Research Methodology · Data Analysis Techniques
Identify the correct statements related to factor analysis: (A) Factor analysis may be R-type factor analysis. (B) Factor analysis may be Q-type factor analysis. (C) Factor analysis is not useful when we want to condense and simplify multivariate data. (D) Factor analysis is not useful in the context of empirical clustering of products, media, or people. (E) Factor analysis can reveal latent factors. Choose the correct answer from the options given below:
- 1(A), (B) and (C) only
- 2(C), (D) and (E) only
- 3(B), (C) and (D) only
- 4(A), (B) and (E) only✓
Correct answer
(A), (B) and (E) only
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