Question: Based on the following scree plot, how many components should be extracted using the scree plot criterion? Now, based on the three criteria, work toward
Based on the following scree plot, how many components should be extracted using the scree plot criterion? Now, based on the three criteria, work toward a decision on the number of components to extract. Scree plot Component number 1 2 3 4 5 6 7 8 9 10 11 Eigenvalue 1.1 1.0 0.9
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