Dimension reduction

 

How to structure and what to aggregate?

 

To structure large amounts of data and to extract the relevant information can save time and money. To identify how variables are correlated and where the potential for aggregation, grouping, pattern recognition or optimization of data acquisition is given, we apply the following methods:

 

  • Principal component analysis
  • Factor analysis
  • Cluster analysis
  • Discriminant analysis
  • Classification and regression trees