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What Is Factor Analysis?

Answer»

A statistical METHOD USED in social and behavioral sciences to REDUCE variables in a variable SET by combining two or more variables into a single factor. Factor ANALYSIS assumes that data on different attributes can be reduced to a limited number of dimensions as the attributes may be interdependent.

A statistical method used in social and behavioral sciences to reduce variables in a variable set by combining two or more variables into a single factor. Factor analysis assumes that data on different attributes can be reduced to a limited number of dimensions as the attributes may be interdependent.



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