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Number of Dimensions in an MDS Cannot Be Decided Using

question 19

Short Answer

Number of dimensions in an MDS cannot be decided using
a) ease of use
b) external validity of solution
c) interpretability of data
d) none of the above


Definitions:

Command Economies

Command economies are economic systems where the government or a central authority makes all decisions regarding the production and distribution of goods and services.

Government Officials

Individuals who hold positions of authority in government institutions and are responsible for making and implementing public policies and laws.

Market System

An economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's citizens and businesses.

Business Risk

The exposure a company or investor has to factor(s) that will lower its profits or lead it to fail.

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