Rarely is role playing viewed as the effective and useful coaching tool that it is. When set up and used correctly, role playing is one of the most helpful ways to train and develop your employees.
Correlation analysis is used primarily as a data exploration technique to reveal the degree of association in a set of matched data. This information can inform subsequent analyses of relationships between variables. In particular, correlation can indicate possible factors that confound a relationship of interest.
Factor Analysis. Exploratory factor analysis is a statistical approach that can be used to analyze interrelationships among a large number of variables and to explain these variables in terms of a smaller number of common underlying dimensions.actor analysis is based on a correlation table. If there are k items in the study (e.g. k questions in the above example) then the correlation table has k Ã k entries of form rij where each rij is the correlation coefficient between item i and item j.