Nobody downloaded yet

Factor Analysis: Statistics - Research Paper Example

Comments (0) Cite this document
An author of this research paper example seeks to concern the main principles of the multivariate statistical analysis process and particular technique - factor analysis. Furthermore, the paper will reveal some of the most used methodologies and useful tools in conducting such analysis…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.2% of users find it useful
Factor Analysis: Statistics Research
Read TextPreview

Extract of sample
"Factor Analysis: Statistics"

Download file to see previous pages Factor analysis is defined as a statistical system used to identify variability amongst observed, correlated variables in relations to theoretically reduce number of unobserved variables. In other words, it is possible; the variations between three or four observed variables may be reflected the in fewer unobserved variables and this may act as an example. Factor analysis looks for the common variations in response to unobserved dormant variables. The experimental variables are demonstrated as linear arrangements of the possible factors, plus "error" terms. The statistics added to the interdependencies among the experimental variables can be used later to decrease the group of variables in a dataset. This technique is equal to low rank estimate of the matrix of observed variables. Factor analysis comes from psychometrics, and is normally applied in behavioral & social sciences, product management, operations research, and other fields which have same operation with large quantities of information.This statistical technique is closely associated to principal component analysis, but they are not undistinguishable. Latent variable models, including factor analysis, uses modeling techniques to test hypotheses which is creating error terms like regression, while the principle component analysis is an imaginative statistical technique.Statistical factor analysis divides the various variables for a given ‘badly behaved’ and lower them to a ‘can be uncommon’ factors for modeling reasons....
It is therefore the most appropriate for management in negotiating this proposal to buy new business. This statistical technique is closely associated to principal component analysis (PCA), but they are not undistinguishable. Latent variable models, including factor analysis, uses modeling techniques to test hypotheses which is creating error terms like regression, while the principle component analysis (PCA) is an imaginative statistical technique. Statistical factor analysis divides the various variables for a given ‘badly behaved’ and lower them to a ‘can be uncommon’ factors for modeling reasons. These models then use statistical factor research analysis to find out the best possible progress of step for any business, established on the variables. The variables involve the macro or microeconomic subjects, which affect how your business functions. It will therefore properly aid managerial decision making process on buying the new business or not (Butler, 1993).  There are various ways and means of factor analysis and the essential mathematical theories which are somewhat complex. This technique however, has basic elements which looks incredibly simple and relatively easy to comprehend. It is useful in job satisfaction to do research designed to construct a scale of employees. Originally, an investigator collects a large set of survey on the items which are connected to job satisfaction and present them to the subject along withsome numeric or verbal scale. According to Lawler, (n.d), this form of job satisfaction contains a number of questions such as; what is the interest, however, are employee views regarding essentialmagnitudes of job satisfaction. Hence there ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Factor Analysis: Statistics Research Paper Example | Topics and Well Written Essays - 2750 words”, n.d.)
Retrieved from
(Factor Analysis: Statistics Research Paper Example | Topics and Well Written Essays - 2750 Words)
“Factor Analysis: Statistics Research Paper Example | Topics and Well Written Essays - 2750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Statistics Research Paper
...? Statistics Research Paper of the of Statistics Research Paper Introduction The eating habits of people round the globe have contributed to the increased obesity rates, Americans being at the top. Apart from previous studies that have concentrated on the impact of public policy on consumption in terms of calorie, the principal objective of this study is to discover the associations between prices of food prices and income on weight of body. Although the economic ‘Law of Demand’ proposes that an increase in price will lead to decline in the consumption of that good. Nevertheless, it is not inevitably the case that increasing the price will also slump the weight when...
10 Pages(2500 words)Research Paper
Level 3 Research Statistics
...of males and females and on skills relating to car driving. Human Psychopharmacology 7(2), pp105-114. Hindmarch I.,  Kerr J. S., and Sherwood, N., (1991). The effects of alcohol and other drugs on psychomotor performance and cognitive function. Alcohol and Alcoholism 26(1): 71-79. Howat, P.,Sleet, D., & Smith, I., 1991. Alcohol and driving: Is the 0.05% blood alcohol concentration limit justified? Drug and Alcohol Review. 10(2), pp151-166.  Mayhew, D.R., Donelson, A.C., Beirness, D.J., & Simpson, H.M., 1986.  Youth, alcohol and relative risk of crash involvement. Accident Analysis and Prevention 18(4), pp273-287. Moskowitz, H., Burns, M., 1990. Effects of alcohol on driving performance. Alcohol Health &...
5 Pages(1250 words)Assignment
Evaluation Research, Research Analysis And Ex Post Factor Hypothesizing
