factor analysis

Noun
  1. 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 (synset 106039726)
    referred to in: statistics - a branch of applied mathematics concerned with the collection and interpretation of quantitative data and the use of probability theory to estimate population parameters
    is a type of: correlational analysis - the use of statistical correlation to evaluate the strength of the relations between variables

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