In this post, we’ll provide a complete introduction to multivariate analysis. So, if you’re an aspiring data analyst or data scientist, multivariate analysis is an important concept to get to grips with.
These techniques allow you to gain a deeper understanding of your data in relation to specific business or real-world scenarios. Multivariate analysis isn’t just one specific method-rather, it encompasses a whole range of statistical techniques.
When dealing with data that contains more than two variables, you’ll use multivariate analysis.
Data analytics is all about looking at various factors to see how they impact certain situations and outcomes.