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Definition of Factor analysis
1. Noun. Any of several methods for reducing correlational data to a smaller number of dimensions or factors; beginning with a correlation matrix a small number of components or factors are extracted that are regarded as the basic variables that account for the interrelations observed in the data.
Category relationships: Statistics
Generic synonyms: Correlational Analysis
Derivative terms: Factor Analytical, Factor Analyze
Generic synonyms: Correlational Analysis
Derivative terms: Factor Analytical, Factor Analyze