menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Marketing Research
  4. Exam
    Exam 20: Discriminant, Factor and Cluster Analysis
  5. Question
    The Percent of Variance Explained Is a Summary Measurement Indicating
Solved

The Percent of Variance Explained Is a Summary Measurement Indicating

Question 6

Question 6

True/False

The percent of variance explained is a summary measurement indicating how much of the total original variance of all the respondents is represented by the factor.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: In both principal components analysis and varimax

Q2: One rule of thumb in deciding on

Q3: If the primary purpose is data reduction

Q4: Communality is the percent of a variable's

Q5: Factor loadings and correlations are identical if

Q7: While analyzing and interpreting consumer perception data

Q8: Regression and Discriminant analyses are computationally similar

Q9: In the hierarchical approach, the commonly used

Q10: Rotation of factors changes the interpretation of

Q11: The analysis technique used to identify variables

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines