Math, asked by as2865735, 2 months ago

factor analysis is an important concept in data analysis? how please elaborate this with suitable arguments to describe the technique.​

Answers

Answered by craftwithvara
1

Answer:

Factor analysis is a technique that is used to reduce a large number of variables into fewer numbers of factors. This technique extracts maximum common variance from all variables and puts them into a common score. As an index of all variables, we can use this score for further analysis.

Answered by drishtiarora261
0

Step-by-step explanation:

factor analysis is an important part of data analysis

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