Oscar Is Conducting a Factor Analysis on a Set of Personality

question 43

Multiple Choice

Oscar is conducting a factor analysis on a set of personality traits; this means that he is most likely attempting to

• A) assess the degree of difficulty for each trait.
• B) determine which items tap into similar traits.
• C) identify the age-group for which the traits are most appropriate.
• D) create a test of intelligence.

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Definitions:

Investor

An individual or organization that commits money to investment products with the expectation of achieving a profit.

Company

An organized entity formed for the purpose of conducting business, which may involve selling goods or services.

IPO

Initial Public Offering, the process by which a private company becomes publicly traded by offering its shares to the public for the first time.

Open Market

A system or environment where goods, services, and financial instruments are traded freely between participants without significant restrictions.