Principal component analysis describes _____.
A) a method for identifying the variables in multidimensional scaling
B) a method for identifying the variables in path analysis
C) a method for reducing the number of variables in a factor analysis
D) a method for reducing the number of variables in conjoint analysis
E) None of the above

Question

Quizplus · Accepted Answer

Principal component analysis is a method for reducing the number of variables in a factor analysis. It identifies the underlying factors or components that explain the majority of the variance in the data and combines them into new, independent variables.

Principal Component Analysis Describes _____