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What is Multivariate Analysis Techniques Explained about?

1. Factor analysis guidelines include extracting factors that explain 70-90% of the total variance and having an easy interpretation. 2. Canonical correlation analysis quantifies the association between dependent and independent variables. It is difficult to interpret and useless if there is zero correlation. 3. The factor loading matrix is used to interpret factors by identifying variables with high loadings (±1) on a factor and variables with small loadings that may load highly on another factor.

Author

hanhele

Language

EN