In Linear Discriminant Analysis we have a Dependent Variable which is
Categorical in nature and we have two or more independent variables which are
Metric in nature.
DEPENDENT VARIABLE:-
Category 1:- ERP Implemented by the SMEs
Category 2:- ERP Not Implemented by the SMEs
INDEPENDENT VARIABLES:-
(Each
measured on a Scale of 1 to 5 with 1 being lowest and 5 being the highest)
·
Operational Costs
·
Administrative Costs
·
Inventory Holdings
·
On-Time Delivery of products
·
Work Efficiency
·
Customer Base
·
Customer Relationship
The
final analysis of the data would be done as soon as the data from atleast 50
SMEs (Sample Size) is collected and the further research on the characteristics
of sample on the basis of Linear Discriminant Analysis would be carried forward
in the next semester.
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