Factor Analysis Factor analysis (FA) is a method for identifying a structure (factors, dimensions) that underlies the relationship among a set of observed variables. Factor analysis is a technique that transforms the correlations among a set of observed variables into a smaller number of underlying factors that capture all the essential information about the linear relationships among the original test scores. Application of Factor Analysis…

Factor analysis (FA) is a method for identifying a structure (factors, dimensions) that underlies the relationship among a set of observed variables.
#statistics #multivariatestatistics #FactorAnalysisFA #statisticsmcqs #multivariatequiz #dataanalysis #DataAnalytics #Learnonlinestatistics #StatQuiz

The entire episode was great, but my favorite part was the #principalcomponents plot. #multivariatestatistics