The _____ Represents the Proportion of Total Variance in All

question 57

Multiple Choice

The _____ represents the proportion of total variance in all the variables that is accounted for by a factor.

• A) eigenvalue
• B) percentage of variance
• C) residual
• D) marginal
• E) principal component

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Definitions:

Ultimate Consumers

The end users of a product or service, typically individuals who purchase for personal use rather than for resale or manufacturing.

Organizational Buyers

Entities such as businesses, governments, and institutions that purchase goods and services for organizational use, not for personal consumption.

Industrial Market

The market for goods and services that are purchased for use in the production of other products or for resale within industries and businesses.

Mining Companies

Businesses involved in the extraction of minerals, metals, and other geological materials from the earth, which are then used in a variety of industries and products.