Other Definitions
factor analysis (enc)
Factor Analysis
Noun
1.
factor analysis
- any of several methods for reducing correlational data to a smaller number of dimensions or factors; beginning with a correlation matrix a small number of components or factors are extracted that are regarded as the basic variable that account for the interrelations observed in the data
statistics
- a branch of applied mathematics concerned with the collection and interpretation of quantitative data and the use of probability theory to estimate population parameters
correlational analysis
- the use of statistical correlation to evaluate the strength of the relations between variables
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