A famous bike manufacturing company wants to update the on-road prices for two new lunched bikes with latest specifications. Ex-showroom quotes are available for a duration of four months for the same. The company fetched the corresponding market data given below; Month 1 Month 2 Month 3 Month 4 Ex-showroom quotation rates for 4. 8 13 first bike Ex-showroom quotation rates for 11 4. 14 second bike Perform a prineipal component analysis (PCA) on the given data in order to significantly contribute to the risk management of the company's portfolio.

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 8P
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A famous bike manufacturing company wants to update the on-road prices for
two new lunched bikes with latest specifications. Ex-showroom quotes are
available for a duration of four months for the same. The company fetched the
corresponding market data given below;
Month 1
Month 2
Month 3
Month 4
Ex-showroom
quotation
rates for
4
8
13
first bike
Ex-showroom
quotation
11
4
14
rates for
second bike
Perform a prineipal component analysis (PCA) on the given data in order to
significantly contribute to the risk management of the company's portfolio.
Transcribed Image Text:A famous bike manufacturing company wants to update the on-road prices for two new lunched bikes with latest specifications. Ex-showroom quotes are available for a duration of four months for the same. The company fetched the corresponding market data given below; Month 1 Month 2 Month 3 Month 4 Ex-showroom quotation rates for 4 8 13 first bike Ex-showroom quotation 11 4 14 rates for second bike Perform a prineipal component analysis (PCA) on the given data in order to significantly contribute to the risk management of the company's portfolio.
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