For Which of the Following Reasons Can Factor Analysis Be

question 5

Multiple Choice

For which of the following reasons can factor analysis be used?

• A) To identify underlying dimensions among a set of variables
• B) To identify a smaller set of variables to replace an original set for use in subsequent multivariate analysis
• C) To identify product preferences for a specific target market
• D) To group people into one or more categories of a nominal, dependent variable
• E) Both a and b