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Showing posts from October, 2018

An Introduction to Factor Analysis

An Introduction to Factor Analysis Hi Guys, in this article I will be giving a theoretical overview about Factor Analysis. This article could also be considered as a continuation of my previous article on Structural Equation Modelling . Since a prior knowledge on Factor analysis is very important to have a better understanding of SEM, I would like to give separate and dedicated article related to Factor Analysis and Path Analysis. This article will cover the Factor Analysis and soon there will be a separate one for Path Analysis too. Lets get started, What exactly a Factor Analysis is? The theory behind the factor analysis is that, the information gained about the inter-dependencies between observed variables can be used later to reduce the set of variables in a dataset. In general, it can be considered as a Data reduction or Dimensionality reduction technique. It's objective is to find out the latent factors that create a commonality among the set of variables. The...

Structural Equation Modelling - A basic introduction.

Structural Equation Modelling - A basic introduction. Hi Folks, before I begin, I would like to give a overview about the content in this post. This article gives a theoretical overview about the Structural Equation Modelling. This article is targeted and primarily helpful for beginners. The main reason why I have been intended to write this article is to provide an easy understanding about the concept of SEM in a layman language. I humbly admit that, I'm not going to deal with the entire concepts, principles and explanations related to SEM. However, I hope that this article at least provides you a better idea of the rudiments lying under the hood of SEM. Let me give a quick introduction about myself(Sorry for the interruption). I'm a Software Engineer (Business Intelligence & Analytics). A person with ardent interest and curiosity in dealing with data. Data Science and Machine Learning enthusiast. Data Science and Machine Learning blogger. An R & Python(jus...

Data Science

Several days ago, I've shared a link as a post in my LinkedIn profile, which gives a better introduction about Data Science. Here, again I would like to share the same link, so that it may helpful to many..... Please follow the link... https://www.edureka.co/blog/what-is-data-science/