Question
Download Solution PDFWhich type of analysis, involves describing a case in terms of a single variable-specifically ?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is - Univariate analysis
Key Points
- Univariate analysis
- Univariate analysis focuses on analyzing a single variable at a time.
- The primary goal is to describe the variable using statistical measures like mean, median, mode, range, and standard deviation.
- This type of analysis is used to summarize the data and identify patterns in one specific variable without considering relationships with other variables.
- Examples of univariate analysis include:
- Calculating the average age of a group of people.
- Finding the distribution of test scores in a class.
Additional Information
- Bivariate analysis
- Involves analyzing the relationship between two variables.
- It is used to determine how one variable affects or correlates with another.
- Methods include scatter plots, correlation coefficients, and regression analysis.
- Multivariate analysis
- Focuses on analyzing more than two variables simultaneously.
- It is used to study complex data relationships, such as in predictive modeling and factor analysis.
- Examples include multiple regression and cluster analysis.
- Cross analysis
- Also known as cross-tabulation, it compares data across different categories of a single or multiple variables.
- It is widely used in market research and surveys to analyze the relationship between categorical variables.
Last updated on Jun 26, 2025
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