The Next The Craft of Statistical Analysis Webinar* is: Principal Component Analysis
Principal Component Analysis is a variable reduction procedure–it allows you summarize the common variation in many variables into just a few. It’s similar to Factor Analysis, but has different underlying assumptions and meanings of the components.
This webinar will summarize what it is, when to use it, how it differs from Factor Analysis, and briefly demonstrate the 5 steps to conducting a Principal Component Analysis.
This webinar has already taken place, but you can get the recording here.
**********************************************
What’s a The Craft of Statistical Analysis Webinar? It’s a regular webinar series for researchers to help you hone the craft of statistical analysis. Each webinar is about a single statistical topic that is often confusing, misunderstood, or not well known to researchers. Check it out and pass the word along–they’re free!




