bn:00032664n
Noun Concept
Categories: Product management, Latent variable models, Factor analysis, Market research, Market segmentation
EN
factor analysis  factor analyses  Factor Analysis, Statistical  factor analytic  factor loading
EN
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 WordNet 3.0
English:
in marketing
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EN
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 WordNet 3.0 & Open English WordNet
Factor analysis is a statistical method used to describe variability among observed, correlated variables in terms of a potentially lower number of unobserved variables called factors. Wikipedia
A statistical method Wikipedia Disambiguation
Statistical method used to describe correlation through fewer possibly latent variables Wikidata
A statistical technique reducing large data sets to the smallest number of factors required to explain the pattern of relationships in the data. OmegaWiki
A statistical method used to describe variability among observed correlated variables in terms of one or more unobserved variables (called factors). Wiktionary