If the primary purpose is data reduction one would use
A)cluster analysis
B)factor analysis
C)discriminant analysis
D)conjoint analysis

Question

Quizplus · Accepted Answer

Factor analysis is the technique used for data reduction by identifying underlying factors that contribute to the variation in a set of observed variables. It helps in simplifying the complex data structure by grouping similar variables together and reducing the number of variables to focus on the key underlying factors. Cluster analysis, discriminant analysis, and conjoint analysis are not primarily used for data reduction.

If the Primary Purpose Is Data Reduction One Would Use