The Amount of Variance a Variable Shares with All Other

question 26

Multiple Choice

The amount of variance a variable shares with all other variables included in the factor analysis is referred to as _____.

• A) communality
• B) total variance
• C) shared variance
• D) percentage of variance
• E) eigenvalue

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Definitions:

Fixed Cost

Costs that do not change with the level of output produced by a firm.

Lawn-mowing

The action of cutting the grass in a yard or garden using a lawn mower, often considered a routine maintenance task or a service industry.

Variable Costs

Expenses that change in proportion to the activity of a business such as costs for raw materials or production labor.

Snow-clearing

The process of removing snow and ice from outdoor surfaces, primarily roads and pavements, to ensure safe passage for vehicles and pedestrians.