Factor Analysis May Not Be Appropriate in All of the Following

question 11

Multiple Choice

Factor analysis may not be appropriate in all of the following situations except ________.

• A)a small value for Bartlett's test of sphericity is found
• B)small values of the KMO statistic are found
• C)the variables are not correlated
• D)the variables are correlated

Analyze the factors affecting consumer spending patterns as indicated by the CPI.

Differentiate between the CPI and GDP deflator as measures of inflation.

Identify and understand the limitations and biases of the CPI.

Understand the calculation of inflation rates using CPI data.

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Definitions:

National Incident Management System (NIMS)

A standardized approach guiding agencies at all levels to work together seamlessly during incidents.

Federal Emergency Management Agency (FEMA)

A U.S. government agency responsible for coordinating responses to disasters that overwhelm the resources of local and state authorities.

Environmental Protection Agency (EPA)

A U.S. federal agency charged with protecting human health and the environment by writing and enforcing regulations based on laws passed by Congress.

Crisis Intervention

A method of short-term support with the aim of stabilizing individuals in acute psychological distress and preventing further deterioration of their mental health.