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Distinguish between pca and fa using examples

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Reference no: EM132895083

Tasks:

Review the following resource:

From the bullet point list below, select one topic for which you will lead the discussion in the forum this week. Reserve your selected topic by posting your response (reservation post) to the Discussion Area and identifying your topic in the subject line:

Discuss the conceptual framework of PCA? What is its objective?

Distinguish between PCA and FA using examples.

Create a business example for the application of PCA. Justify why you think it is appropriate for your example.

What are principal component scores? How are they used in data analysis?

What is meant by a latent variable? Provide an example.

Reference no: EM132895083

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