PRINCIPAL COMPONENT ANALYSIS/ FACTOR ANALYSIS USING SPSS SOFTWARE
TAKEAWAY FROM THE WORKSHOP:
KMO AND BARTLETT'S TEST: Learn to identify the suitability of your data for structure detection.
SCREE PLOT: Learn how to determine the number of factors to retain in PCA.
EIGEN VALUES: Learn how to understand the variance through eigen values.
DIMENSION REDUCTION: Learn the statistical technique of reducing the number of random variables in a problem by obtaining a set of principal variables.