A statistical test that explores relationships among data. The test explores which variables in a data set are most related to each other. In a carefully constructed survey, for example, factor analys [..]

A body of statistical techniques concerned with the study of interrelationships among a set of variables, none of which is given the special status of a criterion variable.

A statistical technique used to determine the number of components in a set of data.  These components are then named according to their characteristics allowing a researcher to break down information [..]

Definition Statistical technique that can uncover relationship patterns underlying hundreds of interacting phenomenon such as changes in interest rates, inflation, and/or oil prices. Used in fields as [..]

is the mathematical process during which a larger set of variables is reduced to better accommodate the experimental design to a smaller group of variables which are then actively reported.

Okay, we know how most students feel about statistics, so we will make this as quick and painless as possible. Factor analysis is a type of statistical procedure that is conducted to identify clusters [..]

A multivariate quantitative technique used to summarize the main patterns in a complex set of data. Technically very similar to principal components analysis. See factorial ecology.

An exploratory form of multivariate analysis that takes a large number of variables or objects and aims to identify a small number of factors that explain the interrelations among the variables or obj [..]

A procedure that provides an explanation of the relationships among variables in terms of a smaller number of unobserved variables called factors.

A procedure that provides an explanation of the relationships among variables in terms of a smaller number of unobserved variables called factors.

A set of statistical methods for analyzing the correlations among several variables in order to estimate the number of fundamental dimensions that underlie the observed data and to describe and measur [..]

A set of statistical methods for analyzing the correlations among several variables in order to estimate the number of fundamental dimensions that underlie the observed data and to describe and measur [..]

A multivariate statistical technique which assesses the degree of variation between artifact types, and is based on a matrix of correlation coefficients which measure the relative association between [..]

Factor analysis is a branch of analysis of variance used to investigate the structure of a data set. Consider a data set xij resulting from the observation ...

A statistical technique to simplify data by reducing a set of variables to a smaller set of Factors

The main applications of factor analytic techniques are: (1) to reduce the number of variables and (2) to detect structure in the relationships between variables, that is to classify variables. Theref [..]

A statistical procedure that seeks to explain a certain phenomenon, such as the return on a common stock, in terms of the behavior of a set of predictive factors.