Exploratory Analysis of VET Market Segments. Technical Paper

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  • Additional Information
    • Availability:
      National Centre for Vocational Education Research Ltd. P.O. Box 8288, Stational Arcade, Adelaide, SA 5000, Australia. Tel: +61-8-230-8400; Fax: +61-8-212-3436; e-mail: [email protected]; Web site: http://www.ncver.edu.au
    • Peer Reviewed:
      N
    • Source:
      50
    • Sponsoring Agency:
      Australian Government Department of Education, Skills and Employment
    • Subject Terms:
      Vocational Education; Foreign Countries; Labor Market; Multivariate Analysis; Cluster Grouping; Mathematics
    • Subject Terms:
      Australia
    • ISBN:
      978-1-925717-96-9
    • Abstract:
      This paper summarises the exploratory quantitative analysis undertaken to investigate how vocational education and training (VET) students cluster and segment in the Australian VET market. This analysis is outlined in three sections. The first section focuses on 'clustering' as a technique for grouping data and the three clustering algorithms used. These are then discussed in more detail to provide some insights into how they operate. Their specific data requirements, along with their strengths and weaknesses, are also considered. In next section the outputs of the clustering approaches are considered. The resultant clusters are examined to better understand them, and meaningfully label and group them into segments. The final section returns to the raw data. This step was necessary to further explore (in this case, only some of) the identified market segments. Three key market segments are explored: students in targeted English programs; students in social inclusion programs; and migrant students.
    • Abstract:
      ERIC
    • Publication Date:
      2022
    • Accession Number:
      ED620514