Breadcrumb Home > Dictionary > Index F factor analysis: Meaning and Definition of Find definitions for: fac'tor anal"ysis Pronunciation: [key] — Statistics. Statistics. the use of one of several methods for reducing a set of variables to a lesser number of new variables, each of which is a function of one or more of the original variables. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. factorage factor group TrendingHere are the facts and trivia that people are buzzing about. Hanukkah Origins of the Christmas Holiday Jewish Holidays, 2010-2030 (A.M. 5770-5791) Western Christian Holidays, 2010-2030 Krampus: The Christmas Devil Kwanzaa ✖ Related Content Daily Word Quiz: empyrean Analogy of the Day: Today’s Analogy Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language