Factor Analysis: Uncovering Latent Variables in Your 2024 Research

Factor Analysis: Uncovering Latent Variables in Your 2024 Research

“The greatest danger in times of turbulence is not the turbulence; it is to act with yesterday’s logic.” – Peter Drucker Starting your 2024 research? It’s key to know about factor analysis. This statistical method helps find latent variables. It turns many variables into fewer, easier ones. This makes complex data easier to understand, useful for fields like psychology and market research. Using this method…