Vertical Analysis Is One Means of Analyzing Change Over Time

question 72

True/False

Vertical analysis is one means of analyzing change over time.
BT: Knowledge

---

Definitions:

Confirmatory Factor Analysis (CFA)

A statistical technique used to test the hypothesis that a relationship between observed variables and their underlying latent constructs exists.

Cross-validation

A statistical method used to estimate the performance of a model by partitioning the data into subsets, training the model on one subset, and validating it on another.

Factor Analysis

A statistical method used to identify underlying variables, or factors, that explain the pattern of correlations within a set of observed variables.

Psychological Constructs

Abstract entities used to describe and explain emotions, attitudes, intelligence, and other psychological phenomena.