...?Week 4 assignment Introduction The scope of statistics involves collection of data, organization, and analysis of the collected data and subsequent interpretation for application. A systematic approach of data collection however defines research. This paper seeks to explore aspects of evaluation research, research analysis and ex post factor hypothesizing. Evaluation research, factors that makes formulation of the problem difficult and suggested solutions The role of research in science involves collection of data on a given topic in order to establish existing...
4 Pages(1000 words)Essay
Research, Statistics, and Psychology
.... It is an important branch of statistics but it holds an important place in various other field of studies. It is being used particularly in research for the analyzing and interpreting data. Various statistical methods are used for interpreting the research result (Ginsburg, 1994) Statistics is a tool used by the researchers to for the purpose of proving the practicality of their theory. It is the basis of the data analysis in a research. A research is basically a systematic process. It observes the statistics collected by the researcher to interpret the...
3 Pages(750 words)Essay
Research, Statistics, and Psychology
...? Research, Statistics and Psychology Research, Statistics and Psychology Statistics can be well-defined as the study of the gathering, analysis, explanation, society as well as the presentation of data. Statistics deals with all features of data, with the planning of data gathering in terms of the design of review as well as experimentations. In the field of scientific discipline, statistics is said to be singular, it is rather art. Due to its experiential roots as well as its stress on requests, it is typically considered as a mathematical science somewhat as a branch of mathematics. On the other hand, psychology is defined as an academic as well as applied punishment that includes the scientific study of intellectual purposes... &...
3 Pages(750 words)Essay
Research and statistics
...____________________________________________________________________ ____________________________________________________________________ ____________________________________________________________________ ____________________________________________________________________ ____________________________________________________________________ ____________________________________________________________________ ____________________________________________________________________ ____________________________________________________________________ ____________________________________________________________________ ____________________________________________________________________ A recent investigation focus has been...
6 Pages(1500 words)Essay
Research method and statistics the study do not prove it. Furthermore, the research work looks unable to mention the relationship between engagement levels and the therapeutic environment. As it is an elementary concept, it must have been interpreted while stating the hypothesis and conducing the research. Thus, it is a significant flaw in the whole research work. In addition, the researchers do not specify at all regarding the statistical instrument, which had been exercised in the study while collecting the data. It is really amazing why the authors do not feel the need of describing the basic requirements in respect of instrument selection. Furthermore, the...
8 Pages(2000 words)Essay
Statistics and Research
...Statistics and Research Two major causes of problems faced when drawing conclusions about a population from a sample are: Lack of knowledge about the research topic Small sample size 2. Descriptive Statistics is used to describe the quantitative results or summary for a given data set. On the other hand, inferential statistics is that which helps in drawing conclusions about a given data set. 3. Statistical significance implies how significantly probable are the conclusions being drawn, i.e., how high is the probability that the outcomes from a statistical test are unlikely to have occurred by chance. Practical...
2 Pages(500 words)Speech or Presentation
Multivariate Data Analysis - Factor Analysis
...Multivariate Data Analysis - Factor Analysis  Introduction: Factor analysis is defined as a preview of the relationship between different variables in a statistical study. The factor analysis helps to filter the different variables into simple factors. This factor analysis is a statistical phenomenon which determines the variable’s effect on one another. Factor analysis has developed in psychometrics and is related with factors dealing with large data’s. There are different variables that affect the marketing and productivity. These informative data analysis will reveal the company’s outline. Factor analysis marketing: Factor analysis in marketing will show how the products affect customer’s purchase options to buy... was by measuring them...
8 Pages(2000 words)Assignment
Interpreting a Factor Analysis
...of dependency are expected to correspond to lower ages. A bivariate correlation analysis was run in the SPSS using the computed value for “dependency” and age. The test was run at the 5% level of significance. The findings are contained in the following section. Results Table 1: Descriptive Statistics Mean Std. Deviation N Participants age 32.90 11.250 1146 Dependence 14.2487 4.55707 1146 Table 2: Correlations Participants age Dependence Participants age Pearson Correlation 1 -0.107** Sig. (2-tailed) 0.000 N 1146 1146 Dependence Pearson Correlation -0.107** 1 Sig. (2-tailed) 0.000 N 1146 1146 **. Correlation is significant at the 0.01 level (2-tailed). The average ages of the 1146 participants is 32.4...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Research Paper on topic Factor Analysis: Statistics Research for FREE!
Contact Us