Which Statement Is True About Correspondence Analysis

question 20

Multiple Choice

Which statement is true about correspondence analysis?

• A)The interpretation of results is similar to that in chi-square analysis.
• B)An advantage over other MDS techniques is that it reduces the data collection demands put on the respondents because only interval or ratio data are obtained.
• C)A disadvantage is that between-set distances cannot be meaningfully interpreted.
• D)All of the statements are true.

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Definitions:

Plantwide Predetermined

A method that assigns overhead costs to products based on a single predetermined overhead rate for the entire factory or plant.

Manufacturing Overhead

Refers to all the indirect costs associated with the production process, excluding direct materials and direct labor costs.

Machine-Hours

A unit of measure reflecting the amount of time a machine is operated.

Plantwide Predetermined

The determination of a single overhead rate that is applied throughout an entire plant or facility, irrespective of individual processes.