Which of the Following Would You Not Do or Use

question 1

Multiple Choice

Which of the following would you not do or use when deciding how many factors to retain from an exploratory factor analysis?

• A) Select the number of factors with eigenvalues of 1.00 or higher.
• B) Examine a scree plot of eigenvalues plotted against the factor numbers.
• C) Disregard any high communalities.
• D) Analyse increasing numbers of factors, and stop when all non-trivial variance is accounted for.

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Definitions:

Break Even

The point at which total costs and total revenue are equal, meaning that a business or investment is neither making a profit nor a loss.

Fixed Costs

Fixed costs are business expenses that do not change regardless of the level of goods or services produced, such as rent, salaries, and insurance premiums.

Total Revenue

The total amount of money generated by a company from its business activities, such as sales of goods or services, before any expenses are subtracted.

Mass Customization

A manufacturing approach that allows for the personalization of products to meet individual customer needs at near mass production prices.