The centroids represent the mean values of the objects contained in the cluster on each of the variables

Indicate whether the statement is true or false

TRUE

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When comparing/analyzing CMA, these are the factors that would be NOT be taken into consideration:

a. Similar size properties sold in the neighborhood b. Date of sale c. Age of the property d. Accrued Depreciation

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The linear combinations of independent variables developed by discriminant analysis that will best discriminate between the categories of the dependent variable are ________

A) discriminant functions B) discriminant scores C) characteristic profiles D) classification matrix

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