Factor Analysis and Principal Components Analysis Are Different Techniques, but They

question 29

True/False

Factor analysis and principal components analysis are different techniques, but they are very similar.

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Definitions:

Marginal Probability

The probability of an event occurring, taken in isolation, without consideration of any other related events.

Car Sales

The number of automobiles sold within a specific period, an indicator of the automotive industry's health and consumer demand.

Conditional Probabilities

The probability of an event occurring given that another event has already occurred, reflecting how the likelihood of the event is affected by the knowledge of another outcome.

V(X + Y)

The variance of the sum of two random variables, considering both their individual variances and the covariance between them.