Factor analysis is considered a data reduction technique.

Name: Factor analysis is considered a data reduction technique.
Brand: Quizplus
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Quizplus · Accepted Answer

Factor analysis is a statistical method that helps to reduce the complexity of data by identifying patterns and relationships between variables in a dataset. It is used to identify a few underlying factors that can explain the observed patterns in the data. Therefore, factor analysis is considered a data reduction technique.

Factor Analysis Is Considered a Data Reduction Technique