6/6/2020 Weekly Quiz 3 (AS): PGPBABI.O.

OCT19 Advanced Statistics - Great Learning

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Weekly Quiz 3 (AS)

Type : Graded Quiz

Attempts : 1/1

Questions : 10

Time : 30m

Due Date : Jan 05, 11:59 PM

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Your Score : 6.00/10

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Instructions
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Attempt History
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Date Attempt Marks

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Jan 05, 11:09 AM 1 6 Hide answers

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Question No: 1 Correct Answer

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Marks: 1/1
In factor analysis, highly correlated variables converges to a
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Doesn't converge

Common concept You Selected

Different Concept

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None of the above
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6/6/2020 Weekly Quiz 3 (AS): PGPBABI.O.OCT19 Advanced Statistics - Great Learning
None of the above

Incorrect Answer
Question No: 2
Marks: 0/1

What is the limit of Factor Loadings?

1.0 You Selected

no limit

-1.0

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-1.0 to + 1.0 Correct Option

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Question No: 3 Correct Answer
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Marks: 1/1
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What helps in determining the optimal number of factors in factor analysis?

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Pie chart
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Box plot
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Scree Plot You Selected

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Bell curve
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Question No: 4 Correct Answer

Marks: 1/1
The percentage of the variance in the original variables that is captured by the system of
factor equations together is called?

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Scree Plot

Variance Summarized

Communality You Selected

Factor Loading

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Question No: 5

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Incorrect Answer

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The percentage of the initial variance associated with each factor is shown under ?
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Scree Plot
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Variance Summarized Correct Option

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Factor Score You Selected

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Question No: 6 Correct Answer

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Marks: 1/1
A good factor analysis doesn't help take appropriate decisions on market segmentation and
marketing mix
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True

False You Selected

Question No: 7 Incorrect Answer

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a s: 0/
Numerical values can be computed on each factor for the individual units by substituting the
values of the original variables or better the standard scores on the original variables in the
factor equations, what is it called?

Rotated Factor loading

Factor Scores Correct Option

Factors Loading You Selected

Unrotated factor loading

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Question No: 8

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Correct Answer

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Scree Plot shows
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Eigen Value & Factor on X axis
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Eigen Value & Factor on Y axis

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Eigen Value on Y axis & Factor on X axis You Selected

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Shows nothing
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Question No: 9 Correct Answer

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Marks: 1/1

Following table provides information on standard deviations of Principal Component Analysis

on a certain dataset. There are 15 variables in the data and PCA is run on scaled data.

PC1 PC2 PC3 PC4

Stdev 2.3 2.1 1.5 0.960

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What is the proportion of total variability explained by the 4 PCs?

48%

86% You Selected

Question No: 10 Incorrect Answer

Marks: 0/1

You have been given 9 independent variables and 1 dependent variable. You will get __

m
number of principal components

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9
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10 You Selected
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Any no. between 1-9 Correct Option

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