Which of the Following Is True of Factor Scores

question 11

Multiple Choice

Which of the following is true of factor scores?

• A)Factor scores can be used to assess how each variable correlates to each factor.
• B)Factor scores quantify the correlation between factors.
• C)Factor scores can be used to overcome collinearity problems.
• D)Factor scores can be used to overcome sphericity.

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Definitions:

Opportunity Cost

The benefit lost when one decision is made over another, effectively the cost of forgoing the next best alternative.

Park Construction

The process of designing, planning, and building an area of land with recreational facilities, natural elements, and landscaping intended for public use.

Necessary Increase

An essential rise in quantity or capacity required to meet a specific need or to maintain equilibrium.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision, representing the potential benefits missed out on.