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Factor Analysis

   Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Factor analysis
A statistical procedure that seeks to explain a certain phenomenon, such as the return on a common stock, in terms of the behavior of a set of predictive factors.

Factor Analysis
The analysis of seemingly unrelated phenomena and their disparate and combined effect on an investment. Factor analysis takes a large number of dependent variables and seeks to isolate the independent variables determining them. Isolating the independent variables (called factors in this context) helps reduce the number of variables that the analyst must study in order to make accurate statements and predictions about the direction of an investment.


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They focus on the use of SPSS, a computer package for data analyses; provide an overview of the program and basic statistical concepts; and cover descriptive statistics, comparing means, ANOVA, correlation analysis, multiple and logistics regression, factor analysis and testing scale reliability, and advanced data handling, illustrating the use of SPSS through examples using version 16.
Exploratory Factor Analysis Principal component analysis (PCA) was performed on group A (N=86) to investigate the factor structure of the scale.
Topics include meta- analysis, the role of effect size and power as alternatives to significance testing, factor analysis, logistic regression, cluster analysis, and discriminant analysis, some of which are included in the advanced section of the book on the companion website.
 
 
 
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