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A Method for Finding the Minimum Number of Dimensions to Account

question 5

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A method for finding the minimum number of dimensions to account for a large number of variables is called


Definitions:

Specified Value

A particular or defined value, often set as a criterion or standard.

Null Hypothesis

A hypothesis in statistics that assumes there is no significant difference or effect and serves as the default assumption in a hypothesis test.

Significance Level

A threshold used in hypothesis testing to determine whether to reject the null hypothesis, typically expressed as a probability such as 0.05 or 5%.

Type II Error

The failure to reject a false null hypothesis, also referred to as a "false negative."

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