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AI and Statistical Terms Glossary: "Statistical Analysis"

Examples include principal component analysis, factor analysis, and cluster analysis!

Statistical analysis is a systematic methodology for examining the properties of a certain amount of data and inferring the characteristics of a larger dataset (population) from a subset of data (sample). Examples of statistical analysis include principal component analysis, factor analysis, and cluster analysis. *For detailed content of the glossary, please refer to the related links. Feel free to contact us for more information.*

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  • Statistical analysis
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AI and Statistics Terminology Glossary: "Principal Component Analysis"

A method to explain the correlation relationships from data with many variables using a few fewer variables!

Principal component analysis is one of the statistical analysis methods. It is a technique that explains the correlation relationships of data with many variables using a smaller number of variables (principal components). By synthesizing or compressing data with many variables into a few principal components while minimizing information loss, one can succinctly understand the overall picture of the data. *For detailed content of the glossary, please refer to the related links. For more information, feel free to contact us.

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  • Statistical analysis
  • Principal component analysis

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