Factor Analysis

Beginner to Advance 4.7 (3 Ratings) 85 Students Enrolled
ACCREDITED BY CPD
£64.00
Course Includes:
  • Accredited By: CPD
  • Course Level: Beginner to Advance
  • Course Duration: 365 Days
  • Number of Modules: 7
  • Guided Learning Hours: 2
  • Course Certificate: At completion
  • Assessment Included:
  • Course Material:
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Key Features

Asynchronous Learning

Easy Navigation

Support by Phone, Live Chat and Email

24 x 7 Access

Certification and Job Assistance

42 Hrs Instructor-led Training
28 Hrs Self-paced Videos
56 Hrs Project Work & Exercises
Flexible Schedule
24 x 7 Lifetime Support & Access
Certification and Job Assistance
What Will I Learn?
  • Apply PCA to explain the returns of a technology stock like Apple
  • Build Regression Models with Principal Components in Excel, R, & Python
  • Use Principal Components for dimensionality reduction and exploratory factor analysis
  • Understand and Analyse Principal Components
Description

Factor Analysis (FA) is an exploratory data analysis method used to search influential underlying factors or latent variables from a set of observed variables. It helps in data interpretations by reducing the number of variables. It extracts maximum common variance from all variables and puts them into a common score.

Factor analysis is widely utilised in market research, advertising, psychology, finance, and operation research. Market researchers use factor analysis to identify price-sensitive customers, identify brand features that influence consumer choice, and helps in understanding channel selection criteria for the distribution channel. Getting certified will make you a marketable candidate with a competitive advantage over your peers by gaining a clear understanding of factor analysis.

Why You Should Learn at Next Learn Academy? Online learning is flexible, convenient and gives you the opportunity to balance life's other commitments with higher education. Next Learn Academy offers an extensive range of online courses with a variety of rich material and resources that will let you connect to peers and expert tutors and build on your skills and knowledge. Next Learn Academy is a reliable online provider with a strong reputation and its meticulously designed courses to help you kick-start your professional journey in the best possible way.

 

  • Learners should be over the age of 16, and have a basic understanding of English, ICT and numeracy.
  • A sound educational background is recommended
  • Data analysts who want to move from summarising data to explaining and prediction
  • Any business professionals who want to apply Factor Analysis and Linear Regression to solve relevant problems
  • Individuals aspiring to be data scientists

To pass this course learners must have successfully passed all the assessment criteria. The purpose of assessment is to ensure that effective learning has taken place.

You will need to submit these assignments online via the online learning portal, they will then be subject to internal assessment and results will be provided.

  • You will only need to pay £19 for assessment & Certificate.

Upon the successful completion of the course, you will be awarded the ‘Certificate in Factor Analysis - Level 2’ certificate by CPD.

Access Duration

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course. The course is self-paced and you can complete it in stages, revisiting the lectures at any time.

Awarding Body

CPD is an internationally recognised accrediting body that will make your CV standout and encourage employers to see your motivation at expanding your skills and knowledge in an enterprise.

Other Benefits                  

  • High-quality e-learning study materials.
  • Tutorials/materials from industry-leading experts.
  • 24/7 Access to the Learning Portal.
  • Recognised Accredited Certification
  • Learners should be over the age of 16, and have a basic understanding of English, ICT and numeracy.
  • A sound educational background is recommended
  • Data analysts who want to move from summarising data to explaining and prediction
  • Any business professionals who want to apply Factor Analysis and Linear Regression to solve relevant problems
  • Individuals aspiring to be data scientists

To pass this course learners must have successfully passed all the assessment criteria. The purpose of assessment is to ensure that effective learning has taken place.

You will need to submit these assignments online via the online learning portal, they will then be subject to internal assessment and results will be provided.

  • You will only need to pay £19 for assessment & Certificate.

Upon the successful completion of the course, you will be awarded the ‘Certificate in Factor Analysis - Level 2’ certificate by CPD.

Access Duration

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course. The course is self-paced and you can complete it in stages, revisiting the lectures at any time.

Awarding Body

CPD is an internationally recognised accrediting body that will make your CV standout and encourage employers to see your motivation at expanding your skills and knowledge in an enterprise.

Other Benefits                  

  • High-quality e-learning study materials.
  • Tutorials/materials from industry-leading experts.
  • 24/7 Access to the Learning Portal.
  • Recognised Accredited Certification
£64.00
Course Includes:
  • Accredited By: CPD
  • Course Level: Beginner to Advance
  • Course Duration: 365 Days
  • Number of Modules: 7
  • Guided Learning Hours: 2
  • Course Certificate: At completion
  • Assessment Included:
  • Course Material:
Training 5 or more people?

Get your team access to 600+ top NLA courses anytime, anywhere.

Try NLA for Business
Program Fee
Starting @

?22,000/month

Total Program Fee ?3,25,000

Get a chance to win a scholarship up to Rs.1.10 Lakhs

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Student Feedback
4.7
Average Rating
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Reviews
  • JS
    Thu, 16-Jul-2020
    Jasmine Simpson
    Content was Good
    The actual content of the course was really informative and I found it useful.
  • KP
    Mon, 15-Jun-2020
    Kris Price
    Brilliant Course
    Brilliant Course and great value for money. Brilliant tutorial feedback.
  • DM
    Thu, 30-Jul-2020
    Dorothy Mcdonald
    Very informative
    Great course, very informative, I’m super mega happy finishing it.

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