What is another word for factor analysis?
Pronunciation: [fˈaktəɹ ɐnˈaləsˌɪs] (IPA) 
Factor analysis is a statistical method used to identify and analyze patterns in large data sets. There are numerous synonyms for this term, including principal components analysis, data reduction analysis, and dimension reduction analysis. Other synonyms include latent variable analysis, common factor analysis, and matrix factorization. In addition to these terms, exploratory factor analysis and confirmatory factor analysis may also be used to describe different types of factor analysis. Regardless of the specific terminology used, the underlying goal remains the same: to identify underlying factors that may help explain relationships between different variables in the data set.
