Factor Analysis Uses Correlations Among Variables to Identify Subgroups

question 15

True/False

Factor analysis uses correlations among variables to identify subgroups.

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Definitions:

Codifies Employee Data

The process of organizing and systematizing employee information into a structured and accessible format.

HR Metrics Workforce Analytics

Quantitative measures and analysis techniques used to assess the performance and impact of human resources practices on an organization.

Business Intelligence

The technology-driven process for analyzing data and presenting actionable information to help executives, managers, and other corporate end users make informed business decisions.

Strategic Decision Making

High-level, long-term decisions made by top executives that shape the direction and future of an organization.