ANALYZING HOW MULTIVARIATE TECHNIQUES CAN BE APPLIED IN BUSINESSES

Write a summary to upper management explaining the following: • How can each multivariate technique be utilized in Big D Incorporated, and what purpose would each serve? • Which technique is your preferred method, and how is your chosen multivariate technique different from the other two techniques? • What will the Board of Directors learn from your selected technique and more importantly, how will it contribute to the overall decision-making process? Ensure that your explanation is clear and concise in its explanation.