Understanding and Applying Factor Analysis in R

===== Likes: 290 👍: Dislikes: 3 👎: 98.976% : Updated on 01-21-2023 11:57:17 EST ===== Ever wonder what Factor Analysis is and how it compares with Principal Component Analysis? Look no further! This is a guide to further theoretical and applied understanding of Factor Analysis! This comes with a code demonstration in R. Forgot what Principal Components is? https://youtu.be/uNJBBpyss50 Check out how to compute factor scores! https://www.real-statistics.com/multivariate-statistics/factor-analysis/factor-scores/ Data https://www.openml.org/d/509 0:00 - What is Factor Analysis? 1:42 - Terms to know when using Factor Analysis 4:09 - Set up Code and Model decision 7:05 - Interpreting Factor Analysis Output 10:45 - h2 and u2 interpretations 12:28 - Complexity term interpretation 12:49 - Other statistical measurements