Principal Component Analysis (PCA) is a statistical dimensionality reduction technique used to identify underlying patterns and structures in multivariate data sets. PCA transforms a set of correlated variables into a set of uncorrelated variables called principal components, which account for most of the variability in the original data.
The objective of PCA is to reduce the dimensionality of the data by projecting them into a lower dimensional space while retaining as much information as possible. Principal components are calculated from a covariance or correlation matrix of the original variables and ordered according to their relative contribution to the total variability of the data set. The principal components are then used to reconstruct the original data, allowing for a reduced representation of the original data set.
PCA is commonly used in machine learning applications to simplify and compress data, facilitating analysis and visualisation. It is also used in data exploration to discover underlying patterns and structures in large multivariate datasets.
Industry 4.0 is the name given to the fourth industrial revolution, which is characterized by the inclusion of advanced technologies in production processes.
Read More »When seeking financing for companies, one of the most widely used formulas today is factoring. This is a resource that is not always [....]
Read More »Blockchain technology is best known as the computer architecture on which Bitcoin and other cryptocurrencies are based, and it is also known as the [...]
Read More »Companies are increasingly aware of the importance of properly analyzing and managing the huge amount of data they store on a daily basis.
Read More »