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Location Selection Method: Factor Analysis A medical center would like to establish a satellite clinic to provide medical care for residents living in recently developed

image text in transcribedimage text in transcribed Location Selection Method: Factor Analysis A medical center would like to establish a satellite clinic to provide medical care for residents living in recently developed suburbs. Four potential sites are under consideration. Land acquisition, building, and equipment costs have been evaluated, as have population, education level, median household income, and percentage insured. As can be observed from the following table, the factors are reported in different measurement units (metric), so they must be either converted to the same metric or analyzed usingother methods, such as the multi-attribute procedures. Location Selection Method: Factor Analysis A medical center would like to establish a satellite clinic to provide medical care for residents living in recently developed suburbs. Four potential sites are under consideration. Land acquisition, building, and equipment costs have been evaluated, as have population, education level, median household income, and percentage insured. As can be observed from the following table, the factors are reported in different measurement units (metric), so they must be either converted to the same metric or analyzed usingother methods, such as the multi-attribute procedures

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