Text Size. Wikimedia Commons. When I used to ask students what a poem is, I would get answers like âa painting in words,â or âa medium for self-expression,â or âa song that rhymes and displays beauty.â None of these answers ever really satisfied me, or them, and so for a while I stopped asking the question.
The FP&A Analyst is responsible for providing reliable financial reporting information to Senior Executives and Business Unit Management to be used to make...
Chapter 1 Theoretical Introduction â  Factor analysis is a collection of methods used to examine how underlying constructs inÂ°uence theresponses on a number of measured variables. â  There are basically two types of factor analysis: exploratory and conï¬rmatory.â Exploratory factor analysis (EFA) attempts to discover the nature of the constructs inÂ°uencinga set of responses. â Conï¬rmatory factor analysis (CFA) tests whether a speciï¬ed set of constructs is inÂ°uencing re-sponses in a predicted way..3 Factor Analysis vs. Principal Component Analysis â  Exploratory factor analysis is often confused with principal component analysis (PCA), a similarstatistical procedure. However, there are signiï¬cant diï¬erences between the two: EFA and PCAwill provide somewhat diï¬erent results when applied to the same data.