factor analysis is an important concept in data analysis? how please elaborate this with suitable arguments to describe the technique.
Answers
Answered by
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
0
Step-by-step explanation:
factor analysis is an important part of data analysis
Similar questions