A statistical manoeuvre which defines covariation for 2 groups of random variables—x and y—and seeks to identify linear combinations of the x's and the y's which have maximum correlation with each other.
In particular, this study provided: (a) a view of environmental management and strategic practices from a more complex conceptual structure; (b) an analysis of the theme from a view of strategy as practice, which has hitherto not been included in the literature on environmental management, at least within this perspective; (c) a joint analysis of conception and implementation of the environmental strategy of companies, breaking away from the dichotomy cited by Simpson and Samson (2010); (d) the use of a multivariate canonical correlation analysis that enabled the correlation of a set of dependent and a set of independent variables; (e) the generation of new variables from a canonical correlation, enabling new conclusions to be reached.
To simultaneously discover the relationship between the two sets of happenstance skills and occupational identity statuses, we performed a canonical correlation analysis to overcome the limitation of bivariate correlation analysis (Weiss, 1972) and to determine the underlying pattern of relationships between the five components of planned happenstance skills and the four components of identity status.
The canonical correlation analysis results showed that stock returns were positively correlated with several macroeconomic variables while there was also a small negative correlation between the returns and some of the variables.
The basic logic of result cross-validation (Oxford & Daniel, 2001) can assist the researcher in making preliminary judgments about the generalizability of results obtained in a canonical correlation analysis.
If there is a relationship between nutrition and measured characters, multivariate analyses such as canonical correlation analysis (CCA), a technique for describing the relationship between two variable sets simultaneously and to produce both structural and spatial meanings (Thompson, 1984), contribute to layer type hens breeding by providing information based on indirect selection.