A latent variable model is a statistical model that relates a set of variables (so-called manifest variables) to a set of latent variables.
DEFINITION of 'Functional Obsolescence'. A reduction in the usefulness or desirability of an object because of an outdated design feature, usually one that cannot be easily changed.The term is commonly used in real estate, but has a wide application.Next Up. reduction in the usefulness or desirability of an object because of an outdated design feature, usually one that cannot be easily changed. The term is commonly used in real estate, but has a wide application. Next Up.
âThe terms senescence and programmed cell death have led to some confusion.â âBehind this zone of environmental invasion is a wave of cell senescence, death and necrotrophic disappearance.â âMortality barriers to human cell immortalization and effectors of replicative cellular senescence in human cellsâ