Multivariate Data Analysis

Multivariate Data Analysis is a set of techniques used to examine and understand relationships among multiple variables at once. Instead of looking at just one factor, it considers many simultaneously to uncover patterns, trends, or how variables influence each other. For example, it can help businesses see how sales are affected by price, advertising, and customer satisfaction together. This approach provides a more comprehensive view of complex data, enabling better decision-making and insights in fields like marketing, finance, and research.