For Which of the Following Reasons Would a Researcher Use

question 63

Multiple Choice

For which of the following reasons would a researcher use factor analysis?

• A) to determine if average intelligence scores for two samples differ from each other
• B) to determine the variability of intelligence test scores
• C) to determine the predictive validity of an intelligence test
• D) to determine which clusters of intelligence test items measure the same ability

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Definitions:

Accounting Period

A specific time period at the end of which an entity prepares financial statements to assess its financial performance and position.

Budgeting

The process of creating a plan to spend your money, allocating the estimated income towards various categories of expenses.

Financial Statements

Summary reports that convey the financial activities and condition of a business or individual.

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts.