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

Kolmogorov-smirnov - normal probability plot, The Null Hypothesis - H0:  Th...

The Null Hypothesis - H0:  The random errors will be normally distributed The Alternative Hypothesis - H1:  The random errors are not normally distributed Reject H0: when P-v

Probability, .1 Modern hotels and certain establishments make use of an ele...

.1 Modern hotels and certain establishments make use of an electronic door lock system. To open a door an electronic card is inserted into a slot. A green light indicates that the

Coefficient of variation, Coefficient of Variation or C.V. To compare t...

Coefficient of Variation or C.V. To compare the variability between or more series, coeffiecnt of variation is used, it is relative measure of dispersion, it innovated and used

Estimate the values of the dependent variable, 1. Suppose you are estimatin...

1. Suppose you are estimating the imports (from both the U.S. mainland and foreign countries) of fuels and petroleum products in Hawaii (the dependent variable). The values of the

Data project, Dr. Jim Mirabella UNIT EIGHT: DATA ANALYSIS PROJECT All Excel...

Dr. Jim Mirabella UNIT EIGHT: DATA ANALYSIS PROJECT All Excel output should be copied into a single Word document where you must enter all of your responses to the questions below.

Weight distribution, What does the confidence level of a confidence interva...

What does the confidence level of a confidence interval tell you? Suppose that a population has mean, µ, and standard deviation, σ.  What does the central limit theorem tell us

Determine best estimates of the population mean and variance, Question: ...

Question: (a) A normal distribution is thought to have a mean of 50. A random sample of 100 gave a mean of 52.6 and a standard deviation of 14.5. A significance test was carri

Standard error, Standard Error The measure of reliability of the estima...

Standard Error The measure of reliability of the estimating equation that we have developed is given by standard error of estimate. The standard error of estimate represented b

Show a simple linear regression analysis, In the early 1990s researchers at...

In the early 1990s researchers at The Ohio State University studied consumer ratings of six fast-food restaurants: Borden Burger, Hardee's, Burger King, McDonald's, Wendy's, and Wh

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