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 aims to identify underlying relationships between data variables, simplifying the data into a smaller set of factors or components that can explain the observed correlations.

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Factor Analysis Is

Question 10

Multiple Choice

Factor analysis is:

A) a way of screening people for abnormal personality traits.
B) a method of assessing how similar personalities are from different cultures.
C) a statistical procedure for analysing a complex phenomenon with the aim of simplifying it into more basic and more manageable patterns of description.
D) None of the above.

Correct Answer: