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Factor analysis
A method of quantitative multivariate analysis with the goal of representing the interrelationships among a set of continuously measured variables (usually represented by their intercorrelations) by a number of underlying, linearly independent reference variables called factors. Although the term factor analysis has come to represent a family of analysis methods, the two most commonly used approaches are the full component model, in which the entire variance of the variables (represented by unities inserted in the principal diagonal of the correlation matrix) is analyzed, and the common factor model, in which the proportion of the variance that is accounted for by the common factors (represented by communality estimates inserted in the principal diagonal) is analyzed.
- Part of Speech: noun
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- Industry/Domain: Science
- Category: General science
- Company: McGraw-Hill
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