PSYCO105 Study Guide - Final Guide: Factor Analysis, Carol Dweck
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April 13 final review define factor analysis list and briefly describe the 4 steps involved in factor analysis. which aspect of a correlation (the strength or the direction) is most important factor in the analysis process. Factor analysis is a method of analyzing patterns of correlations in order to extract mathematically defined factors, which underlie and help make sense of those patterns. Step 1 is to collect data in the form of a set of personality measures taken across a large sampling of people. Step 2 is once the data is collected, the researcher should statistically correlate the scores for each adjective with those for each of the other adjectives. Step 3 is factor extraction, where through statistical means, the researcher identifies mathematical factors which best account for the observed pattern of correlations. Step 4 is labelling the factors and this is a subjective process.