Which Analysis Method Is Considered Confirmatory,as Opposed to Exploratory

question 16

Multiple Choice

Which analysis method is considered confirmatory,as opposed to exploratory?

• A)regression analysis
• B)SEM
• C)factor analysis
• D)meta-analysis

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Definitions:

Import Quotas

Restrictions set by a government on the amount of a particular good that can be imported into a country within a given timeframe.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often measured by GDP.

Central Banks

The primary financial institutions of countries, responsible for monetary policy, currency issuance, and financial stability.

Per Capita Income

The mean amount of money made by each individual in a specific region or nation, determined by dividing the region's total earnings by the number of people living there.