business analytics assignment-sajitha
TRANSCRIPT
-
7/24/2019 Business Analytics Assignment-sajitha
1/17
BUSINESS ANALYTICS ASSIGNMENTRE-TEST
Submitted by: Sajitha Nair
Roll no: 2014A53
INDEX
QUESTION 1:...............................................................................................1
Analysis:.................................................................................................1
Step 1:.................................................................................................1
Step 2:.................................................................................................1
Step : !MO an" Ba#tlett$s Test...................................................................2
-
7/24/2019 Business Analytics Assignment-sajitha
2/17
Step %: C&''(nalities.............................................................................
Step ): T& "ete#'ine n('*e# &+ ,&'p&nents..................................................
Step -: T& "ete#'ine a#ia*les in ea,/ ,&'p&nent...........................................)
Step 0: T& ,/e, t/e #elia*ility &+ ea,/ ,&'p&nent...........................................-
Step : 3e'&e ,&'p&nent an" ,&'p&nent % as t/ey a#e n&t si4ni+i,ant..............
Step 5:.................................................................................................5
Step 16: C/e, 3elia*ility &+ ea,/ ,&'p&nent...............................................16
QUESTION 2:..............................................................................................12
ANALYSIS:...............................................................................................12
Bl&, 1: Met/&" 7 Ba,8a#" Step8ise 9Lieli/&&" 3ati&.....................................12
T/e 3e4#essi&n E;(ati&n.............................................................................10
QUESTION 1:A music frm has collected data on music preerences o 1500 respondents. The data are in
the fle music.sav. The music preerences cover a broad range o categories (look at thevariables in the fle). The music frm wants a broad segmentation o the music preerences
o a actor anal!sis to ascertain the actor structure o the data. "hat are the segments
!ou can identi!# "rite down the table o actor loadings.
Analysis:
Step 1:$pen the music.sav fle on the %&%% platorm. The fle contains music preerences o
respondants or 'igband usic 'luegrass usic *ountr! "estern usic 'lues or + , '
usic 'roadwa!s usicals *lassical usic -olk usic $pera +ap usic and eav!
etal usic. A likert / point scale is used or the surve!.
-
7/24/2019 Business Analytics Assignment-sajitha
3/17
Step 2:Anal!e imension +eduction -actor
%elect all the music bands into variable list.
nder escriptives $ption select
*oe2icients
Anti34mage
$ and 'artlett6s test o sphericit!
nder 78traction $ption select
%cree &lot
nder +otation select
9arima8
nder %cores select
%ave as 9ariables
nder $ptions select %orted b! sie
+un the anal!sis
Step : !MO an" Ba#tlett$s Test
aiser3e!er3$lkin easure o %ampling Ade:uac! 3 This measure varies between 0 and 1
and values closer to 1 are better. A value o .5 is a suggested minimum.
ere $ ; 0. ? 0.5 thereore signifcant
'artlett@s Test o %phericit!
Bull !pothesis states that the correlation matri8 is an identit! matri8.
-
7/24/2019 Business Analytics Assignment-sajitha
4/17
ere %ig. ; .000 C0.05
"e reDect the null h!pothesis.
Taken together $ and 'artlett6s Test sa!s that the data is signifcant or actor anal!sis
Step %: C&''(nalities
The values in this *ommunalities column indicate the proportion o each variable@s varianc
that can be e8plained b! the retained actors. 9ariables with high values are well
represented in the common actor space while variables with low values are not well
represented.
inimum *riteriaE The e8traction value or each variable F 0.5
ere all actors have signifcant loading since the e8traction value or each variable F 0.5
Step ): T& "ete#'ine n('*e# &+ ,&'p&nents
-
7/24/2019 Business Analytics Assignment-sajitha
5/17
The initial number o components is the same as the number o variables used in the acto
anal!sis. owever not all 11 components will be retained.
ere each variable has a variance o 1 and the frst component will account or variance o
G.H
-
7/24/2019 Business Analytics Assignment-sajitha
6/17
Step -: T& "ete#'ine a#ia*les in ea,/ ,&'p&nent
ere we w
consider
rotated
component
matri8because in
this case 9arima
+otation
tries to
ma8imie th
variance o
each o the
actors so
the total amoun
o varianceaccounted
or is redistributed over the
our e8tracted actors.
*omponent 1E *lassical usic $pera 'roadwa! usicals -olk usic 'ig 'and usic
*omponent HE 'lues or + , ' usic La usic
*omponent GE *ountr! "estern usic 'luegrass usic
*omponent =E eav! etal usic +ap usic
Step 0: T& ,/e, t/e #elia*ility &+ ea,/ ,&'p&nentAnal!e %cale +eliabilit! Anal!sis
4n %tatistics select
%cale i 4tem deleted
*riteriaE
*ronbach alpha is the measure o internal consistenc! that is how closel! related set o
items are in group
inimum *riteriaE *ronbach6s alpha F 0.