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Cluster Analysis

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Abstract

The objective of cluster analysis is to group observations (e.g., individuals) in such a way that the groups formed are as homogeneous as possible within each group and as different as possible across groups.

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Bibliography

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Gatignon, H. (2014). Cluster Analysis. In: Statistical Analysis of Management Data. Springer, Boston, MA. https://doi.org/10.1007/978-1-4614-8594-0_12

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