menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Exploring Marketing Research
  4. Exam
    Exam 21: Multivariate Data Analysis: Analytics With Interdependence Techniques
  5. Question
    Which Method Is Commonly Used to Reduce the Number of Variables
Solved

Which Method Is Commonly Used to Reduce the Number of Variables

Question 51

Question 51

Multiple Choice

Which method is commonly used to reduce the number of variables that need to be included in a regression analysis?


A) logistic regression
B) ordinary least squares
C) bootstrapping
D) factor analysis

Correct Answer:

verifed

Verified

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

Related Questions

Q46: Which of the following is an example

Q47: In a big data environment,data _ is

Q48: A mathematical way of simplifying factor results

Q49: A factor is an underlying dimension that

Q50: A scree plot graphs eigenvalues against the

Q52: Cluster analysis seeks to put observations with

Q53: Cluster analysis is an important tool for

Q54: A number of observations sharing characteristics associated

Q55: The first step in cluster analysis is

Q56: An individual respondent's scores on each individual

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