Factor Analysis Identifies

question 21

Multiple Choice

Factor analysis identifies

• A) normative ages for correct responses to items on an IQ test.
• B) which items on an IQ test are reliable.
• C) whether an IQ test actually measures intelligence.
• D) which items on an IQ test are strongly correlated with each other.

Understand the significance of locus of control in coping mechanisms and mental health.

Examine the relationship between academic achievement and locus of control.

Investigate the relationship between locus of control, health behavior, and general well-being.

Understand the factors influencing the imitation of aggressive acts and the relationship between viewing aggression and acting aggressively.

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Definitions:

Externality

A consequence of an economic activity that is experienced by unrelated third parties.

Externalities

Economic impacts on bystanders not directly engaged, with potential for both positive and negative outcomes.

Transaction Costs

The expenses incurred when buying or selling goods and services, which can include fees, commissions, and the costs of the time and effort involved in making the transaction.

Coase Theorem

A principle stating that if trade in an externality is possible and there are no transaction costs, bargaining will lead to an efficient outcome regardless of the initial allocation of property rights.