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What is factor network analysis?

April 26, 2017analysis Factor Network

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What is factor network analysis?

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Factor network analysis is a multivariate technique which combines rigorous statistical methods with a sophisticated pattern recognition system. Similar to factor analysis, principal component analysis and partial least squares analysis, factor network analysis is specifically designed for analyzing large amounts of highly interrelated process and quality data. The pattern recognition system allows users to incorporate their own process expertise into the system, creating robust and accurate process models.