Factor Analysis: Illustration with Practical Example in Minitab

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  • Опубликовано: 2 окт 2024

Комментарии • 60

  • @kouroumajeanmoussa4402
    @kouroumajeanmoussa4402 2 года назад +1

    You videos are so much helpful and very easy to understand. Thanks and it up 🙏!

    • @learnandapply
      @learnandapply  2 года назад

      I am glad that it is helpful ☺
      Thank you so much for your valuable comments and appreciation 🙏🙏☺

  • @Shabbir2749
    @Shabbir2749 4 года назад +2

    Very nice presentation with clear explanation of each steps. This is my 1st experience easily explaining the table results of multivariate . Thanks.

  • @nikitamhatre5622
    @nikitamhatre5622 3 года назад +2

    I never usually comment. But this helped me a lot. Thanks a TON!

    • @learnandapply
      @learnandapply  3 года назад

      That's a great appreciation for me. Thank you so much for your valuable comments 🙏☺

  • @savithamkumar1059
    @savithamkumar1059 3 года назад +2

    simple and clear explanation thank you

    • @learnandapply
      @learnandapply  3 года назад

      Thank you so much for your valuable comments and appreciation!
      Your comments are important for us🙏

  • @maybellemarie8315
    @maybellemarie8315 2 года назад +2

    I like your videos! However, I think it would be better if you would give your viewers the copy of the data. It can be in either Google Sheets or what. In this way, we could also solve it on our own while watching the tutorial.

    • @learnandapply
      @learnandapply  2 года назад

      Thank you so much for your valuable comments and appreciation 😊🙏
      For detailed supporting data to practice, lifetime access to content, and handholding support with weekly calls, you can visit my Learning Management System successfulcareerhub.com/courses

  • @anuraupasantakumarawickram3406
    @anuraupasantakumarawickram3406 3 года назад +1

    Thank you very much, nice explanation with video, and very clear

    • @learnandapply
      @learnandapply  3 года назад

      Thank you so much for your valuable comments and appreciation!

    • @abbasuleiman9028
      @abbasuleiman9028 2 года назад

      how do you add more observations
      ?

  • @rohitbhardwaj9909
    @rohitbhardwaj9909 Год назад +1

    Very nicely explained 👏

    • @learnandapply
      @learnandapply  Год назад

      Glad you liked it!
      Thank you so much for your valuable comments and appreciation! 😊🙏
      You can also check out the detailed program in Multivariate Analysis at vijaysabale.co/multivariate

  • @AbeelRao
    @AbeelRao Год назад +1

    hi sir , hope you are good , sir i tried many times to do factor analysis with maximum likelihood method , when i put total 10 variables in variables box and then all i did u said in this vedio but when i click ok to execute with same settings you did , then appears a message of error "*ERROR* MUST HAVE MORE (NONMISSING) OBSERVATIONS THAN VARIABLES. so i tried with 9 out of 10 variables in variables box , then it performs , but results are not matching to book example , so kindly tell me where i am doing wrong

    • @learnandapply
      @learnandapply  Год назад

      Hi Abeel,
      Thank you for detailed message.
      Can you please check the 10th variable that you had removed?
      Is it contain non-missing data? That can be the situation.
      Please check once and reply me. Thank you and have a great day.

    • @user-yy4qb6xy7h
      @user-yy4qb6xy7h Год назад +1

      No , the 10th variable have 10 values
      It doesn’t contain non missing observations
      May I send you the data
      But how ?

    • @learnandapply
      @learnandapply  Год назад

      Ok, please send it to my email address. You can get it in the about section.

  • @dtox316
    @dtox316 3 года назад +1

    you keep pronouncing 'condensing' as 'considering' but otherwise good explanation

  • @coolbloknaba806
    @coolbloknaba806 3 года назад +1

    Thank you gr8!

    • @learnandapply
      @learnandapply  3 года назад

      Thank you so much for your valuable comments and appreciation ☺🙏

  • @abbasuleiman9028
    @abbasuleiman9028 2 года назад +1

    I tried Factor analysis using my data and keeps giving me an error message as "* ERROR * Must have more (nonmissing) observations than variables". my question is how do I add more observations when I don't have none in the data set? ( urgent help needed please)

  • @rumeeranisavapandit1965
    @rumeeranisavapandit1965 2 года назад +1

    Can't we have any manually done problems?

    • @learnandapply
      @learnandapply  2 года назад

      The calculations are somewhat tedious, but let me have a something conceptual video on this. Thank you so much for your valuable comments 😊🙏

    • @learnandapply
      @learnandapply  2 года назад

      I think this video can help you know how it is coming: ruclips.net/video/XvV7AwLF8v4/видео.html

  • @georgie8532
    @georgie8532 3 года назад +1

    Thank you very much for your very informative video! I have one question regarding transformation of the original data (at the individual level) based on the factor loadings. After performing factor analysis on my data (100 participants, 12 variables), I extract four factors that seem to comprise the 12 variables. Now I wish to return to the original data and transform the individual responses based on the factor loadings so that I can see if individual demographics, such as education level or age, affects the factor structure. Can you tell me how I might go back and transform each individual's data based on these factor loadings/scores? Thank you very much in advance for your help.

