Factor Analysis - Statswork
The analysis of variance is not a mathematical theorem, but rather a convenient method of arranging the arithmetic.- Ronald Fisheru2022tThere exists a linear relationship. u2022tThere is no multicollinearity. u2022tIncludes relevant variables into the analysis u2022tNo true correlation between variables and factors. Many social scientists are seeking the help of factor analysis to uncover major social and international patterns when confronted with u2022tEntangled behavior u2022tUnknown interdependencies u2022tMasses of qualitative and quantitative variables u2022tBig data Factor analysis capabilities: Factor analysis helps to find solutions for a social scientist with capabilities like: u2022tTo simultaneously manage over hundred variables. u2022tCompensate for random error & invalidity. u2022tDisentangles complex inter-relationships into their major & distinct regularities. Factor analysis through inexpensive has its costs, including: u2022tIts mathematical complications. u2022tEntails diverse & numerous considerations in the application. u2022tStrange terms in technical vocabulary. u2022tHuge Analysis Reports covering most of the pages leaving less space for methodological introduction or explanation of terms. u2022tStudents unable to learn it in their formal learning.
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