A Set of Statistical Techniques Used to Analyze Responses from a Survey

question 52

Multiple Choice

A set of statistical techniques used to analyze responses from a survey or questionnaire to group items together by concept is called ______.

• A) statistical analysis
• B) item analysis
• C) survey analysis
• D) factor analysis

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Definitions:

Gratuitous Agent

An agent who acts without being paid for his or her services.

Consideration

The bargained-for exchange; what each party gets in exchange for his or her promise under a contract.

Authority

The power or right to make decisions, give orders, and enforce obedience.

Principal

The main party to a transaction, such as the owner of a business, or the amount of money loaned or invested, excluding interest or profits.