From Complexity to Simplicity: On the Application of Three Techniques for Multivariate Data Analysis

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Abstract

The aim of this paper is to give an overview of three important techniques; factor, cluster and discriminant analysis. I find it necessary and more important to have an understanding of the basic assumptions and the underlying foundations of the methods rather than a thorough mathematical understanding of the algorithms. I will therefore account for a description of these methods based on a geometrical viewpoint and a more conceptual view rather than mathematical. A general description of the three techniques will be followed by a case, showing an application of all three techniques in the same study.
Original languageEnglish
Place of PublicationCopenhagen
PublisherDepartment of Management, Politics and Philosophy, CBS
Number of pages21
ISBN (Print)8790403835
Publication statusPublished - 2000
SeriesMPP Working Paper
Number15/2000
ISSN1396-2817

Cite this

Junghagen, S. (2000). From Complexity to Simplicity: On the Application of Three Techniques for Multivariate Data Analysis. Department of Management, Politics and Philosophy, CBS. MPP Working Paper, No. 15/2000