Suppose a dataset has 3 variables, X₁, X₂ and X3. Each variable is standardized and a principal component analysis is then carried out using the standardized data. (a) Write down the total variance that would result. Justify your answer. (b) Suppose that Kaiser's criterion indicates 2 components should be retained. Write down variances for each of the 3 components that would be compatible with this observation. (c) Sketch a scree plot that indicates only one of the 3 components should be retained. (Note the corresponding variances for the components need not match those you give in part (b).)
Suppose a dataset has 3 variables, X₁, X₂ and X3. Each variable is standardized and a principal component analysis is then carried out using the standardized data. (a) Write down the total variance that would result. Justify your answer. (b) Suppose that Kaiser's criterion indicates 2 components should be retained. Write down variances for each of the 3 components that would be compatible with this observation. (c) Sketch a scree plot that indicates only one of the 3 components should be retained. (Note the corresponding variances for the components need not match those you give in part (b).)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

Transcribed Image Text:Suppose a dataset has 3 variables, X₁, X₂ and X3. Each variable is standardized and a principal
component analysis is then carried out using the standardized data.
(a) Write down the total variance that would result. Justify your answer.
(b)
Suppose that Kaiser's criterion indicates 2 components should be retained. Write down
variances for each of the 3 components that would be compatible with this observation.
(c)
Sketch a scree plot that indicates only one of the 3 components should be retained. (Note the
corresponding variances for the components need not match those you give in part (b).)
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps

Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman