Skip to main content
Top

2014 | OriginalPaper | Chapter

16. Multivariate Data

Variety Is the Spice of Life

Author : Peter Kenny

Published in: Better Business Decisions from Data

Publisher: Apress

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

Practical problems often make it difficult to obtain homogeneous and similar samples. For example, samples may involve individuals of different ages and may have to be taken on different days of the week. Individuals differ in numerous ways, and real effects can arise on different days. It could be said, quite rightly, that samples differ because a variety of effects are always present, each creating a difference. In other words, no matter how we aim to obtain homogeneous samples, we will end up with multiple effects. In the past, when analysis involved lengthy procedures, this was a nuisance. Now, with the availability of computer packages that provide rapid and more versatile processing, multivariate data analysis is seen to be a great advantage and has in many areas taken over from the simplistic methods I have been describing.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Metadata
Title
Multivariate Data
Author
Peter Kenny
Copyright Year
2014
Publisher
Apress
DOI
https://doi.org/10.1007/978-1-4842-0184-8_16