What Does PFA Stand For?
PFA stands for Principal Factor Analysis
Principal Factor Analysis (PFA) is a statistical technique used to identify underlying relationships between observed variables by reducing data dimensionality. It aims to uncover latent factors that explain the variance within a dataset, allowing researchers to simplify complex data structures and improve data interpretation. PFA is widely utilized in fields such as psychology, finance, and marketing for exploratory data analysis, enabling the identification of key patterns and intrinsic relationships among variables.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym