_______ is a statistical technique that reduces a large number of measures to a smaller number of clusters, with variables within clusters being highly related with one another, but variables across clusters being much less so.
A)Correlational analysis
B)Factor analysis
C)Cluster analysis
D)Confirmation analysis

Question

Quizplus · Accepted Answer

Factor analysis is a statistical method used to describe variability among observed, correlated variables in terms of a potentially lower number of unobserved variables called factors. It aims to identify underlying relationships between variables, reducing the number of variables to a smaller set of factors.

_______ Is a Statistical Technique That Reduces a Large Number