Who Was the Inventor of the Statistical Technique Called Factor

question 14

Multiple Choice

Who was the inventor of the statistical technique called factor analysis,a method that compares results of different correlational measures to identify patterns,or "factors," among them?

• A)Alfred Binet
• B)Henri Simon
• C)Sir Francis Galton
• D)Charles Spearman

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Property Rights

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Marginal Cost

The financial increase due to the production of an extra product or service unit.

Artificially Scarce Good

A product or service whose availability is restricted through patents, copyrights, or other legal means, rather than by the limits of physical scarcity.

Pigouvian Tax

A tax imposed on activities that generate negative externalities, intended to correct an inefficient market outcome by internalizing the external costs.