by Hair 2023

Multivariate Data Analysis - -Research that involves three or more, or that is concerned with underlying dimensions among multiple variables, will involve multivariate statistical analysis. -Variate - -A mathematical way in which a set of variables can be represented with one equation. A linear combination of variables, each contributing to the overall meaning of the variate based upon an empirically derived weight. -Dependence techniques - -Explain or predict one or more dependent variables. Needed when hypotheses involve distinction between independent and dependent variables. Types: Multiple regression analysis Multiple discriminant analysis Multivariate analysis of variance Structural equations modeling -Interdependence techniques - -Give meaning to a set of variables or seek to group things together. Used when researchers examine questions