The distribution of global photometric, spectroscopic, structural and morphological parameters for a well defined sample of 350 nearby galaxies has been examined. The usual trends were recovered demonstrating that E/S0 galaxies are redder, more quiescent, more centrally concentrated and possess larger Sersic indices than later type galaxies. Multivariate statistical analyses were performed to examine the distribution of all parameters simultaneously. The main result of these analyses was the existence of only two classes of galaxies, corresponding closely to early and late types. Linear discriminant analysis was able to reproduce the classifications of early and late types galaxies with high success, but further refinement of galaxy types was not reproduced in the distribution of observed galaxy properties. A principal components analysis showed that the major variance of the parameter set corresponded to a distinction between early and late types, highlighting the importance of the distinction. A hierarchical clustering analysis revealed only two clear natural classes within the parameter set, closely corresponding to early and late types. Early and late types are clearly distinct and the distinction is of fundamental importance. In contrast, late types from Sa to Irr are smoothly distributed throughout the parameter space. A population of galaxies classified by eye as elliptical/lenticular, and exhibiting concentration indices similar to early-types were found to have a significant star-formation activity. These galaxies are preferentially faint, suggesting they are low-mass systems.
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