In Factor Analysis,the Most Common Decision Is to Retain the Number

question 22

Short Answer

In factor analysis,the most common decision is to retain the number of factors that display an eigenvalue of at least ____________________.

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Definitions:

Private Investment

The expenditure by businesses on capital goods, such as machinery and buildings, and changes in inventories.

Crowding-Out Effect

A situation where increased government spending leads to a reduction in private sector investment.

Fiscal Policy

The use of government spending and taxation to influence the economy.

Consumption Demand

The desire and ability of consumers to purchase goods and services in an economy, determining the overall level of consumption.