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What are the differences between univariate, bivariate and multivariate analysis?

Answer»

Statistical analyses are classified based on the number of variables processed at a GIVEN time.

Univariate analysisBivariate analysisMultivariate analysis
This analysis deals with solving only one variable at a time.This analysis deals with the statistical study of TWO variables at a given time.This analysis deals with statistical analysis of more than two variables and studies the responses.
Example: Sales pie CHARTS based on territory.Example: Scatterplot of Sales and spend volume analysis study.Example: Study of the relationship between human’s social media habits and their self-esteem which depends on multiple factors like age, number of hours spent, employment status, relationship status, ETC.


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