Scribd
Upload
330 views12 pages

Overview of Multivariate Analysis Techniques

This document provides an introduction to multivariate analysis. Multivariate analysis involves studying more than two variables simultaneously from a sample of observations. It has emerged as a powerful tool as univariate analyses of individual variables may lead to incorrect interpretations. There are several types of variables that can be analyzed, including explanatory and criterion variables, observable and latent variables, and discrete and continuous variables. Important multivariate techniques discussed include multiple regression, multiple discriminate analysis, multivariate analysis of variance, and correlation analysis. While multivariate analysis provides a way to analyze all data at once, it also involves expensive and labor-intensive computations.

Uploaded by

popat vishal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
330 views12 pages

Overview of Multivariate Analysis Techniques

This document provides an introduction to multivariate analysis. Multivariate analysis involves studying more than two variables simultaneously from a sample of observations. It has emerged as a powerful tool as univariate analyses of individual variables may lead to incorrect interpretations. There are several types of variables that can be analyzed, including explanatory and criterion variables, observable and latent variables, and discrete and continuous variables. Important multivariate techniques discussed include multiple regression, multiple discriminate analysis, multivariate analysis of variance, and correlation analysis. While multivariate analysis provides a way to analyze all data at once, it also involves expensive and labor-intensive computations.

Uploaded by

popat vishal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
  • Multivariate Analysis Overview: Introduces the concept and methods of multivariate analysis.
  • Introduction: Describes the broad categorization of statistical techniques for analyzing multiple variables simultaneously.
  • Meaning of Multivariate Analysis: Defines multivariate analysis including its purposes and applications.
  • Growth of Multivariate Techniques: Discusses the evolution and significance of multivariate techniques compared to univariate analysis.
  • Variables in Multivariate Analysis: Explains different types of variables used in multivariate analysis including explanatory and criterion variables.
  • Important Multivariate Techniques: Covers several key techniques in multivariate analysis such as multiple regression and discriminate analysis.
  • Conclusion: Summarizes the importance and complexity of multivariate techniques in data analysis.
  • Acknowledgments: Appreciative note towards readers and contributors related to the presentation of the material.

MULTIVARIAT

E ANALYSIS

INTRODUCTION
All statistical techniques which
simultaneously analyse more than
two variables on a sample of
observation can be categorized as
multivariate techniques. We may
as well use multivariate analysis
which is a collection of methods
for analyzing data in which a
number
of
observations
are
available for each object.

Meaning of
Multivariate Analysis :
Multivariate analysis which
may be defined as all statistical
methods which simultaneously
analyse more than two variables
on sample of observations.

Growth of Multivariate
Techniques :
Multivariate techniques have
emerged as a powerful tool to
analyze data represented in
terms of many variables. the
main reason being that a series
of univariate analysis carried
out separately for each variable
may, at times, lead to incorrect
interpretation of the result.

Variables in Multivariate
Analysis :
1.

Explanatory Variable & Criterion


Variable :

In economics, the explanatory


variables are called external or
exogenous variables and the criterion
variables are called endogenous
variables. Some people use the term
external criterion for explanatory
variables
&
the
term
internal
criterion for criterion variables.

2. Observable Variables & Latent


Variables :

explanatory variables described


above are supposed to be observable
directly in some situations, and if this
is so, the same are termed as
observable variables.

3. Discrete Variable &continuous


Variables :

Discrete variable is that variable


which when measured may take only
the integer value whereas continuous
variable is one which, when measured,
can assume any real value.

Important Multivariate
Techniques :
[Link] Regression :
In multiple regression we form a
linear
composite
of
explanatory
variables in such way that it has
maximum correlation with a criterion
variables. This technique is appropriate
when the researcher has a single, metric
criterion variable.

2. Multiple Discriminate
Analysis :
Through discriminate analysis
technique,
researcher
may
classify individuals or objects
into one of two or more mutually
exclusive and exhaustive groups
on the basis of a set of
independent variables.

3. Multivariate Analysis of
Variance :
Multivariate analysis of
variance is an extension of
bivariate analysis of variance
which the ratio of amonggroups variance to within
groups variance is calculated
on a set of variables instead of
a single.

4. Correlation Analysis :
This technique was first
developed by hotelling where in
an effort is made to
simultaneously predict a set of
criterion variables from their
joint co- variance with a set of
explanatory variables.

CONCLUSION
From the brief account of
multivariate techniques presented
above, we may conclude that such
techniques are important for they
make it possible to encompass all
the data from an investigation in
one analysis.
In spite of all this,
multivariate
techniques
are
expensive and involve laborious
computations.

Thank you

MULTIVARIAT E ANALYSIS MULTIVARIAT E ANALYSIS
INTRODUCTION All statistical techniques which simultaneously analyse more than two variables on a sample of observ
Meaning of Multivariate Analysis :  Multivariate analysis which may be defined as all statistical methods whic
Growth of Multivariate Techniques : Multivariate techniques have emerged as a powerful tool to analyze data
Variables in Multivariate Analysis : 1. Explanatory Variable & Criterion Variable : In economics, the explana
2. Observable Variables & Latent Variables : explanatory variables described above are supposed to be observable
Important Multivariate Techniques : 1.Multiple Regression : In multiple regression we form a linear
2. Multiple Discriminate Analysis : Through discriminate analysis technique, researcher may classify in
3. Multivariate Analysis of Variance : Multivariate analysis of variance is an extension of bivariate anal
4. Correlation Analysis : This technique was first developed by hotelling where in an effort is made to simulta

You might also like