One of the Most Widely Used Tools for Assigning Observations

question 15

Multiple Choice

One of the most widely used tools for assigning observations to groups in cluster analysis is ____.

• A)cross-loadings
• B)K-means
• C)promax
• D)latent construct

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Definitions:

Traceable Fixed Expense

Fixed costs that can be directly linked to a specific segment of a business, like a product line or department.

Price Increase

An adjustment made to the selling price of goods or services, often due to factors such as inflation, increased costs of production, or improvements in quality.

Percentage Change

A mathematical calculation that shows how much a quantity has increased or decreased as a proportion of its previous value.

Unit Sales

The quantity of items sold by a company, not taking into account the revenue from these sales.