Which technique is useful for discovering patterns among the variables in order to determine if an underlying combination of the original variables can summarize the original set?
A) Multidimensional scaling
B) Factor analysis
C) Conjoint analysis
D) Discriminant analysis
E) MANOVA

Question

Quizplus · Accepted Answer

Factor analysis is the technique used for discovering patterns among the variables. It helps to determine if an underlying combination of the original variables can summarize the original set.

Which Technique Is Useful for Discovering Patterns Among the Variables