Question

How many types of factors?

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Answer 1

Answer:

There are mainly three types of factor analysis that are used for different kinds of market research and analysis. Exploratory factor analysis is used to measure the underlying factors that affect the variables in a data structure without setting any predefined structure to the outcome.

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Answer 2

Answer:

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There are mainly three types of factor analysis that are used for different kinds of market research and analysis. Exploratory factor analysis is used to measure the underlying factors that affect the variables in a data structure without setting any predefined structure to the outcome.