Factor analysis:
A) provides a way to analyze qualitative data.
B) is useful only when dealing with self-reports.
C) represents a technique for identifying underlying dimensions.
D) directs you to collect data of a certain type.

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 helps in identifying the underlying dimensions or factors that explain the correlations among variables.

Factor Analysis