The scree plot, such as the one used in Q1, represents a plot of?
A) Each factor against its eigenvalue.
B) The factor loadings of each variable onto each factor.
C) The correlations between variables.
D) The regression coefficient of each variable with each factor.

Question

Quizplus · Accepted Answer

The scree plot represents a plot of each factor against its eigenvalue, showing the amount of variation in the data explained by each factor.

The Scree Plot, Such as the One Used in Q1