Data reduction, Advanced Statistics

The method of summarizing the large amounts of data by forming the frequency distributions, scatter diagrams, histograms, etc., and calculating statistics like means variances and correlation coefficients. The term is also used when obtaining the low-dimensional representation of multivariate data by methods such as principal components analysis and the factor analysis.

Posted Date: 7/27/2012 2:01:36 AM | Location : United States

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