MULTIVARIATE STATISTICAL ANALYSIS METHODS IN THE STUDY OF SOCIO-ECONOMIC PROCESSES: THEORY, PRACTICE, AND APPLICATIONS

31.03.2024 International Scientific Journal "Science and Innovation". Series A. Volume 3 Issue 3

Nabixojayeva Maxfuza Ulugbek kizi

Abstract. This review examines multivariate statistical analysis methods in the context of studying socio-economic processes. It covers theoretical foundations, practical applications, and contemporary approaches in the field of multivariate statistical analysis. The discussed methods include multivariate statistical analysis, factor analysis, cluster analysis, discriminant analysis, and multivariate regression. The paper highlights examples of their use in studying socio-economic processes, as well as applications in various applied areas

Keywords: multivariate statistical analysis, socio-economic processes, factor analysis, cluster analysis, discriminant analysis, multivariate regression, applications