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An Eigenvalue Is Defined as the Amount of Total Variance

question 4

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An eigenvalue is defined as the amount of total variance explained by each factor, with the total amount of variability in the analysis equal to the number of original variables in the analysis.


Definitions:

Load Factor

In transportation and logistics, it is the ratio of actual cargo carried to the total carrying capacity available, indicating efficiency in space usage.

Operating Expense

Costs associated with the day-to-day functioning of a business, excluding direct production costs.

Yield

The income generated from an investment, usually expressed as a percentage of the investment's cost or current market value.

Profit

The financial gain achieved when the revenues generated from business activities exceed the expenses, costs, and taxes needed to sustain those activities.

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