What is the variance of the first component

Assignment Help Basic Statistics
Reference no: EM13947745

Six variables measured on 100 genuine and 100 counterfeit old Swiss Franc bank notes. The following six variables were measured: Length of the bank note (X1); Height of the bank note measured on the left (X2); Height of the bank note measured on the right (X3); Distance of inner frame to the lower border (X4); Distance of inner frame to the upper border (X5); Length of the diagonal (X6). The type of bank note was also recorded (X7) as "Genuine" or "Counterfeit."
Explain the following using SPSS.

a) How many components do you need to adequately describe the data in X1 to X6? Explain why.

b) What is the variance of the first component? How much of the total variation in the data (X1 to X6) is accounted for by the first component?

c) Display the loadings of the first two components. Explain clearly what they tell you about the relationship between the original variables (X1 to X6) and the first two components.

d) Use a graphical display to compare the first component scores of the genuine and counterfeit bank notes. Do you find any pattern? Explain

Attachment:- bank.xlsx

Reference no: EM13947745

Questions Cloud

Compute the total cost of balfours current inventory policy : Compute the annual ordering cost. Compute the annual carrying cost. Compute the total cost of Balfour's current inventory policy.
What amount of gain or loss would be reported : What amount of gain or loss would be reported in its translated income statement? D. $1,090
Implement effective procurement and supply : The opportunities for the procurement and supply function to create savings or efficiencies or other sources of added value and how the profile of the function can be improved
What the command does, how it could be used : Examples I can use in a UNIX machine
What is the variance of the first component : Display the loadings of the first two components. Explain clearly what they tell you about the relationship between the original variables (X1 to X6) and the first two components.
Compute basic and diluted eps : Assume the same facts as for part 1), except that the 60 bonds were issued on September 1, 20x1 (rather than 20x0), and none of them was converted. Compute basic and diluted EPS for 20x1.
How did the computer find this web server''s ip address : I entered 'www.cybercrime.com' in my web browser and the web site comes up on my computer. How did the computer find this web server's IP address?
What is the margin of error in this confidence interval : Determine a 95% confidence interval for the mean battery lifetime assuming the population standard deviation is not known. Interpret it. What is the margin of error in this confidence interval?
What is the dark side of self esteem : What is the dark side of self-esteem? What impact does low self-esteem have on behavior?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd