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:

Operating

Pertains to the day-to-day running or functioning of businesses, systems, or machines.

Output

The quantity of goods or services produced in a given period by a firm, industry, or country.

Monopolies

Market situations where a single supplier dominates the supply of a particular good or service, limiting competition and potentially leading to higher prices and reduced innovation.

Entire Industry Supply

The total quantity of a specific good or service that is available to consumers from all producers in a particular industry.