A Scree Plot in Factor Analysis Is a Plot Of

question 3

Multiple Choice

A scree plot in factor analysis is a plot of:

• A)The factor loadings of each variable (Y-axis) onto each factor (X-axis).
• B)The correlations between variables.
• C)The regression coefficient of each variable (X-axis) with each factor (Y-axis).
• D)Each eigenvalue (Y-axis) against the factor with which it is associated (X-axis).

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Definitions:

Used Clothing

Pre-owned garments that have been worn previously and are often resold or donated, playing a significant role in sustainable consumption and the circular economy.

Fur Coats

Luxurious outer garments made from the fur of animals, often considered a symbol of status and opulence.

Normal Goods

Goods whose demand increases when consumer income rises, and falls when consumer income decreases.

Consumer Incomes

The total amount of income earned by consumers, influencing their spending patterns and demand for goods and services.