Partial Least Squares (PLS)is Only Able to Provide Reliable Results

question 64

True/False

Partial least squares (PLS)is only able to provide reliable results when there is large amounts of data.

---

Definitions:

Satisfaction

The feeling of pleasure or fulfillment that comes from achieving a goal or satisfying a need.

Marginal Utility

The increase in satisfaction or utility derived from the consumption of an additional unit of a good or service.

Utility-Maximizing

A theoretical concept in economics that individuals or firms seek to achieve the greatest satisfaction or profit from their actions, subject to their resources.

Price

The amount of money expected, required, or given in payment for something.