Data reduction, Applied Statistics

Assignment Help:

The PCA is amongst the oldest of the multivariate statistical methods of data reduction. It is a technique for simplifying a dataset, by reducing multidimensional datasets to lower dimensions for analysis. It produces a small number of derived variables that are uncorrelated and that account for most of the variation in the original data set.'By reducing the number of variables'in this way, we can understand the underlying structure of the data. 'The derived variables are combinations of the original variables. For example, it might be that students take I0 examinations and some students do well in one examination while other students do better in another. It is difficult to compare one student with another when we have 10 marks to consider. One obvious way of comparing students is to calculate the mean score.

This is a constructed combination of the existing variables. However, one might get a more useful comparison of overall performances by considering other constructed cwbinations of the 10 exam marks. The PCA is one way of constructing such combinations, doing so in such a way as to account fer the maximum possible variation in the original data. We can then compare students' performance by considering this much smaller number of variables.

PCA states and then solves a well-defined statistical problem, and except for special cases always gives a unique solution wi.th some very nice mathematical properties. We can even describe some very artificial practical problems for which PCA provides the exact solution. The difficulty comes in trying to relate PCA to real-life scientific problems; the match is simply not very good. Actually PCA often provides a good approximation to common factor analysis, but that feature is now unimportant since both methods are now easy enough.


Related Discussions:- Data reduction

Multi stage or cluster random sampling, Multi stage or Cluster Random sampl...

Multi stage or Cluster Random sampling  Under this method, the random selection is made of primary, intermediate and final units from a given population. The area of investigat

The cost of living index, The cost of living index number on a some data wa...

The cost of living index number on a some data was 200. From the base period, the percentage enhances in prices were-Rent Rs 60, clothing Rs 250, Fuel and Light Rs 150 and Miscella

Calculate the line of best fit, The manager of Pizza Hut provides a deliver...

The manager of Pizza Hut provides a delivery service for customers who telephone in an order. The manager would like to give callers an idea of the time it will take to deliver an

Difference in goals between pca and fa, In PCA the eigknvalues must ultimat...

In PCA the eigknvalues must ultimately account for all of the variance. There is no probability,'no hypothesis, no test because strictly speaking PCA is not a statistical procedure

Interpolation and extrapolation, Meaning of Interpolation and Extrapolation...

Meaning of Interpolation and Extrapolation Interpolation is a method of estimating the most probable  missing figure on  the basis of given data under certain assumptions. On t

Vector of a company, Suppose both the Repair record 1978 and Company headqu...

Suppose both the Repair record 1978 and Company headquarters are believed to be significant in explaining the vector (Price, Mileage, Weight). Here, because of the limited sample s

Test for equality of proportions, Test for Equality of Proportions For...

Test for Equality of Proportions For example, we may want to test whether the percentage of smokers (p 1 ) among the males equals the percentage of female smokers (p 2 ). W

Statisttics., Explain any two applications of statistics

Explain any two applications of statistics

Inference on reggression analysis, find the expected value of the mean squa...

find the expected value of the mean square error and of the mean square reggression

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd