in Data Science by
Differentiate between univariate, bivariate and multivariate analysis.

1 Answer

0 votes

Univariate analyses are descriptive statistical analysis techniques which can be differentiated based on the number of variables involved at a given point of time. For example, the pie charts of sales based on territory involve only one variable and can the analysis can be referred to as univariate analysis.

The bivariate analysis attempts to understand the difference between two variables at a time as in a scatterplot. For example, analyzing the volume of sale and spending can be considered as an example of bivariate analysis.

Multivariate analysis deals with the study of more than two variables to understand the effect of variables on the responses.

Related questions

0 votes
asked Feb 13 in Advanced Statistics and Probability by DavidAnderson
0 votes
asked Jun 16 in JAVA by Robindeniel
+1 vote
asked Jan 17 in Artificial Intelligence by Robindeniel