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Introduction to
Factor Analysis
Ahmad Ahmad
February 12, 2020
Factor Analysis
“A statistical approach that can be used to analyze
interrelationship among a large number of variables
and explain these variables in terms of their common
underlying dimension.”
Factor Analysis
“A statistical approach that can be used to analyze
interrelationship among a large number of variables
and explain these variables in terms of their common
underlying dimension.”
F1
F3
F2
The product benefits don't outweigh costs
Too many clicks until purchase
Insufficient information
Did not have size
Checkout process is too long
Color of choice is out of stock
Found product else where for less
Price is prohibitive
F3
F2
The product benefits don't outweigh costs
Too many clicks until purchase
Insufficient information
Did not have size
Checkout process is too long
Color of choice is out of stock
Found product else where for less
Price is prohibitive
Inventory
management
The product benefits don't outweigh costs
Too many clicks
Insufficient information
Did not have size
Checkout process is too long
Color of choice is out of stock
Found product else where for less
Price is prohibitive
Inventory
management
Price/Value
Site structure
F1
F3
F2
Nursing staff was extremely kind and attentive
Physician team was very informative
Accepted insurance
Best hospital in my area
Perception of lower cost
Unaware of other options
Surgeon had many years of experience
Easy online scheduling
F3
F2
Nursing staff was extremely kind and attentive
Physician team was very informative
Accepted insurance
Best hospital in my area
Perception of lower cost
Unaware of other options
Surgeon had many years of experience
Easy online scheduling
Brand
recognition
Nursing staff was extremely kind and attentive
Physician team was very informative
Accepted insurance
Best hospital in my area
Perception of lower cost
Unaware of other options
Surgeon had many years of experience
Easy online scheduling
Brand
recognition
Patient
experience
Affordability
Boeing Employee
Satisfaction Survey
SPSS
Excel
Python
R
Ahmad Ahmad
ahmad.ahmad@otterbein.edu
(614) 377-9990

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Introduction to Factor Analysis

  • 1. Introduction to Factor Analysis Ahmad Ahmad February 12, 2020
  • 2. Factor Analysis “A statistical approach that can be used to analyze interrelationship among a large number of variables and explain these variables in terms of their common underlying dimension.”
  • 3. Factor Analysis “A statistical approach that can be used to analyze interrelationship among a large number of variables and explain these variables in terms of their common underlying dimension.”
  • 4. F1 F3 F2 The product benefits don't outweigh costs Too many clicks until purchase Insufficient information Did not have size Checkout process is too long Color of choice is out of stock Found product else where for less Price is prohibitive
  • 5. F3 F2 The product benefits don't outweigh costs Too many clicks until purchase Insufficient information Did not have size Checkout process is too long Color of choice is out of stock Found product else where for less Price is prohibitive Inventory management
  • 6. The product benefits don't outweigh costs Too many clicks Insufficient information Did not have size Checkout process is too long Color of choice is out of stock Found product else where for less Price is prohibitive Inventory management Price/Value Site structure
  • 7. F1 F3 F2 Nursing staff was extremely kind and attentive Physician team was very informative Accepted insurance Best hospital in my area Perception of lower cost Unaware of other options Surgeon had many years of experience Easy online scheduling
  • 8. F3 F2 Nursing staff was extremely kind and attentive Physician team was very informative Accepted insurance Best hospital in my area Perception of lower cost Unaware of other options Surgeon had many years of experience Easy online scheduling Brand recognition
  • 9. Nursing staff was extremely kind and attentive Physician team was very informative Accepted insurance Best hospital in my area Perception of lower cost Unaware of other options Surgeon had many years of experience Easy online scheduling Brand recognition Patient experience Affordability