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mallikarjun.y
- 2
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Please suggest, book on 'Partial Least Square.'
Multivariate analysis is a statistical method used to analyze data that involves multiple variables or factors. It helps to understand the relationships between different variables and how they may affect each other.
Multivariate analysis is important because it allows researchers to gain a deeper understanding of complex data and identify patterns and relationships between multiple variables. It also helps to make accurate predictions and draw meaningful conclusions from data.
Some common techniques used in multivariate analysis include principal component analysis, factor analysis, cluster analysis, and discriminant analysis. These techniques help to reduce the dimensionality of data and identify underlying patterns and relationships.
Multivariate analysis has various applications in fields such as psychology, economics, biology, and marketing. It is used to analyze consumer behavior, market trends, genetic data, and more to make informed decisions and predictions.
Some popular books on multivariate analysis include "Multivariate Data Analysis" by Hair et al., "Applied Multivariate Statistical Analysis" by Johnson and Wichern, and "Discovering Statistics Using IBM SPSS Statistics" by Field. These books provide a comprehensive understanding of multivariate analysis techniques and their applications.