Which Statement Is True About Correspondence Analysis

question 59

Multiple Choice

Which statement is true about correspondence analysis?

• A) An advantage over other MDS techniques is that it reduces the data collection demands put on the respondents because only interval or ratio data are obtained.
• B) A disadvantage is that between-set distances cannot be meaningfully interpreted.
• C) The interpretation of results is similar to that in chi-square analysis.
• D) All of the statements are true.

---

Definitions:

Bulk Pricing

A strategy where goods are sold at a reduced price per unit when purchased in large quantities, encouraging larger purchases by consumers or businesses.

Children's Meals

Specially designed and portioned meals for children, often featuring nutritional considerations and appealing presentations.

Demand Curve

A graph showing the relationship between the quantity of a good consumers are willing to buy and its price.

Marginal Cost

The cost incurred by producing one additional unit of the product.