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Using the following scree plot, determine the minimum number of principal components that are needed to explain at least 80% of the variance of the original dataset. | Using the following scree plot, determine the minimum number of principal components that are needed to explain at least 80% of the variance of the original dataset. | ||
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Latest revision as of 23:55, 25 May 2023
Using the following scree plot, determine the minimum number of principal components that are needed to explain at least 80% of the variance of the original dataset.
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- It cannot be determined from the information given.
Copyright 2023. The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.