A Problem in Developing a Scale Is in Weighting the Variables

question 51

Multiple Choice

A problem in developing a scale is in weighting the variables being combined in the scale._______________ can do this by using the _______________ as the weights.

• A) factor analysis, factor loadings
• B) cluster analysis, centroid distances
• C) multiple regression, coefficients of the regression
• D) discriminant analysis, coefficients of the DF

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Definitions:

Imports

Products or services imported into a country from another for the purpose of selling or utilization.

Net Exports

The value of a country's total exports minus the value of its total imports, measuring the net income from foreign investments.

GDP

Gross Domestic Product, a measure of the economic performance of a nation, representing the total value of all goods and services produced over a specific time period.

Imports

are goods and services brought into one country from another for the purpose of trade or sale, contributing to a country's supply of products not locally produced.