A Principal Components Analysis Was Run and the Following Eigenvalue

question 24

Multiple Choice

A principal components analysis was run and the following eigenvalue results were obtained: 2.731,2.218,.442,.341,.183,and .085.How many factors would you retain using the eigenvalues to determine the number of factors?

• A)one
• B)two
• C)four
• D)six

Discern the principles behind the allocation of resources in creating or destroying wealth.

Explain the concept of economic reasoning and the implications of actions and decisions that have costs.

Recognize the misconceptions related to the zero-sum fallacy in economic transactions.

Understand the dynamics of policies on housing and their unintended consequences.

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Definitions:

Model Behavior

Exhibiting exemplary or desired behaviors that others, especially those looking up to the model, can imitate.

Opposite Sex

Refers to the gender other than one's own, especially in the context of attraction, relationships, or sociobiological discussions.

Cartoon Character

A graphical representation, often in a stylized or exaggerative form, used primarily in animations and comic strips.

Cognitive Processes

Mental activities involved in the acquisition, processing, storage, and retrieval of information.