Factor Analysis – Statswork

The analysis of variance is not a mathematical theorem, but rather a convenient method of arranging the arithmetic.- Ronald Fisher The inexpensive Factor Analysis is a prominent statistical tool to identify a lot of underlying dormant factors. For more than…

Factor Analysis - Statswork

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The analysis of variance is not a mathematical theorem, but rather a convenient method of arranging the arithmetic.- Ronald Fisher
The inexpensive Factor Analysis is a prominent statistical tool to identify a lot of underlying dormant factors. For more than a century it is used in psychology and also in a wide variety of situations.
Many social scientists are seeking the help of factor analysis to uncover major social and international patterns when confronted with
• Entangled behavior
• Unknown interdependencies
• Masses of qualitative and quantitative variables
• Big data

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