A researcher has 57 variables in a large dataset and wishes to summarize the information from them into a reduced set of variables.Which multivariate technique should be used?
A)factor analysis
B)multidimensional scaling
C)logit analysis
D)regression analysis

Question

Quizplus · Accepted Answer

Factor analysis is used to reduce a large number of variables into a smaller set of underlying factors, summarizing the information contained in the original variables.

A Researcher Has 57 Variables in a Large Dataset and Wishes