Which of the Following Is Highly Useful in Interpreting Factor

question 25

Multiple Choice

Which of the following is highly useful in interpreting factor analysis results?

• A) Having a variable with high loadings on two factors
• B) Having a potential method factor
• C) Having a factor with no loadings above .30
• D) Having a marker variable with a high loading on only one factor

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Definitions:

English Economist

An English Economist refers to an economist from England who specializes in the study of economics, the social science concerned with the production, distribution, and consumption of goods and services.

Utility Theory

A theory in economics that assesses the usefulness or satisfaction a consumer gains from consuming goods and services.

Total Utility

The complete fulfillment experienced from the consumption of a specific amount of products or services.

Marginal Utility

The increased happiness or value a buyer experiences by consuming an extra unit of a good or service.