A Dendrogram Using Single Linkage and Hierarchical Procedures
Not what you're looking for?
Sample correlations for five stocks are given. Treating the sample correlations as similarity measures, cluster the stocks using the single linkage and complete linkage hierarchical procedures. Draw the dendrogram and compare the results.
JPMORGAN Citibank WellsFargo RoyalDS ExxonMobil
JPMORGAN 1
Citibank 0.63 1
WellsFargo 0.51 0.57 1
RoyalDS 0.12 0.32 0.18 1
ExxonMobil 0.16 0.21 0.15 0.68 1
Purchase this Solution
Solution Summary
The solution gives detailed steps on drawing the dendrogram and compare the results using the single linkage and complete linkage hierarchical procedures.
Solution Preview
Answer: let 1 be JPMORGAN, 2 be Citibank, 3 be WellsFargo, 4 be RoyalDS and 5 be ExxonMObile respectively.
For Single linkage,
Stage 1: S12=0.63 and S45=0.68 (both data are given in the question)
Stage 2: S3(12)=max(S31, S32)=max(0.51, ...
Purchase this Solution
Free BrainMass Quizzes
Measures of Central Tendency
This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.
Measures of Central Tendency
Tests knowledge of the three main measures of central tendency, including some simple calculation questions.
Terms and Definitions for Statistics
This quiz covers basic terms and definitions of statistics.
Know Your Statistical Concepts
Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.