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What (who) is Statistical Analysis System - definition
STATISTICAL SOFTWARE
SAS (programming language); Interactive Matrix Language; SAS System; Statistical Analysis System; SAS/STAT; SAS (Software)
SAS System
<tool> (SAS) Integrated software to access, manage, analyze,
and present data. The SAS System can be used to perform data
entry, retrieval and management; report writing and graphics
design; statistical and mathematical analysis; business
forecasting and decision support; operations research; project
management and applications development.
(1998-11-06)
Factor analysis
STATISTICAL METHOD USED TO DESCRIBE CORRELATION THROUGH FEWER POSSIBLY LATENT VARIABLES
Factor analysis (in marketing); Factor Analysis; Multi-factorial; Factor loadings; Factorial analysis; Higher-order factor analysis; Principal factor analysis; Factor loading; Factor weight; Factor analyses; Statistical factor analysis
Factor analysis is a statistical method used to describe variability among observed, correlated variables in terms of a potentially lower number of unobserved variables called factors. For example, it is possible that variations in six observed variables mainly reflect the variations in two unobserved (underlying) variables.
Wikipedia
SAS (software)
SAS (previously "Statistical Analysis System") is a statistical software suite developed by SAS Institute for data management, advanced analytics, multivariate analysis, business intelligence, criminal investigation, and predictive analytics.
SAS was developed at North Carolina State University from 1966 until 1976, when SAS Institute was incorporated. SAS was further developed in the 1980s and 1990s with the addition of new statistical procedures, additional components and the introduction of JMP. A point-and-click interface was added in version 9 in 2004. A social media analytics product was added in 2010.
