Factor Analysis Is Usefully Employed When There Is a Need

question 26

True/False

Factor analysis is usefully employed when there is a need to determine the direction of causality between two or three variables.

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Definitions:

Profits

The financial gain realized when the revenue generated from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.

Ethical Thinking

The process of considering and applying moral principles and values in decision-making.

Values

Fundamental beliefs or ideals that guide an individual's or organization's behavior and decision-making process.

Behaviors

Actions or reactions of an individual or group in response to external or internal stimuli.