A Principle Component Can Be Defined As $$z = b _ { 1 } X _ { 1 } + b _ { 2 } X _ { 2 } + \ldots + b _ { m } X _ { m }$$

question 23

Multiple Choice

A principle component can be defined as
$$z = b _ { 1 } X _ { 1 } + b _ { 2 } X _ { 2 } + \ldots + b _ { m } X _ { m }$$
Where the b values

• A) explain as much variance in the correlation matrix as possible
• B) maximize
• C) minimize
• D) are orthogonal

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Definitions:

FOH Volume Variance

A measure of the difference between the budgeted and actual overhead costs, attributable to changes in the volume of production.

FOH Budget Variance

The difference between the actual factory overhead costs incurred and the overhead costs budgeted for a specific period.

Cost of Goods Sold

The total cost directly associated with producing the goods sold by a company, including materials and labor.

PP&E (Net)

The net value of a company's Property, Plant, and Equipment after accounting for depreciation and amortization, representing the tangible assets used in operations.