Principal Component Analysis PCA With Practical Example in Minitab

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Solve complex data problems easily with Multivariate Analysis at: https://vijaysabale.co/multivariate • Principal Component Analysis (PCA), Principal Component Analysis in Minitab, PCA Example, Multivariate Tools, Multivariate Analysis • Hello Friends, • In the last video on Multivariate Analysis, we saw the Introduction of Multivariate analysis, some of the essential concepts used in it and the introduction of various tools and techniques as a part of it. • In this video, we will learn the 1st tool in multivariate analysis, i.e. Principal Components Analysis (PCA) in Minitab software, with the help of a practical example for easy understanding and better clarity. • This video consists of the following topics: • • What is the Principal Components Analysis (PCA)? • • Data considerations for Principal Components Analysis • • Example of Principal Components Analysis • • Conduct Principal Component Analysis (PCA) in Minitab with a practical example, including- • 1. Number of components to compute • 2. Type of Matrix: Correlation and Covariance • 3. Graphs: •  Scree Plot, •  Score plot for the first 2 components, •  Loading plot for first 2 components, •  Biplot for the first 2 components, and •  Outlier plot • • Detailed interpretation of results from Principal Component Analysis (PCA), including: • 1. Cumulative Proportion • 2. Acceptable level of variance • 3. The eigenvalue to determine the number of principal components • 4. Detailed interpretation of: •  Scree Plot, •  Score plot for the first 2 components, •  Loading plot for first 2 components, •  Biplot for the first 2 components, and •  Outlier plot • • The conclusion from the analysis. • I am sure you will be liked it. • The Important links about LEARN APPLY: • 👨🏫 About Me: https://vijaysabale.com • 💻 Register to attend the FREE LIVE Webinar: https://vijaysabale.co/webinar • 🏫 Know about LEARN APPLY: https://learnandapply.org • 📚 My Learning Management System (LMS): https://www.successfulcareerhub.com/p... • 0:00 Introduction of Principal Component Analysis (PCA) • 1:51 Data Considerations for Principal Component Analysis • 2:19 Example for Principal Component Analysis in Minitab • 3:13 Conduct a Principal Component Analysis in Minitab • 3:46 Selection of all options while performing Principal Component Analysis in Minitab • 6:04 Interpretation of Principal Component Analysis in Minitab • And finally, thank you for watching… • #PrincipalComponentAnalysis #PrincipalComponentAnalysisMinitab #Multivariate #pca #MultivariateAnalysis #MultivariateTools #leansixsigma #learnandapply #successfulcareerhub #sixsigma

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