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Which methods of multivariate data analysis can be used to identify complex relationships between variables?

09/08/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are several methods of multivariate data analysis that can be used to identify complex relationships between variables. Here are some common methods:

Multivariate linear regression: this method allows you to examine the relationship between a dependent variable and multiple independent variables. It can be used to analyze the influence of individual variables on the dependent variable while controlling for the effects of the other variables.

Factor analysis: this method is used to identify latent factors that explain multiple observable variables. It helps to understand the underlying structure of the data and to reduce variables.

Factor Analysis.

Cluster analysis: this method is used to organize similar objects or cases into groups. It helps identify patterns and structures in the data by grouping similar characteristics together.

Main component analysis: this method is used to reduce variance in the data and identify the most important dimensions. It allows complex relationships between variables to be simplified and visualized.

Discriminant analysis: this method is used to examine differences between groups based on several variables. It helps identify variables that best predict group membership.

Structural equation modeling: this method allows complex relationships between variables to be modeled and analyzed. It is often used to test and validate theoretical models.

These are just a few examples of methods for multivariate data analysis. The choice of appropriate method depends on the nature of the data, the research questions, and the specific goals of the analysis.

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