What Is Multiple Discriminant Analysis (MDA)?

Multiple discriminant analysis (MDA) is a statistical tool used to predict the probability of a particular event occurring. It is based on the relationships between a set of independent variables and a dependent variable. The dependent variable is usually a categorical variable, such as “yes” or “no.” The independent variables can be any type of … Read more

Over-Selling Definition.

Over-selling is the act of convincing a customer to buy a product or service that they may not need or want. This can be done through aggressive marketing tactics or by simply providing too much information about a product or service. Over-selling can lead to customer dissatisfaction and may even result in returns or cancellations. … Read more