Question: Factor analysis is to find a few underlying variables from a data set that includes a certain number of observed variables. True or False In

Factor analysis is to find a few underlying variables from a data set that includes a certain number of observed variables. True or False

In a factor analysis, the size of a data sample should be larger than the number of the variables in the given data. True or False

An exploratory factor analysis focuses on finding the most likely factor structure for the relationships among a set of variables without any pre-established theory.True or False

In a factor analysis process, a so-called "Scree Plot" is used to determine an optimal number of factors given a set of data. True or False

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