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.

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