    • @learnandapply
      @learnandapply  3 года назад

      Thank you for your valuable comments and appreciation!
      As you have found out 4 factors, these are the groups of 12 variables considered.
      Now, consider the factors which will be having top contributions with the influence of more than 80% and treat them as an individual variable for data collection and analysis.

    • @georgie8532
      @georgie8532 3 года назад +1

      @@learnandapply Thank you for your prompt reply! I'm sorry to not have explained myself well but the data I have has already been collected. I have tested 110 participants on 12 variables, at two separate time points. I wanted to do factor analysis at both of these time points to see how the factor structure changes from time point 1 to time point 2 and to see if how that structure changes might be related to individual variables like age or education level.

    • @learnandapply
      @learnandapply  3 года назад

      Please conduct the factor analysis for both these times separately and compare their components for a combination of variables and their contributions.
      By comparing them, you can see whether they are resembling the same group and contribution.

  • @SaudaraLink
    @SaudaraLink Год назад +1

    If you want to use factor loadings in a regression, do you use all the scores from each variable on all loadings, or do you use the two, three, or four values you identified belonged to each variable? Is there an academic source that says the right way to do it?

    • @learnandapply
      @learnandapply  Год назад

      Yes, you can clearly see that in data considerations for Factor Analysis. For Factor loading we will take variables with higher coefficients. As Factors are arranged in descending order of their contribution, for factor loading we will consider first 2 factors.

  • @maaleem90
    @maaleem90 Год назад +1

    Thanks sir, that was indeed one of the simplest explanation.
    Although sir I got a doubt.
    What should be done after doing the factor analysis.
    I mean now that we have got four factors and we identified which factor explains nest which three variables.
    So what should we do after that?

    • @learnandapply
      @learnandapply  Год назад

      Thank you for your valuable comments and appreciation!
      Once you complete the analysis and got the combinations, validate that for the next few cycles.
      After evaluation, you can use it for future decision making.

    • @maaleem90
      @maaleem90 Год назад +1

      @@learnandapply thanks sir.
      That answer was helpful.

  • @raghavexplore1638
    @raghavexplore1638 3 года назад +1

    Hello Sir, Thanks you for all your videos. I have a question, I have all my 6 subjects marks from 1st std to 10th std. I want to analysis that which subjects I have performed better. Which Analysis method should I use? Thank you

    • @learnandapply
      @learnandapply  3 года назад

      Thank you so much for your valuable comments and appreciation!
      Please use the Boxplot for this analysis as a graphical tool.

  • @vikasarora6114
    @vikasarora6114 3 года назад +1

    Thankyou very much! Nice example and your speed is very comfortable.

    • @learnandapply
      @learnandapply  3 года назад

      Thank you so much for your valuable comments and appreciation!

  • @hymavathi2410
    @hymavathi2410 3 года назад +1

    Excellent !!! Now only clearly understood this concept for me thanks

    • @learnandapply
      @learnandapply  3 года назад

      That's great!
      Thank you for your valuable comments and appreciation ☺🙏

  • @maheesha1995
    @maheesha1995 3 года назад +1

    Thank you very mch for this clear clarification🤗🤗🤗

    • @learnandapply
      @learnandapply  3 года назад

      Your welcome and thank you so much for your appreciation!

  • @nikitrianta9896
    @nikitrianta9896 3 года назад +1

    Nice and helpful video, thank you!

    • @learnandapply
      @learnandapply  3 года назад

      Thank you so much for your valuable comments and appreciation ☺🙏

  • @Shabbir2749
    @Shabbir2749 4 года назад

    Please make videos on NMD, ANOSIM, ANCOA. and GLM
    Please explain the output results of diagram also which revealed in PCA/CCA/NMD etc

  • @sharifullahbashardost9722
    @sharifullahbashardost9722 3 года назад +1

    Can u healp me in my research

    • @learnandapply
      @learnandapply  3 года назад +1

      Sure. How can I help you?

    • @sharifullahbashardost9722
      @sharifullahbashardost9722 3 года назад

      @@learnandapply i am doing research about accident which occure by driver behavior .i need to help me how i analysis the data

  • @pervezalamkhan3200
    @pervezalamkhan3200 3 года назад

    make a video on kansei engineering plz

  • @rohanshinkre
    @rohanshinkre 3 года назад +1

    Brilliant yet so simple

    • @learnandapply
      @learnandapply  3 года назад

      Thank you so much for your valuable comments and appreciation 😊🙏

  • @drabdulhannan9662
    @drabdulhannan9662 4 года назад +1

    Good

    • @learnandapply
      @learnandapply  4 года назад

      Thank you so much for your valuable comments.

  • @springfairee14
    @springfairee14 4 года назад +1

    thanks!

    • @learnandapply
      @learnandapply  4 года назад

      Thank you so much for your valuable comments.

  • @anuraupasantakumarawickram3406
    @anuraupasantakumarawickram3406 3 года назад

    When I tried Factor analysis, it gave an error message as "* ERROR * Must have more (nonmissing) observations than variables". Anyone could kindly explain what is the reason for having such an error message?

    • @learnandapply
      @learnandapply  3 года назад

      It simply means the observations are fewer. Please add more observations to your data.

    • @abbasuleiman9028
      @abbasuleiman9028 2 года назад

      how do you that please?